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    OFF-MARKET
    Neighborhood centers

    550 West Byp, Springfield, MO 65802

    3,000 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional Springfield, Missouri property, located at 550 N West Bypass, offers 3,000 square feet of versatile commercial space within a 2.43-acre lot. Zoned for Highway Commercial use in Greene County's Springfield submarket (zip code 65802), this multi-tenant building presents two immediately available suites. Suite 510, a 1,500 square foot executive office space, features a reception area and private offices, previously occupied by an insurance company. It is available for lease at $12.00 per square foot, plus NNN charges. Suite 520, also 1,500 square feet, offers a mostly open layout, ideal for a variety of uses. Previously a sandwich shop, this space includes a drive-thru and grease trap, and is available for lease at $14.00 per square foot, plus NNN charges. The minimum divisible space is 1,500 square feet, with a maximum contiguous space also at 1,500 square feet. This property presents a unique opportunity for businesses seeking high-visibility locations in a thriving Springfield commercial corridor. The property's convenient location and flexible space options make it an attractive investment for both established businesses and startups. Serious inquiries are encouraged to explore this exceptional opportunity further.

    Property profile
    Verified
    Property type Neighborhood centers
    Total area 3,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Commerce Bank ATM Atm
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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