Property profile

1801 W Norton Rd Springfield, MO 65803

FOR LEASE
Office buildings
Property ID
US48-0294809
1,742 SF 7.3 ac lot Built 1989
Entity Owned 14-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This four-story, 29,929 square foot office building, located at 1801 West Norton Road in Springfield, Missouri, offers exceptional visibility along Interstate 44 and Kansas Expressway. The property sits on a 7.3-acre lot and provides multiple tenancy options, with available spaces ranging from 340 to 2,000 contiguous square feet. Currently, 6,575 square feet of space is vacant, ideal for businesses seeking executive office suites. The building's strategic location ensures convenient access throughout the region. Individual office suites are available, with some units offering unique pricing. The property is situated in Greene County, Missouri, and boasts a highly visible location, making it an excellent choice for businesses seeking high-profile office space. The building's multiple tenancy structure allows for flexibility in lease terms and space requirements. This is a rare opportunity to secure prime office space in a thriving Springfield location. Contact us today to learn more about available suites and pricing.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1989
Total area 1,742 SF
Lot 7.3 ac (317,988 SF)
Zoning code INC
APN 88-13-03-112-020
UPID US48-0294809

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
  • Alternative Medicine Practice Spa & Massage Center
  • Insurance Agency
  • Insurance Agency
  • Medical Clinic
  • Charitable Organization Social Service Agency

Location

1801 W Norton Rd Springfield, MO 65803
Springfield metro Census 4303 SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$395k

Owner & transaction history

2 recorded transactions
1969
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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