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    614 National Ave Springfield, MO 65802

    Sponsored
    For Lease
    $10 SF/Yr ($3,500 /Mo)

    Highway Commercial space, ideal for retail or industrial use.

    Lot size:
    4,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail space, located at 614 N National Ave, Springfield, MO 65802, offers up to 2,800 contiguous square feet in a multi-tenant building totaling 4,200 square feet. Currently, 2,800 square feet are available, divisible into two 1,400 square foot suites. One suite includes a convenient 12-foot overhead door, perfect for businesses requiring loading or storage capabilities. The property boasts a Highway Commercial zoning designation, making it suitable for a variety of retail and industrial uses. The building is situated in a prime location just south of the intersection of National and Chestnut Expressway in Northeast Springfield, providing excellent visibility and accessibility. This vibrant area is home to numerous businesses, educational institutions (including Ozark Technical Community College, Drury University, and Missouri State University), and recreational facilities (such as Hammons Field and Jordan Valley Ice Park). The lease rate is $10 per square foot per year, NNN. This presents a fantastic opportunity for businesses seeking a well-located, versatile space in a thriving Springfield neighborhood. The property is easily accessible from major roadways, ensuring convenient access for both employees and customers. The available space is ready for immediate occupancy.

    Property Features for 614 National Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,200 SF
    Total Rate
    3500

    Unit(s) available at that property

    Space
    Suite 614
    Size
    1,400 SF
    Rate per SF
    $10
    Space
    Suite 612
    Size
    1,400 SF
    Rate per SF
    $10

    HighLights

    • Lease Rate: $10.00/SF/year, NNN.
    • Available Space: Up to 2,800 SF, divisible into two 1,400 SF suites.
    • Suite Availability: Suites 612 and 614.
    • Suite Size: 1,400 SF each.
    • Location: Northeast Springfield, MO.
    • Zoning: Highway Commercial.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mr. Nice Guy Tobacco Shop

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.275692883588
    Latitude
    37.213607737433

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    FAQs

    What type of property is this?
    Retail property - Highway Commercial space, ideal for retail or industrial use.
    Where is this retail property located?
    The property is located at 614 National Ave Springfield, MO.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Lease Rate: $10.00/SF/year, NNN.; Available Space: Up to 2,800 SF, divisible into two 1,400 SF suites.; Suite Availability: Suites 612 and 614.
    Request Owner's contact information
    614 National Ave Springfield, MO 65802
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    Springfield, MO 65802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    614 National Ave Springfield, MO 65802
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