New search
Property profile & analytics
OFF-MARKET
Manufacturing properties
4500 Progress Pl Springfield, MO 65803-8816
Entity Owned
2-yr Hold
Free & Clear
Property ID
US48-1085269
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1998
Lot
37.01 ac (1,612,156 SF)
Zoning code
INC
APN
1202300036
UPID
US48-1085269
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
-
SMC Packaging Group Industrial Manufacturer Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Somo Partners Real Estate LLC · 2 yrs held
Somo Partners Real Estate LLC
since 2024
7 recorded transactions
Zoning & alternative use
INC · Springfield, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$227,246
Tax year 2023
Assessed value
$3,667,680
Assessed 2024
Previous assessed
$3,667,680
+0.0% YoY
Effective rate
6.20%
On assessed value
Assessed land
$486,530
Assessed improvement
$3,181,150
Land market value
$1,520,400
Improvement market value
$9,941,100
Total market value
$11,461,500
Applied tax rate
145.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1998
Heating
NONE
Lot
37.01 ac (1,612,156 SF)
Zoning code
INC
APN
1202300036
UPID
US48-1085269
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.
Building & site characteristics
From public records
Year built
1998
Heating
NONE
Lot
37.01 ac
Current owner
From public records · entity-resolved
Somo Partners Real Estate LLC
Entity
Free & Clear · 2 yrs held
Mailing address
900 N BELCREST AVE, SPRINGFIELD, MO 65802-2513
Ownership since
2024
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 20, 2024
—
Somo Partners Real Estate LLC
Somo Partners LP
Intrafamily Transfer
related
—
Mar 4, 2019
—
Somo Partners LP
—
Loan Modification
related
$27,300,000 · Commerce Bk
Feb 1, 2018
—
Progress Place LLC
Buckner Indl Co LLC
Trustees Deed
$7,982,127 · Commerce Bk
Sep 13, 2016
—
Rcr Alliance LLC
—
Trustees Deed
related
$4,080,000 · Bancorpsouth
May 3, 2004
—
Buckner Industrial Co LLC
Enersys Energy Products INC
Warranty Deed
$3,500,000 · Industrial Dev Auth
—
—
Buckner Industrial Co LLC
—
Deed Of Trust
related
$589,300 · Cu Cmnty Cu
—
—
Buckner Industrial Co LLC
—
Deed Of Trust
related
$2,269,583 · Cu Cmnty Cu
—
—
Buckner Industrial Co LLC
—
Deed Of Trust
related
$404,250 · Great Sthrn 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4500 Progress Pl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
