Property summary
Welcome to 1201 E Walnut, an office building located in the Walnut Street Historic District. Originally built in 1911 by attorney James Nixon, this converted space retains its original character while providing functional office and meeting spaces. Situated on the corner of Walnut and National with nearly half an acre, this two story building offers a brick exterior with limestone accents, a large parking lot with 16-20 spaces, and sees a daily traffic count of over 20,000 cars. Inside, there are 9 office spaces and an open area workspace on the top floor, 3 full bathrooms, a conference room, waiting/living room, and a kitchen. There is a detached two car garage for extra storage. Located near restaurants, retail, Missouri State University, and Downtown Springfield.
Property profile
VerifiedCap rate & NOI
Current use
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Financial Advisor
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Insurance Agency
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General Contractor
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Springfield market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning