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    1720 Primrose St Springfield, MO 65804

    For Lease
    $12 SF/Yr

    84,838 SF Single-Tenant Office Space

    Lot size:
    84,838 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 84,838-square-foot single-tenant office building presents a unique investment opportunity in Springfield, Missouri. Located at 1720 E Primrose St, 65804, this Class B property boasts a substantial 12.9 acres of land and offers ample parking with 728 spaces. Constructed in 1997, the single-story building is currently entirely vacant, providing a blank canvas for a new tenant or a comprehensive renovation project. The property's previous use as a call center, with a capacity for over 700 seats, highlights its suitability for large-scale office operations. Its convenient location in southeast Springfield offers easy access to a variety of amenities, including numerous restaurants, shopping centers, and medical facilities. The building features no elevators. Property taxes are $2.06 per square foot. This substantial property offers significant potential for a discerning investor or business seeking a large, well-situated office space. The expansive footprint and ample parking make it ideal for a variety of uses. The property's strategic location ensures high visibility and accessibility for employees and clients alike. This is a rare opportunity to acquire a significant office building in a thriving area of Springfield.

    Property Features for 1720 Primrose St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    84,838 SF
    Class
    B
    Total Rate
    90140.38

    Building Details

    Year Built
    1997
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    84,838 SF
    Rate per SF
    $12

    HighLights

    • Large open floor plan with ample space.
    • Generous break room featuring an outdoor patio.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    TTEC Springfield Bpo Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply 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
    -93.264048458162
    Latitude
    37.147445876036

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    FAQs

    What type of property is this?
    Office Property / Space - 84,838 SF Single-Tenant Office Space
    Where is this office property / space located?
    The property is located at 1720 Primrose St Springfield, MO.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Large open floor plan with ample space.; Generous break room featuring an outdoor patio.;
    Request Owner's contact information
    1720 Primrose St Springfield, MO 65804
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    Springfield, MO 65804
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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
    1720 Primrose St Springfield, MO 65804
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