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Property profile & analytics
FOR LEASE
Office buildings
1323 E Montclair St Springfield, MO 65804
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US48-3164277
For Lease
1 / 9
$13 SF/Yr
1323 E Montclair St, Springfield, MO 65804
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1978
Total area
3,500 SF
Lot
0.36 ac (15,769 SF)
Zoning code
INC
APN
88-19-06-301-026
UPID
US48-3164277
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
1323 Partners LLC · 3 yrs held
1323 Partners LLC
since 2023
6 recorded transactions
Zoning & alternative use
INC · Springfield, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,359
Tax year 2023
Assessed value
$131,130
Assessed 2023
Previous assessed
$131,130
+0.0% YoY
Effective rate
6.37%
On assessed value
Assessed land
$42,940
Assessed improvement
$88,190
Land market value
$134,200
Improvement market value
$275,600
Total market value
$409,800
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1978
Heating
NONE
Total area
3,500 SF
Lot
0.36 ac (15,769 SF)
Zoning code
INC
APN
88-19-06-301-026
UPID
US48-3164277
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.
Building & site characteristics
From public records
Year built
1978
Heating
NONE
Lot
0.36 ac
Current owner
From public records · entity-resolved
1323 Partners LLC
Entity
Mailing address
1323 E MONTCLAIR ST, SPRINGFIELD, MO 65804-4244
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2023
—
1323 Partners LLC
Hbe Properties 4 LLC
Warranty Deed
$300,000 · Oakstar Bank NA
Jul 1, 2019
—
Hbe Properties 4 LLC
—
Deed
related
$356,000 · Us Bk
Nov 2, 2018
—
Hbe Properties 4 LLC
Hbe Properties LLC
Quit Claim Deed
related
—
Dec 8, 2008
—
Fredricks LLC
Richardson,craig & Susan
Warranty Deed
related
—
Feb 4, 2008
—
Mary Plumlee
Christianson C S Trust
Grant Deed
$225,000 · Guaranty Bank
—
—
Hbe Properties 4 LLC
—
Deed Of Trust
related
$356,000 · Us Bk
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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