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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Flex space
2861 Meadowbrook Ave Springfield, MO 65807-5926
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US48-3202815
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1996
Total area
15,762 SF
Lot
1.24 ac (53,797 SF)
Zoning code
INC
APN
88-18-03-101-110
UPID
US48-3202815
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
-
Opfer Communications Inc Film Production Television Studio
-
Amazing Inventions Marketing Consultant Research And Product Development
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$475k
CAP Approach
CAP
$780k
Comparable Approach
Comparable
$681k
Blend (final)
Blend
$730k
Owner & transaction history
Big O Investments LLC · 15 yrs held
Big O Investments LLC
since 2011
6 recorded transactions
Zoning & alternative use
INC · Springfield, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+185.2%
Medical building
$1.1M
+177.0%
Neighborhood: shopping center
$690,000
+71.0%
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
$475,000
CAP Approach
CAP Return
Estimation
6%
$845,000
6.5%
$780,000
7%
$720,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,150,000
Change: +185% · Conversion: Easy
MEDICAL BUILDING
$1,115,000
Change: +177% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$690,000
Change: +71% · Conversion: Difficult
Blend value · Realmo final
$730k
Range $657k – $803k · ±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
$46 / 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
$31,591
Tax year 2023
Assessed value
$495,580
Assessed 2023
Previous assessed
$495,580
+0.0% YoY
Effective rate
6.37%
On assessed value
Assessed land
$124,320
Assessed improvement
$371,260
Land market value
$388,500
Improvement market value
$1,160,200
Total market value
$1,548,700
Applied tax rate
105.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1996
Heating
NONE
Total area
15,762 SF
Lot
1.24 ac (53,797 SF)
Zoning code
INC
APN
88-18-03-101-110
UPID
US48-3202815
Jurisdiction
GREENE
Zoning & alternative use
INC · Springfield, MO
Zoning INC · permitted uses
INC · 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
AUTO REPAIR, GARAGE
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$690,000
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1996
Heating
NONE
Lot
1.24 ac
Current owner
From public records · entity-resolved
Big O Investments LLC
Entity
Mailing address
4462 E FARM LN RD, SPRINGFIELD, MO 65809-3805
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2011
—
Big O Investments LLC
Postma Dale G Trust
Warranty Deed
$488,750 · Liberty Bank
May 6, 2010
—
Postma Dale G Trust
Postma,dale G & Doris E
Quit Claim Deed
related
—
—
—
Big O Investments LLC
—
Deed Of Trust
related
$570,000 · Liberty Bank
—
—
Big O Investments LLC
—
Deed Of Trust
related
$712,500 · Liberty Bank
—
—
Big O Investments LLC
—
Deed Of Trust
related
$588,000 · Rural Missouri INC
—
—
Big O Investments LLC
—
Deed Of Trust
related
$244,280 · Liberty Bk
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.
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