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Mixed-Use Property with Fenced Yard
For Lease
$5.25 SF/Yr

531 N Boonville Avenue, Springfield, MO 65806

Office, retail, warehouse, and outdoor storage space are offered together under CC- Center City zoning.

Space Size10,296 SF
Days on Market15

Property Features for 531 N Boonville Avenue

General Information

Standard status Active
Size 10,296 SF
Net Rentable 10,296 SF
Zoning CC- Center City

Space & Availability

Available Space 10,296 SF
Contiguous Space 9,096 SF

Lease Terms

Lease Rate $5.25 /SF/YR
Monthly Rent $4,504
Rent per SF/Year $5.25
Lease Term 60 months
Flexible Term Yes

Site & Location

Neighborhood West Central
Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Warehouse Space 7,260 SF
Office Build-Out 3,036 SF
Drive-In Doors 6
Warehouse Heated Yes

Taxes and HOA fees

Annual Taxes $8,685

Building Details

Building Size 10,296 SF
Year Built 1947
Buildings 2
Listing Agency: Murney Associates - Primrose
Listed By: Mark Kerivan · License #1999065513
Source: Grassmuckrealty
Added: Oct 14 Changed: Oct 27 Last Checked: Oct 27 at 4:27AM

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 Murney Associates - Primrose

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Investment Insights

Based on property information with market context.

This mixed-use lease offering brings office, retail, and warehouse space together across the main property and an included warehouse at 218 W Tampa Street. The main building contains 9,096 square feet, including 3,036 square feet of office space with four offices, an open area, a break room, three storage rooms, and two restrooms. Its 6,060-square-foot warehouse has 13-foot bar joist clearance, three electric ground-level overhead doors, halide lighting, and gas unit heating.

The additional 1,200-square-foot warehouse has two ground-level overhead doors, gas unit heating, and a large fenced storage yard. The property is in Downtown Springfield and zoned CC- Center City. Prospective users should confirm applicable uses with the City of Springfield Planning Department.

Key Highlights

  • 9,096‑square‑foot main building includes 3,036 square feet of office space and a 6,060‑square‑foot warehouse
  • Warehouse has 13ft bar joist clearance and three ground‑level electric overhead doors: two 14'h x 15'w and one 10' x 10'
  • Office area includes four offices, an open area, a break room, three storage rooms, and two restrooms

Property Analytics

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Open Analytics

Current Use

Affordable Autos Car Dealership Repo Handling Car Dealership Hardy Boy Detailing Car Wash BH Auto Repair Auto Repair Shop

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Grocery & Convenience Store Wine and Liquor Store Tanning Salon Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Drive-in doors
Yes
Fenced yard
NNN (Triple Net)
Lease Type
$0.79 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,258
Businesses Nearby

Demographics for 65806, MO

12,529
Population
8,049
Households
1.6
Avg Household Size
27
Median Age
22%
College-Educated
87%
High-School Grad
2.1 sq mi
ZIP Area
5,966
Density / Sq Mi
$28,450
Median Household Income
$21,090
Median Earnings
$840
Median Rent
$85,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Springfield, MO

$17.55 /SF/Yr
Avg Asking Price
$12.68–$24 /SF/Yr
Price Range
3,566 SF
Avg Space Size

This space is priced 70% below the average of $17.55 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Office, retail, warehouse, and outdoor storage space are offered together under CC- Center City zoning.
Where is this mixed-use property located?
The property is located at 531 N Boonville Avenue Springfield, MO.
What is the lease rate?
The lease rate is $5.25 SF/Yr.
What are key features of this property?
This property features: 9,096‑square‑foot main building includes 3,036 square feet of office space and a 6,060‑square‑foot warehouse; Warehouse has 13ft bar joist clearance and three ground‑level electric overhead doors: two 14'h x 15'w and one 10' x 10'; Office area includes four offices, an open area, a break room, three storage rooms, and two restrooms
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