1615 Ingram Mill RdSpringfield, MO 65804

Property Details for 1615 Ingram Mill Rd

Year built

1998

Lot size

0.07 AC

Property size (Sq ft)

3,111 SF

Zone code

INC

Property type

Office properties

APN

88-12-28-422-202

APU

881228422202

Description

This exceptional 3,724 square foot executive office suite is ideally situated on the east side of Springfield, offering convenient access to Sunshine Street and US 65. Completely renovated in 2022, the space boasts a well-designed layout including a welcoming reception area, eight private offices, two bathrooms, and a spacious bullpen area perfect for multiple workstations. The property is zoned PD 105, ensuring flexibility for various business needs. A significant advantage is the inclusion of an additional 882 square feet of usable basement storage space, although this area is not included in the leasable square footage. This single-tenant occupancy building presents a rare opportunity for businesses seeking a modern and functional workspace. The property is available for lease, and also for sale at $750,000, providing flexibility for potential buyers. The Southeast submarket location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prime location in Springfield. The building's recent renovation ensures modern amenities and a professional atmosphere. This turnkey solution eliminates the need for extensive renovations, allowing businesses to focus on their core operations immediately upon occupancy. The ample office space, combined with the additional storage, provides a comprehensive solution for businesses of various sizes. Don't miss this chance to secure a highly desirable office space in a thriving Springfield location.

• CAP approach

  CAP return

  Valuation

  6%

  $609,635

  6.5%

  $562,740

  7%

  $522,545

• Comparable approach

  Method

  Valuation

  Relative Method

  $222,530

  Geo Method

  $222,530

• Alternative Use

  Use

  Valuation

  Residential

  $697,798

  Hospitality

  $639,179

  Educational

  $531,790

  Medical

  $550,079

  Retail

  $827,228

Location Insight

City

Springfield

County

Greene

State

Missouri

Latitude

37.1829

Longitude

-93.2268

CBSA code

44180

CBSA name

SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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