1411 Primrose StSpringfield, MO 65804

Property Details for 1411 Primrose St

Year built

1994

Lot size

1.34 AC

Property size (Sq ft)

17,000 SF

Zone code

INC

Property type

Office buildings

APN

88-19-07-101-170

APU

881907101170

Description

Governor's Row Office Building, located at 1411 E Primrose St, Springfield, MO 65804, presents a remarkable leasing opportunity. This single-story, 14,024 square foot building, constructed in 1994, sits on a 1.34-acre lot (APN 881907101170) in Greene County, zoned for commercial use. The building features six suites, with one executive office suite of 2,466 square feet currently available. The property boasts a highly visible corner location on Primrose St and Fremont Ave, offering excellent accessibility. Ample parking is provided with 59 spaces. This location within Springfield's Professional/Medical Office District provides a strategic advantage for businesses seeking high visibility and convenient access for clients. The suite will be available January 1, 2025. This is an exceptional opportunity to establish or expand your business in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $3,331,341

  6.5%

  $3,075,084

  7%

  $2,855,435

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,216,010

  Geo Method

  $1,216,010

• Alternative Use

  Use

  Valuation

  Residential

  $3,813,104

  Hospitality

  $3,492,783

  Educational

  $2,905,954

  Medical

  $3,005,895

  Retail

  $4,520,374

Location Insight

City

Springfield

County

Greene

State

Missouri

Latitude

37.1483

Longitude

-93.2714

CBSA code

44180

CBSA name

SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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