Property profile

1927 S National Ave Springfield, MO 65804

FOR LEASE
Retail space
Property ID
US48-2824643
1.22 ac lot Built 1986
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1986
Lot 1.22 ac (53,274 SF)
Zoning code INC
APN 1336116030
UPID US48-2824643

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
  • Insurance Agency
  • Gym & Fitness Center
  • Roofing Company General Contractor
  • Corporate Office
  • Business Service Center

Location

1927 S National Ave Springfield, MO 65804
Springfield metro Census 1200 SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$470k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$470k

Owner & transaction history

since 2018
2 recorded transactions
2018
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
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?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message