909 Montclair StSpringfield, MO 65807

Property Details for 909 Montclair St

Year built

2005

Lot size

1.04 AC

Property size (Sq ft)

10,584 SF

Zone code

INC

Property type

Community centers

APN

88-18-01-406-107

APU

881801406107

Description

This exceptional 7,700 square foot office building, constructed in 2005, is ideally situated at 909 E Montclair St, Springfield, MO 65807. The property features a multi-tenant configuration with two suites currently available. One suite, totaling 4,950 square feet, offers a versatile layout perfect for a variety of businesses. This space boasts an open floor plan, well-suited for collaborative work environments or customizable office buildouts. Key features include a spacious training room adjacent to a reception/waiting area, four private offices providing individual workspaces, a dedicated workroom, a convenient break room, and four restrooms for employee comfort. An IT closet ensures efficient network management. The building's traditional office design provides a professional and functional workspace. The property's location in Springfield, Missouri offers excellent access to major transportation routes and local amenities. This is a prime opportunity to secure a well-maintained, adaptable office space in a thriving community. The building's total square footage is 7,700, divided into two suites. This presents a unique opportunity for either a single tenant seeking a large space or two separate tenants seeking smaller, yet substantial, office areas. The property's solid construction and desirable location make it an attractive investment.

• CAP approach

  CAP return

  Valuation

  6%

  $3,048,859

  6.5%

  $2,814,332

  7%

  $2,613,308

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,907,825

  Geo Method

  $1,907,825

• Alternative Use

  Use

  Valuation

  Residential

  $2,373,994

  Hospitality

  $2,174,566

  Educational

  $1,809,213

  Medical

  $1,871,435

  Retail

  $2,814,332

Location Insight

City

Springfield

County

Greene

State

Missouri

Latitude

37.1582

Longitude

-93.2831

CBSA code

44180

CBSA name

SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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