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Property profile & analytics

1500 Sunshine St Springfield, MO 65804

  • Office buildings
  • 10,800 SF
  • 1.23 lot acres
Value Estimation
$500,000
Location Intelligence
Property ID
US48-3173143
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Asian Hut / Asian Restaurant
  • Community, A Walgreens Pharmacy / Pharmacy
  • Community Rx / Pharmacy
  • Sunshine Lanes / Bowling Alley
  • Divine Nail Lounge and Spa / Nail Salon

Property Details for 1500 Sunshine St

Year built
2016
Lot size
1.23 lot acres
Property size
10,800 SF
Zone code
INC
Property type
Office buildings
APN
88-12-31-103-012
APU
881231103012

Description

This 1,560 square foot retail space, located in Greene County, is perfect for a single-tenant service business. The property boasts an open floor plan, ideal for flexible layouts and efficient use of space. High traffic counts ensure excellent visibility and potential customer reach. Pylon signage is available, providing prominent branding opportunities for your business. The space benefits from a stable tenant history, indicating a desirable and reliable location. Financial considerations include a pro rata share of building insurance, real estate taxes, and common area maintenance (CAM) charges of $4.00 per square foot. Importantly, water, sewer, and trash services are included in the lease, simplifying operational costs. This turnkey solution offers a fantastic opportunity to establish or expand your service-based retail business in a high-traffic area with excellent visibility and a proven track record. The open floor plan allows for customization to suit your specific business needs, maximizing efficiency and creating a welcoming environment for your customers. The inclusion of utilities further enhances the value proposition, minimizing unexpected expenses and allowing for better budget planning. This property presents a compelling opportunity for a service-oriented retail business seeking a well-located, functional, and cost-effective space.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $445,000
  • CAP approach

    CAP return
    Estimation
    6%
    $625,000
    6.5%
    $615,000
    7%
    $665,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $550,000
    Geo Method
    $610,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $600,000
    Retail
    $710,000
    Mixed-Use
    $690,000
    Hospitality
    $535,000
    Educational
    $635,000
    Residential Income
    $715,000
    Energy
    $675,000
    Income-Based Land
    $580,000
    Food Service
    $705,000

Location Insight

  • Map
  • Local Demand
City
Springfield
County
Greene
State
Missouri
Longitude
-93.2688
Latitude
37.1814
CBSA code
44180
CBSA name
SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$21,167
$125,660
$206,400
$332,060
-
$392,700
$645,000
$1,037,700
More about this property
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