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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3956 Farm Rd 143 Springfield, MO 65803-8482

    • Flex space
    • 4,000 SF
    • 2.80 lot acres
    OFF-MARKET
    Last Sale
    Jul 10, 2025
    Value Estimations
    $235,000
    Show details
    Cap Rate Potential
    4.7%
    Flex space
    Location Intelligence
    Property ID
    US48-3245420
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Flex space

    Property Details for 3956 Farm Rd 143

    Year built
    1998
    Lot size
    2.80 lot acres
    Property size
    4,000 SF
    Zone code
    C-3
    Property type
    Flex space
    APN
    88-13-03-104-007
    APU
    881303104007

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $270,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $215,000
      6.5%
      $195,000
      7%
      $185,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $390,000
      MEDICAL BUILDING
      $320,000
      AUTO REPAIR, GARAGE
      $285,000
      OFFICE BUILDING
      $225,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.3189
    Latitude
    37.269
    CBSA code
    44180
    CBSA name
    SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,545
    $21,660
    $45,180
    $66,840
    -
    $67,700
    $141,200
    $208,900

    Comparable in this City

    • Value Estimation
      $275,000
      3,000 SF

      1464 Commercial St

      LIGHT INDUSTRIAL • 3,000 SF
      1464 Commercial St, Springfield, MO 65803-3906
      View Details
    • Value Estimation
      $330,000
      7,356 SF

      1821 Broadway Ave

      LIGHT INDUSTRIAL • 7,356 SF
      1821 Broadway Ave, Springfield, MO 65803-1547
      View Details
    • Value Estimation
      $265,000
      4,746 SF

      1530 Atlantic St

      LIGHT INDUSTRIAL • 4,746 SF
      1530 Atlantic St, Springfield, MO 65803-4003
      View Details
    • Value Estimation
      $275,000
      1,300 SF

      3196 Farm Rd 112

      LIGHT INDUSTRIAL • 1,300 SF
      3196 Farm Rd 112, Springfield, MO 65803-7943
      View Details
    • Value Estimation
      $270,000
      13,520 SF

      1867 Florida St

      LIGHT INDUSTRIAL • 13,520 SF
      1867 Florida St, Springfield, MO 65803-4552
      View Details
    • Value Estimation
      $425,000
      26,760 SF

      4123 State Hwy H H

      LIGHT INDUSTRIAL • 26,760 SF
      4123 State Hwy H H, Springfield, MO 65803-8466
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Springfield Industrial Property - 1.6 Acres

      Spacious Shop, Ample Parking, Great Location
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    • $4,975,000
      75,755 SF

      Industrial Warehouse with Excess Land

      Spacious warehouse with office space and fenced outdoor storage.
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    • $799,000
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      Springfield Warehouse Space For Sale

      Two warehouses totaling over 26,000 sqft near downtown Springfield.
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    • $570,000
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      State Road 7 Retail Space

      High-traffic retail space, 12,000 sq ft.
      2220 Alliance Ave, Springfield, MO 65803
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    • $175,000
      1,800 SF

      Shop Building with Roll-Up Doors

      Shop building featuring three roll-up doors in Springfield, Missouri.
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    • Contact for pricing
      2,920 SF

      Versatile Commercial Property on Kearney

      Two buildings, high visibility, ideal for office, retail, or warehouse.
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    Similar Nearby for Lease

    • $8 SF/Yr
      20,000 SF

      Springfield Industrial Space Available

      20,000 SF industrial space for rent in Springfield.
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    • $3,000 /Mo
      56,192 SF

      Springfield Light Industrial Space Available

      Climate-controlled warehouse and office space for lease in Springfield.
      1867 E Florida St, Springfield, MO 65803
      View Details
    • Contact for pricing
      110,000 SF

      Springfield Industrial Manufacturing Space

      110,000 SF Manufacturing Facility, 30,000 SF Available
      0 Cor Of Jean St & Packer Rd, Springfield, MO 65803
      View Details
    • $9 SF/Yr
      12,000 SF

      Industrial Space Available For Lease

      12,000 square foot industrial property for lease.
      2935 N Le Compte Rd, Springfield, MO 65803
      View Details
    • Contact for pricing
      103,000 SF

      103,000 SF Manufacturing/Warehouse Space

      103,000 SF manufacturing/warehouse space available for lease.
      3610 Le Compte Rd, Springfield, MO 65803
      View Details
    • $6 SF/Yr
      8,594 SF

      Warehouse/Retail Building For Lease

      8,594 SF warehouse/retail building with dock doors and parking.
      425 W Commercial St, Springfield, MO 65803
      View Details
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    3956 Farm Rd 143
    Springfield, MO 65803-8482
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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