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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    318 Park Central E, Springfield, MO 65806-2240

    12,977 SF 0.08 ac lot Built 1889
    Entity Owned 18-yr Hold Free & Clear
    Property ID
    US48-0935639
    Property summary
    AI-generated overview

    This exceptional 1,745 square foot retail/office space is ideally situated in the vibrant Downtown Springfield, MO submarket at 318 Park Central East, Suite 106. Located in a historic building constructed in 1914, this space benefits from a high-traffic location, just east of the city square and conveniently close to Missouri State University. The suite is part of a larger building totaling 54,590 square feet, offering a strong sense of community and potential for synergy with other businesses. The property's Center City zoning allows for a variety of uses, making it a versatile option for a range of businesses. The address is 318 Park Central East, Springfield, MO 65806, within the Downtown Springfield submarket, and features a multiple tenancy structure. This space presents a unique opportunity to establish a presence in a thriving urban core, benefiting from high pedestrian traffic and proximity to key amenities and educational institutions. The property's APN is 881324233003. This is a rare opportunity to lease a well-positioned space in a desirable downtown location. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1889
    Total area 12,977 SF
    Lot 0.08 ac (3,398 SF)
    Zoning code INC
    APN 88-13-24-212-004
    UPID US48-0935639
    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
    • Traveling Chef, LLC Wedding Service
    • The Royal Banquet & Event Center Wedding Service
    • Park East Apartment Building Apartment Rental Agency
    • The U Student Housing Center Apartment Building
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Murray Loft Apartments LLC · 18 yrs held
    Murray Loft Apartments LLC
    since 2007
    3 recorded transactions
    2017
    2007
    1969
    Zoning & alternative use
    INC · Springfield, MO
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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