Multi-Tenant Mixed-Use
For Sale
$2,000,000
5601 S Campbell Ave, Springfield, MO 65810
Nine suites are leased, and one additional suite is available for an owner-user.
Property Size17,200 SF
Lot Size2.00 Acres
Price / SF$116.31
Days on Market10
Property Features for 5601 S Campbell Ave
General Information
Standard status
Active
Size
17,200 SF
Lot size
2.00 Acres
Property subtype
Commercial
Occupancy
90%
Site & Location
Pylon Signage
Yes
Road Access
Yes
Additional Details
Office Units
10
Amenities
garage stalls
Building Details
Year Built
1979
Buildings
1
Building Size
17,200 SF
Tenancy
Multi
Listing Agency:
Keller Williams Local
Listed By:
Adam Graddy klrw369@kw.com
Source:
Trilakeshomesearch
Added: Sep 28
Changed: Oct 7
Last Checked: Oct 7 at 2:47PM
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 Keller Williams Local
Investment Insights
Based on property information with market context.
This 17,196-square-foot mixed-use property at 5601 S Campbell Ave in Springfield combines office and retail space across 10 suites. Nine suites are leased, while one is available for an owner-user. The 2.0-acre site includes three garage stalls, asphalt parking, a pole sign, and frontage on Campbell Avenue. A roof was installed in 2021, and two HVAC systems were added in 2023. Built in 1979, the property offers both leased suites and space for an occupying owner.
The Ski Shack next door is not included in the sale. A survey will be completed before closing to separate the back acreage, and an easement will be required.
The Ski Shack next door is not included in the sale. A survey will be completed before closing to separate the back acreage, and an easement will be required.
Key Highlights
- 17,196 square feet of mixed office and retail space
- 2.0‑acre property with Campbell Avenue frontage and a pole sign
- 10 suites: 9 leased and 1 available for an owner‑user
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$136,260
Cap Rate
6.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,725,200
$2.7M
Cap Rate 7%
$1,946,571
$1.9M
Cap Rate 9%
$1,514,000
$1.5M
Market Conditions
NOI Build-Up for 17,196 SF
Gross rent
$189.8K $11.04/SF
− Vacancy
−$8.2K −$0.47/SF
EGI
$181.7K $10.57/SF
− OpEx
−$45.4K −$2.64/SF
NOI
$136.3K $7.92/SF
Area
Springfield, MO
Vacancy
4.30%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,725,200
Cap Rate 7%
$1,946,571
Cap Rate 9%
$1,514,000
Alternative Uses
Best Use
Office B
$1.95M
$1.70M – $2.27M
NOI $136,260 @ 7.0% cap · market cap 6.81%
Second Best
Mixed Use
$1.84M
$1.61M – $2.14M
NOI $128,648 @ 7.0% cap · market cap 6.43%
Theoretical Best
Office A
$2.60M
$2.27M – $3.03M
NOI $181,681 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
10
Office units
90%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
238
Businesses Nearby
Explore this area
Business Placement
Demographics for 65810, MO
23,168
Population
10,022
Households
2.3
Avg Household Size
42
Median Age
47%
College-Educated
95%
High-School Grad
12.0 sq mi
ZIP Area
1,931
Density / Sq Mi
$90,562
Median Household Income
$50,155
Median Earnings
$1,109
Median Rent
$282,900
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Nine suites are leased, and one additional suite is available for an owner-user.
Where is this mixed-use property located?
The property is located at 5601 S Campbell Ave Springfield, MO.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 17,196 square feet of mixed office and retail space; 2.0‑acre property with Campbell Avenue frontage and a pole sign; 10 suites: 9 leased and 1 available for an owner‑user
