2900 S National Ave Springfield, MO 65804
- Medical offices
- 30,876 SF
- 2.78 lot acres
Current Use by Public Records
- CoxHealth Advanced Pain Therapy Services / Medical Center
- Springfield Vascular Institute / Surgical Center / Vascular Surgeon
- Pendergrass Stephanie E MD / Family Practice Physician
- Chavez Eric M / Medical Clinic
- PA Brown Mark / Doctor
Property Details for 2900 S National Ave
- Year built
- 1990
- Lot size
- 2.78 lot acres
- Property size
- 30,876 SF
- Zone code
- INC
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 88-19-06-208-020
- APU
- 881906208020
Description
This exceptional single-tenant office building, known as Pinecrest Center, offers 78,517 square feet of prime commercial space. The property consists of one building situated on a parcel identified by APN 20-50-10-013-0460 and zoned 6400. Ideal for a single occupant, this property boasts a range of attractive features designed for optimal productivity and comfort. High ceilings and bright, well-lit hallways create a welcoming and spacious atmosphere. The building is meticulously maintained by a responsive property management team, ensuring a seamless and efficient operational experience. A significant advantage is the inclusion of high-speed Comcast 1G internet service, eliminating the need for separate internet provision and ensuring reliable connectivity. This turnkey solution presents a rare opportunity to acquire a substantial, well-maintained office space with all the essential amenities in place. The property's single-tenant occupancy simplifies management and provides a stable investment opportunity. Interested parties are encouraged to inquire for further details and scheduling a viewing. The property is ready for immediate occupancy. This is a unique opportunity to secure a substantial and well-equipped office space in a desirable location.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,080,000
- 6.5%
- $3,765,000
- 7%
- $3,495,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $3,199,000
Market price range: $1.13M - $3.51M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $2,385,000 Current use
- RESTAURANT
- $3,015,000 Change: +26% Conversion: Difficult
- OFFICE BUILDING
- $2,935,000 Change: +23% Conversion: Easy
- RETAIL STORES
- $2,825,000 Change: +19% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Greene
- State
- Missouri
- Longitude
- -93.2767
- Latitude
- 37.1625
- CBSA code
- 44180
- CBSA name
- SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA