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Multi-Tenant Office and Retail Property

5601 S Campbell Avenue Springfield, MO 65810

New
5601 S Campbell Avenue, Springfield, MO, 65810
$2,550,000
For Sale
$2,550,000

SINGLE_FAMILY - Springfield, MO

Property Size17,200 SF
Lot Size7.34 Acres
Price / SF$148.26
Days on Market2

Property Features for 5601 S Campbell Avenue

General Information

Property type
Residential
Property subtype
Office
Zoning
PAD
Bathrooms
10
Rooms
Bathroom 6, Bathroom 3, Bathroom 10, Bathroom 7, Bathroom 1, Bathroom 2, Bathroom 9, Bathroom 5, Bathroom 4, Bathroom 8
Parking features
Garage - Attached, Parking Lot
Standard status
Active
APN
1823400469
Lot size
7.34 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
4.72A M/L BEG 1257.11 FT N & 38.65 FT W SE COR W 1307 FT N 144.56 FT E 1307 FT S TO BEG 23/28/22 & 2.62A M/L Beg 1039.17 Ft N 941.03 Ft W Se Cor Se1/4 W 328.02 Ft N 196.45 Ft E 597.8 Ft S 181.82 Ft W 282.8 Ft S 25 Ft To Beg 23/28/22
Tax Annual Amount
18212

Utilities

Utilities
Water Available

Building Details

Year built
1979
Roof type
Flat
Listing agency Keller Williams Local
Listed by Adam Graddy · License #2004014961
Added: Jul 20 Updated: Jul 21 at 10:35AM Checked: Jul 21 at 1:06PM
MLS# 60329286

Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This multi-tenant office and retail property offers nearly 17,200 square feet with 9 leased suites and 1 available for an owner-user. The site includes pole sign frontage, three garage stalls, and expansive asphalt parking designed for both tenants and customers. Recent capital improvements include a new roof installed in 2021 and two new HVAC systems added in 2023.

The property is located on S Campbell Avenue in Springfield, Missouri, with prominent Campbell Avenue frontage and PAD zoning.

Approximately 5 acres of land behind the building include preliminary plats for self-storage or contractor garage development, creating room for future expansion alongside the existing income-producing suites.

Key Highlights

  • 7.34‑acre multi‑tenant office and retail property with nearly 17,200 SF and 9 leased suites plus 1 available for owner‑user
  • Prominent South Campbell Avenue frontage with pole sign and extensive asphalt parking lot with ample spaces
  • New roof installed in 2021; two new HVAC systems added in 2023

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $189.9k $11.04
− Vacancy −$8.2k −$0.47
EGI $181.7k $10.57
− OpEx −$45.4k −$2.64
NOI $136.3k $7.92
17,200 SF · lease $11.04/SF/yr · vacancy 4.30% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.95M
$1.70M – $2.27M (±1% cap)
NOI $136,292 @ 7.0% cap · market cap 5.34%
Second Best
Retail
$1.83M
$1.60M – $2.13M (±1% cap)
NOI $128,004 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$2.60M
$2.27M – $3.03M (±1% cap)
NOI $181,723 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

R & L Construction Construction Company March of Dimes Charitable Organization Giltner Logistics Logistics Company LeClare Powersports Auto Parts Store Light The Way Tattoo Tattoo & Piercing Shop

Suggested Use

Restaurant Real Estate Agency Law Firm Dental Office Big Box & Wholesale Store Building Supply Hair Salon Auto Repair Shop Pharmacy Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Multi-tenant office and retail building with prominent frontage, a pole sign, and recent roof and HVAC upgrades.
Where is this office units located?
The property is located at 5601 S Campbell Avenue Springfield, MO.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: 7.34‑acre multi‑tenant office and retail property with nearly 17,200 SF and 9 leased suites plus 1 available for owner‑user; Prominent South Campbell Avenue frontage with pole sign and extensive asphalt parking lot with ample spaces; New roof installed in 2021; two new HVAC systems added in 2023
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