1927 National Ave Springfield, MO 65804-2219
- Retail space
- 1.22 lot acres
Current Use by Public Records
- Megan Portis Agency LLC American Family Insurance / Insurance Agency
- Michael Thomas Fitness / Gym
- Ozone Roofing, Inc. - Springfield Branch / Roofing Contractor
- Code Scientists / Corporate Office
- VR Business Brokers / Business Development Service / Marketing Consultant
Property Details for 1927 National Ave
- Year built
- 1986
- Lot size
- 1.22 lot acres
- Zone code
- INC
- Property type
- Retail space
- APN
- 1336116030
- APU
- 1336116030
Description
This ±6,345 square foot Class B office building, located at 1927 S National, offers ±1,000 square feet of immediately available office space for lease. The property sits on a 1.22-acre lot and is zoned for General Retail use, presenting versatile options for potential tenants. The building features a multi-tenant occupancy structure, providing a collaborative environment. Suite B is conveniently situated across from Mercy Hospital, offering excellent visibility and accessibility. Nearby amenities include popular retailers such as Einstein Bagels and Walgreens, enhancing the convenience for employees and clients. Tenants are responsible for utilities including electricity, gas, and trash removal. Water and sewer services are covered by the landlord. Responsibility for interior repairs, including HVAC maintenance, rests with the tenant. The landlord is responsible for maintaining the structural integrity of the building and the roof. The property's APN is 1336116030. This prime location and flexible lease terms make this an exceptional opportunity for businesses seeking a well-situated office space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $470,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $585,000
- 6.5%
- $570,000
- 7%
- $545,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $585,000
- Geo Method
- $595,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $465,000
- Retail
- $500,000
- Mixed-Use
- $455,000
- Hospitality
- $510,000
- Educational
- $490,000
- Residential Income
- $565,000
- Energy
- $450,000
- Income-Based Land
- $470,000
- Food Service
- $520,000
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Greene
- State
- Missouri
- Longitude
- -93.2776
- Latitude
- 37.1793
- CBSA code
- 44180
- CBSA name
- SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA
