Entity Owned 
For Sale
1 / 44
$2,000,000
631 S Kansas Ave, Springfield, MO 65802
View Listing →
Property summary
AI-generated overview
A manufacturing and warehouse building located at the intersection of South Kansas Expressway and West Mt Vernon Street in Springfield, Missouri. The building totals approximately 18,215 square feet, with about half of the space configured as office and the remainder arranged for manufacturing/production and warehouse use. Production areas have ceiling heights ranging from 16 feet 9 inches to 18 feet 4 inches and the facility includes two dock-high doors. The office portion is remodeled and spans both the first and second floors and includes a break room and additional support rooms. The property also includes an additional lot at 626 S. Kansas Ave. used for supplementary parking.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1973
Total area
18,215 SF
Lot
0.79 ac (34,282 SF)
Zoning code
INC
APN
88-13-22-401-001
UPID
US48-0851373
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Industrial Manufacturer Production Facility
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$360k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$440k
Owner & transaction history
since 2020
5 recorded transactions
Zoning & alternative use
INC · Springfield, MO
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$440k
Value range
$396k – $484k
±10% around blend
Estimated value / SF
$24 / SF
Confidence
Property data
88
Comparable evidence
60
Income certainty
100
$396k
blend $440k
$484k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
18,215 SF
Lot area
0.79 ac
Year built
1973
APN
88-13-22-401-001
Zoning
INC
Assessed value
$175,970
Annual tax
$11,217
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$11,217
Selected cap rate
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$440k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
3.55%
Selected cap rate for this manufacturing properties
Derived from the Springfield market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 3.55%
9.0%
NOI (est.)
$71k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.00M
Move the market yield to see immediate price impact.
Value / SF
$110
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.05%3.55%4.05%
$64k
$2.09M
$1.80M
$1.58M
$71k
$2.33M
$2.00M
$1.75M
$78k
$2.56M
$2.20M
$1.93M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$11,217
Tax year 2023
Assessed value
$175,970
Assessed 2023
Previous assessed
$175,970
+0.0% YoY
Effective rate
6.37%
On assessed value
Assessed land
$23,940
Assessed improvement
$152,030
Land market value
$74,800
Improvement market value
$475,100
Total market value
$549,900
Applied tax rate
105.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Sale
Year built
1973
Heating
NONE
Total area
18,215 SF
Lot
0.79 ac (34,282 SF)
Zoning code
INC
APN
88-13-22-401-001
UPID
US48-0851373
Jurisdiction
GREENE
Zoning & alternative use
INC · Springfield, MOZoning INC · permitted uses
INC · Springfield, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1973
Heating
NONE
Lot
0.79 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
INC
Jurisdiction
Springfield, MO
Recorded code
INC
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for INC in Springfield, MO.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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?”
Full reports are paid
Unlock the full Property Analytics report
Pick a plan to open full owner contacts, all 4 valuations with methodology, the refine flow, comparable adjustments, the foot-traffic deep dive and PDF / CSV export. Cancel anytime.
