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Property profile & analytics

1812 S Franklin Ave Springfield, MO 65807

  • Retail space
  • 1,008 SF
  • 0.09 lot acres
Value Estimations
Cap Rate Potential
2.1%
Retail space
Location Intelligence
Property ID
US48-3302598
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Elevate / Spa And Health Club

Property Details for 1812 S Franklin Ave

Year built
1977
Lot size
0.09 lot acres
Property size
1,008 SF
Zone code
INC
Property type
Retail space
APN
88-13-35-204-004
APU
881335204004

Description

This exceptional 1,008-square-foot commercial property, located at 1812 South Franklin Avenue in Springfield, Missouri, presents a compelling investment opportunity. Priced at $230,000 ($228.17/sq ft), this single-unit building boasts a 100% occupancy rate, ensuring immediate return on investment. Built in 1977, the one-story structure features a versatile layout suitable for various office uses, including medical and traditional office settings. The interior includes a welcoming lobby, two private offices, a restroom, and a practical kitchenette/laundry area. A recently installed air conditioning unit ensures year-round comfort. Ample parking is available both in front and behind the building, providing convenient access for clients and staff. Its prime location in Springfield, Missouri, within Greene County (zip code 65807), offers easy access to downtown amenities and excellent visibility. This property is ideal for businesses seeking a well-maintained, functional space in a thriving location. The building's single-tenant occupancy simplifies management and maximizes rental income potential. Don't miss this chance to acquire a profitable commercial asset in a desirable Springfield neighborhood. Contact us today to schedule a viewing.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $355,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Springfield
County
Greene
State
Missouri
Longitude
-93.3064
Latitude
37.1819
CBSA code
44180
CBSA name
SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,440
$10,590
$27,680
$38,270
-
$33,100
$86,500
$119,600
More about this property
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