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Property profile & analytics
FOR LEASE
Retail space
1315 East Battlefield Rd Springfield, MO 65804
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US48-0035652
For Lease
1 / 3
$965,000
1315 East Battlefield Rd, Springfield, MO 65804
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1970
Total area
8,755 SF
Lot
0.86 ac (37,679 SF)
Zoning code
INC
APN
88-19-06-209-062
UPID
US48-0035652
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.00M
Comparable Approach
Comparable
$1.34M
Blend (final)
Blend
$965k
Owner & transaction history
Queen Bee Properties LLC · 6 yrs held
Queen Bee Properties LLC
since 2019
7 recorded transactions
Zoning & alternative use
INC · Springfield, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$855,000
+6.7%
Office building
$830,000
+3.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springfield submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,085,000
6.5%
$1,000,000
7%
$930,000
Alternative Use
Use
Estimation
RETAIL STORES
$800,000
Current use
RESTAURANT
$855,000
Change: +7% · Conversion: Easy
OFFICE BUILDING
$830,000
Change: +4% · Conversion: Easy
MEDICAL BUILDING
$675,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$110 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$27,132
Tax year 2023
Assessed value
$425,630
Assessed 2023
Previous assessed
$425,630
+0.0% YoY
Effective rate
6.37%
On assessed value
Assessed land
$161,820
Assessed improvement
$263,810
Land market value
$505,700
Improvement market value
$824,400
Total market value
$1,330,100
Applied tax rate
105.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1970
Heating
NONE
Total area
8,755 SF
Lot
0.86 ac (37,679 SF)
Zoning code
INC
APN
88-19-06-209-062
UPID
US48-0035652
Jurisdiction
GREENE
Zoning & alternative use
INC · Springfield, MO
Zoning INC · permitted uses
INC · Springfield, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Springfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$800,000
RESTAURANT
Est. value
$855,000
OFFICE BUILDING
Est. value
$830,000
MEDICAL BUILDING
Est. value
$675,000
RETAIL STORES Current
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Lot
0.86 ac
Current owner
From public records · entity-resolved
Queen Bee Properties LLC
Entity
Mailing address
41 W HWY 14TH ST #394, SPEARFISH, SD 57783-1148
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2019
—
Queen Bee Properties LLC
Battlefield Center LLC
Warranty Deed
$1,960,000 · Central Bk/the Ozarks
Jun 9, 2014
—
Battlefield Center LLC
—
Trustees Deed
related
$1,875,000 · Great Lakes Cu
Dec 26, 2013
—
Battlefield Center LLC
Bbq West LLC
Quit Claim Deed
related
—
Oct 22, 2012
—
Bbq West LLC
Battlefield Center LLC
Grant Deed
related
—
Jul 20, 2012
—
Battlefield Center LLC
Schmidt,frank E JR & Kelsey K
Warranty Deed
related
—
Dec 28, 2004
—
Frank Schmidt JR.
Schmidt,frank JR & Kelsey K
Quit Claim Deed
related
—
Dec 3, 2004
—
Frank Schmidt JR.
Name Brands INC
Warranty Deed
$925,000 · Us Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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