1505 Bradford PkwySpringfield, MO 65804

Property Details for 1505 Bradford Pkwy

Year built

1999

Lot size

1.12 AC

Property size (Sq ft)

11,080 SF

Zone code

INC

Property type

Office buildings

APN

88-19-07-101-215

APU

881907101215

Description

This exceptional Class A office building, totaling 11,080 square feet, presents a unique opportunity in Springfield's desirable Bradford Parkway development. Built in 1999, this single-story structure sits on a 1.12-acre lot (APN 88-19-07-101-215, Greene County) and boasts an attractive all-brick exterior. The property features four convenient entrances, a welcoming reception area, a spacious conference room perfect for meetings and presentations, and over nineteen private offices providing ample space for individual work or small teams. Two open workspaces offer flexibility for collaborative projects or larger teams. Additional amenities include an eat-in kitchen, four bathrooms, and several storage rooms for efficient organization. The property also includes a substantial concrete parking lot with 62 spaces, ensuring convenient parking for employees and clients. Electric vehicle charging stations are conveniently located at the north end of the parking lot. The building is zoned Planned Development (PD) and benefits from its location off Fremont Avenue, between Primrose and Independence, surrounded by thriving businesses and offices. NNN fees are estimated at $4.40 per square foot. This turnkey office space is ready for immediate occupancy. The entire 11,080 square feet is currently vacant.

• CAP approach

  CAP return

  Valuation

  6%

  $2,171,251

  6.5%

  $2,004,231

  7%

  $1,861,072

• Comparable approach

  Method

  Valuation

  Relative Method

  $792,552

  Geo Method

  $792,552

• Alternative Use

  Use

  Valuation

  Residential

  $2,485,247

  Hospitality

  $2,276,473

  Educational

  $1,893,999

  Medical

  $1,959,136

  Retail

  $2,946,220

Location Insight

City

Springfield

County

Greene

State

Missouri

Latitude

37.1465

Longitude

-93.2699

CBSA code

44180

CBSA name

SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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