Property profile

1015 Republic Rd Springfield, MO 65807

OFF-MARKET
Office buildings
Property ID
US48-0712948
1,268 SF 0.41 ac lot Built 1956
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,268 square foot office building at 1015 East Republic Road in Springfield, Missouri presents a rare investment opportunity. Built in 1956, this single-story, traditional office building sits on a 0.41-acre lot and boasts 100% occupancy. The property is zoned INC and offers ample parking with 15 spaces available. The building's prime location ensures high visibility and accessibility, making it an ideal investment for a variety of businesses. The single-tenant occupancy provides a stable income stream, and the property's solid construction and established location contribute to its long-term value. This is a chance to acquire a well-maintained, fully occupied commercial property in a highly desirable area of Springfield, Greene County. The asking price is $489,500. The property's address is 1015 E Republic Rd, Springfield, MO 65807. This is a unique opportunity to own a piece of prime Springfield commercial real estate. The property's single-story design and ample parking make it highly functional and attractive to tenants. Don't miss this chance to secure a valuable asset in a thriving market.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1956
Total area 1,268 SF
Lot 0.41 ac (18,034 SF)
Zoning code INC
APN 88-18-12-402-002
UPID US48-0712948

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

1015 Republic Rd Springfield, MO 65807-6007
Springfield metro Census 4004 SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2018
7 recorded transactions
2025
Price N/A
2018
Price N/A
2017
Price N/A
2017
Price N/A
2016
Price N/A
2016
Price N/A
1969
Price N/A

Zoning & alternative use

INC · Springfield, MO

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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