Technical
Financial
Distress signals
Property profile

2305 Blackman Rd 1 Springfield, MO 65809

OFF-MARKET
Office Spaces
Property ID
US48-1154299
0.17 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

Prime 5.92-acre commercial land parcel in Springfield, Missouri's premier Terragreen Office Park is available for $500,000. This exceptional Class A site, zoned PD 313, offers a unique opportunity to develop up to a 10,000 square foot building. The property boasts a sustainable design, incorporating features like reflective roofing, minimized impervious areas, and efficient landscaping to reduce irrigation needs. Utilities, roads, and off-site detention are already in place, simplifying the development process. The park prioritizes pedestrian and bicycle accessibility with existing sidewalks, trails, and bike racks, including a connection to the Dan Kinney Family Center. An active owner's association manages landscaping, trash removal, snow and ice control, insurance, and repairs, with an estimated annual fee of $1.10 per square foot. High-speed fiber internet access is readily available through SpringNet and AT&T. Permitted uses under the PD 313 zoning are diverse and include offices (administrative, medical, dental, etc.), community centers, schools, and various other commercial and professional uses. This development presents a rare chance to build within a thriving, environmentally conscious office park in a desirable Springfield location. APN: 1234301035. Address: 2305 S Blackman Rd, Springfield, MO 65809.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Lot 0.17 ac (7,231 SF)
APN 88-12-34-301-044
UPID US48-1154299

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
  • Dental Office
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Dental Office
  • Logistics Company Freight Service
  • Accounting Firm Tax Preparation

Location

2305 Blackman Rd, Unit 1 Springfield, MO 65809-2845
Springfield metro Census 3802 SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$410k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$410k

Owner & transaction history

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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