Property profile

1920 N National Ave Springfield, MO 65803

FOR SALE
Warehouses
Property ID
US48-0891063
6,120 SF 0.21 ac lot Built 1910
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 5,032 square foot industrial property, located at 1920 N National Avenue in Springfield, Missouri, presents a unique opportunity for a variety of businesses. Situated on a 0.21-acre corner lot just north of Commercial Street, this property boasts a versatile layout ideal for companies needing both office and warehouse space. The office area encompasses 1,850 square feet, featuring four private offices, a welcoming reception area, two bathrooms, a convenient breakroom, and a shared common area/meeting room, perfect for collaborative work or client meetings. The expansive warehouse section offers 3,182 square feet of functional space, complete with a private bathroom, a practical rinse station, a high clear-span ceiling for maximum storage and maneuverability, and a 10-foot overhead door for easy loading and unloading of materials and equipment. The property's location and features make it particularly well-suited for businesses such as flooring companies, HVAC contractors, pest control services, and other similar operations. The asking price for this prime industrial space is $10 million. This is a rare opportunity to secure a well-appointed and strategically located property in a thriving Springfield commercial area. Don't miss out on this chance to establish your business in this ideal setting.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1910
Total area 6,120 SF
Lot 0.21 ac (9,322 SF)
Zoning code INC
APN 88-12-07-208-005
UPID US48-0891063

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
  • Factory Industrial Manufacturer

Location

1920 N National Ave Springfield, MO 65803
Springfield metro Census 5500 SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2024
1 recorded transaction
2024
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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