2711 Meadowbrook AveSpringfield, MO 65807

For Sale
$675,000 View listing
  • Medical offices
  • 3,930 SF

Property Details for 2711 Meadowbrook Ave

Year built
1995
Lot size
1.01 AC
Property size (Sq ft)
3,930 SF
Zone code
INC
Property type
Medical offices
Property subtype
Medical centers
APN
88-18-03-101-100
APU
881803101100

Description

This exceptional 3,930 square foot, single-story office building presents a compelling investment opportunity in Springfield, Missouri. The all-brick structure boasts excellent visibility from the heavily trafficked Kansas Expressway, ensuring high brand awareness. The interior layout is thoughtfully designed, featuring a welcoming waiting/reception area complete with an ADA-compliant restroom, a clerical counter, and dedicated workspace. Six rooms include built-in sink/plumbing fixtures, ideal for various professional uses. Several larger rooms offer ample space for conferences or collaborative work environments. Employee convenience is maximized with a small break room and three additional restrooms. A covered front canopy provides a sheltered drop-off/pickup area, while a paved parking lot accommodates 29 vehicles. The property sits on a generous 1.01-acre lot zoned GR General Retail, offering flexibility for future expansion or adaptation. Convenient access to Meadowbrook Avenue, Kansas Expressway, and Sunset Street ensures seamless commutes for employees and clients. High traffic volume is confirmed by the Missouri Department of Transportation (MODOT) reporting an Average Annual Weekday Daily Trip (AAWDT) count of 33,900 vehicles per day. Deed restrictions will be in effect upon closing. The property is being sold "AS IS" with the right to inspection

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $770,128
    6.5%
    $710,887
    7%
    $660,109
  • Comparable approach

    Method
    Valuation
    Relative Method
    $281,113
    Geo Method
    $281,113
  • Alternative Use

    Use
    Valuation
    Residential
    $881,500
    Hospitality
    $807,449
    Educational
    $671,788
    Medical
    $694,892
    Retail
    $1,045,004
2711 Meadowbrook Ave, Springfield, Missouri

Location Insight

City
Springfield
County
Greene
State
Missouri
Latitude
37.1656
Longitude
-93.3155
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
$12,117
$70,400
$119,680
$190,080
-
$220,000
$374,000
$594,000

FAQs

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