Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Office buildings
1848 Country Hl Ln Springfield, MO 65809-8700
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US48-0614164
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Total area
6,457 SF
Lot
3 ac (130,680 SF)
Zoning code
O-1
APN
88-12-35-200-003
UPID
US48-0614164
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
Current use
Occupant on record · Public records
-
Lindsey, Nicole D Law Firm
-
Palm Medical - Life Care Plans Law Firm
-
Detail Lawn and Landscape Landscaping
-
Southwest MO Roofing Roofing Company General Contractor
-
Grace Huckfeldt - Paintings and Ceramics Artist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$567k
Blend (final)
Blend
$585k
Owner & transaction history
Rj Exchange LLC · 3 yrs held
Rj Exchange LLC
since 2023
7 recorded transactions
Zoning & alternative use
O-1 · Springfield, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$780,000
+21.9%
Restaurant
$705,000
+9.9%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$640,000
Current use
RETAIL STORES
$780,000
Change: +22% · Conversion: Moderate
RESTAURANT
$705,000
Change: +10% · Conversion: Moderate
COMMERCIAL (GENERAL)
$595,000
Change: -7% · Conversion: Easy
MEDICAL BUILDING
$520,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$585k
Range $527k – $644k · ±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
$91 / 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
$12,186
Tax year 2023
Assessed value
$192,580
Assessed 2023
Previous assessed
$192,580
+0.0% YoY
Effective rate
6.33%
On assessed value
Assessed land
$13,570
Assessed improvement
$179,010
Land market value
$42,400
Improvement market value
$559,400
Total market value
$601,800
Applied tax rate
110.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Off-Market
Year built
2006
Heating
NONE
Total area
6,457 SF
Lot
3 ac (130,680 SF)
Zoning code
O-1
APN
88-12-35-200-003
UPID
US48-0614164
Jurisdiction
GREENE
Zoning & alternative use
O-1 · Springfield, MO
Zoning O-1 · permitted uses
O-1 · 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
OFFICE BUILDING Current
Est. value
$640,000
RETAIL STORES
Est. value
$780,000
RESTAURANT
Est. value
$705,000
COMMERCIAL (GENERAL)
Est. value
$595,000
MEDICAL BUILDING
Est. value
$520,000
OFFICE BUILDING Current
RETAIL STORES
RESTAURANT
COMMERCIAL (GENERAL)
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
2006
Heating
NONE
Lot
3 ac
Current owner
From public records · entity-resolved
Rj Exchange LLC
Entity
Mailing address
1848 S COUNTRY HL LN, SPRINGFIELD, MO 65809-8700
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2024
—
Rustic Country Hill Lane LLC
—
Deed
related
$1,487,500 · First Midwest Bank Of Dexter
Jul 19, 2023
—
Rj Exchange LLC
Bcv 1 LLC
Warranty Deed
$1,802,094 · Oakstar Bank NA
Jul 2, 2021
—
Rj Country Hill Lane LLC
—
Deed
related
$100,000 · Oakstar Bank NA
Oct 4, 2010
—
Dph LLC
Bank Of America NA
Grant Deed
$385,000 · Empire Bank
—
—
Dph LLC
—
Deed Of Trust
related
$469,541 · Empire Bank
—
—
J Hopkins & Associates INC
—
Deed Of Trust
related
$64,500 · Empire Bank
—
—
Dph LLC
—
Deed Of Trust
related
$600,000 · Guaranty Bk
—
—
J Hopkins & Assocs Of Springfield
—
Deed Of Trust
related
$800,000 · Bank Of America
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?”
You own 1848 Country Hl Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
