NW Springfield Shops For
701 N Canton Ave Springfield, MO
For Sale
Contact for pricing
2,800 SF shops with lift and paint booth.
Property Size2,800 SF
Lot Size0.58 Acres
Price / SF$80.36
Days on Market245
Property Features for 701 N Canton Ave
General Information
Standard status
Active
Size
2,800 SF
Lot size
0.58 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Moreno Group Commercial Realty
(417) 351-3131
Listed By:
Tyler Ray · License ##2018016609
(417) 351-3131
Source:
Moodyscre
Added: Nov 25, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:30AM
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 Moreno Group Commercial Realty
Investment Insights
Based on property information with market context.
Located in Northwest Springfield, Missouri, this property features approximately 2,800 square feet of shop space. The site includes two 30' x 40' shops, one of which contains a 2-post floor lift and an operational paint booth. Additional features include a small secured fenced storage yard, living quarters, a full restroom with shower, washer and dryer hookups, and a kitchenette. The property is situated off West Chestnut Expressway, offering convenient access to Interstate-44. Nearby businesses include Ozark Mountain Steel, Eagle Tire Company, Plaza Mexico, Casey's General Store, Dollar General, Pilot Flying J, and Shell.
Key Highlights
- Two 30' x 40' shops, including a 2‑post floor lift and operational paint booth.
- Convenient location off W Chestnut Expressway with close Interstate‑44 access.
- Living quarters with full restroom/shower, washer/dryer hookup, and kitchenette.
Financial Insights For Industrial
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 | $13.1k | $4.68 |
| − Vacancy | −$275 | −$0.10 |
| EGI | $12.8k | $4.58 |
| − OpEx | −$3.8k | −$1.37 |
| NOI | $9.0k | $3.21 |
2,800 SF · lease $4.68/SF/yr · vacancy 2.10% · expense 30.00%
Alternative Uses
Best Use
Retail
$297.7K
$260.5K – $347.3K
NOI $20,838 @ 7.0% cap · market cap 9.26%
Second Best
Industrial
$128.3K
$112.3K – $149.7K
NOI $8,980 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$422.6K
$369.8K – $493.1K
NOI $29,583 @ 7.0% cap · market cap 13.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - 2,800 SF shops with lift and paint booth.
Where is this flex space located?
The property is located at 701 N Canton Ave Springfield, MO.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two 30' x 40' shops, including a 2‑post floor lift and operational paint booth.; Convenient location off W Chestnut Expressway with close Interstate‑44 access.; Living quarters with full restroom/shower, washer/dryer hookup, and kitchenette.
