Free Standing Building on
521 W Kearney St, Springfield, MO 65803
For Sale
$265,000
2,584 SF building on W Kearney in Springfield, Missouri.
Property Size2,584 SF
Price / SF$102.55
Days on Market229
Property Features for 521 W Kearney St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Building Size
Year Built
Listing Agency:
SVN | Rankin Co
Listed By:
Jack Rankin · License MO #2018038830
(417) 860-9951
Source:
Svn
Added: Mar 27
Changed: Oct 25
Last Checked: Nov 10 at 5:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Rankin Co
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Investment Insights
Based on property information with market context.
This is a 2,584 SF free standing building located on W Kearney in Springfield, Missouri. The building includes a large entry area, several offices, and a shop area featuring two work bays, each equipped with overhead door access. The property is zoned Highway Commercial (HC) and is situated directly on W Kearney, providing great visibility and easy access from other major thoroughfares. The property is located east of the intersection of W. Kearney and N. Kansas Expressway in NW Springfield, Missouri. Surrounding retailers include Bank of America, Burger King, McDonalds, Wendy's, Taco Bell, McAlisters Deli, Hobby Lobby, Panera Bread, Braum's Ice Cream, Harbor Freight, Walmart Super Center, and Take 5 Oil Change.
Key Highlights
- 2,584 SF free‑standing building
- Located on W Kearney with great visibility
- Highway Commercial (HC) zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,332
Cap Rate
7.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,640
$386.6K
Cap Rate 7%
$276,171
$276.2K
Cap Rate 9%
$214,800
$214.8K
Market Conditions
NOI Build-Up for 2,584 SF
Gross rent
$32.6K $12.60/SF
− Vacancy
−$1.6K −$0.63/SF
EGI
$30.9K $11.97/SF
− OpEx
−$11.6K −$4.49/SF
NOI
$19.3K $7.48/SF
Area
Springfield, MO
Vacancy
5.00%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,640
Cap Rate 7%
$276,171
Cap Rate 9%
$214,800
Alternative Uses
Best Use
Mixed Use
$276.2K
$241.7K – $322.2K
NOI $19,332 @ 7.0% cap · market cap 7.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$390.0K
$341.3K – $455.0K
NOI $27,301 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
281
Businesses Nearby
Explore this area
Business Placement
Demographics for 65803, MO
42,007
Population
19,659
Households
2.1
Avg Household Size
38
Median Age
22%
College-Educated
91%
High-School Grad
93.4 sq mi
ZIP Area
450
Density / Sq Mi
$46,539
Median Household Income
$33,537
Median Earnings
$890
Median Rent
$158,200
Median Home Value
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Market
Properties on Market for Mixed-use properties in Springfield
Frequently Asked Questions
What type of property is this?
Mixed-use property - 2,584 SF building on W Kearney in Springfield, Missouri.
Where is this mixed-use property located?
The property is located at 521 W Kearney St Springfield, MO.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 2,584 SF free‑standing building; Located on W Kearney with great visibility; Highway Commercial (HC) zoning
