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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Retail space
3623 Sunshine St Springfield, MO 65809-2821
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US48-0728979
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1994
Total area
4,375 SF
Lot
1.21 ac (52,925 SF)
Zoning code
INC
APN
88-12-27-310-111
UPID
US48-0728979
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
-
Western Union Bank Credit Union
-
Kum & Go Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$505k
CAP Approach
CAP
$500k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$505k
Owner & transaction history
Overland Properties LLC · 7 yrs held
Overland Properties LLC
since 2019
7 recorded transactions
Zoning & alternative use
INC · Springfield, MO
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
$505,000
CAP Approach
CAP Return
Estimation
6%
$545,000
6.5%
$500,000
7%
$465,000
Alternative Use
Use
Estimation
RETAIL STORES
$530,000
Current use
OFFICE BUILDING
$435,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$115 / 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
$31,683
Tax year 2023
Assessed value
$497,020
Assessed 2023
Previous assessed
$497,020
+0.0% YoY
Effective rate
6.37%
On assessed value
Assessed land
$144,190
Assessed improvement
$352,830
Land market value
$450,600
Improvement market value
$1,102,600
Total market value
$1,553,200
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
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1994
Heating
NONE
Total area
4,375 SF
Lot
1.21 ac (52,925 SF)
Zoning code
INC
APN
88-12-27-310-111
UPID
US48-0728979
Jurisdiction
GREENE
Zoning & alternative use
INC · Springfield, MOZoning INC · permitted uses
INC · Springfield, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
land development code
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$530,000
OFFICE BUILDING
Est. value
$435,000
RETAIL STORES Current
OFFICE BUILDING
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
1994
Heating
NONE
Lot
1.21 ac
Current owner
From public records · entity-resolved
Overland Properties LLC
Entity
Mailing address
2733 E BATTLEFIELD RD, SPRINGFIELD, MO 65804-3981
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2021
—
3623 East Sunsine LLC
—
Deed
related
$3,979,860 · Springfield First Community Bank
Jan 22, 2019
—
3623 East Sunshine LLC
—
Deed
related
$3,080,000 · Arvest Mtg
Jan 14, 2019
—
Overland Properties LLC
Georgetown Square Il Ltd
Trustees Deed
$3,037,500 · Landmark Bk
May 15, 2018
—
Overland Properties LLC
Mvg Rev Trust II
Quit Claim Deed
related
—
Mar 8, 2018
—
Investment Mvg Trust
Properties Of Springfield LLC
Quit Claim Deed
related
—
Feb 28, 2018
—
Kum & Go Lc
City Of Springfield
Quit Claim Deed
related
—
Sep 22, 2004
—
Gardner Props Of Springfield LLC
—
Grant Deed
related
$1,125,000 · Metropolitan National Bank
—
—
3623 East Sunshine LLC
—
Deed Of Trust
related
$3,080,000 · Arvest Mtg
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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