2900 Sunshine StSpringfield, MO 65804

  • Grocery and convenience stores
  • 44,036 SF
For Lease
$18/SF/YR View listing

Property Details for 2900 Sunshine St

Year built
1961
Lot size
3.62 AC
Property size (Sq ft)
44,036 SF
Zone code
INC
Property type
Grocery and convenience stores
APN
88-12-33-201-003
APU
881233201003

Description

This premier, Class A, 81,135 square foot retail and office center, located at 2900 E Sunshine St, Springfield, MO 65804, boasts 30 suites and ample parking (800 spaces, 7.07 ratio). Built in 1961 and extensively renovated in 2023, the single-story building sits on 8.6 acres of land zoned for general retail. The property offers multiple tenancy options, with spaces ranging from 995 to 9,747 contiguous square feet

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,685,144
    6.5%
    $11,709,364
    7%
    $10,872,981
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,937,736
    Geo Method
    $7,937,736
  • Alternative Use

    Use
    Valuation
    Residential
    $9,877,286
    Hospitality
    $9,047,541
    Educational
    $7,527,448
    Medical
    $7,786,328
    Retail
    $11,709,364
2900 Sunshine St, Springfield, Missouri

Location Insight

City
Springfield
County
Greene
State
Missouri
Latitude
37.1798
Longitude
-93.2372
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
$71,531
$180,740
$941,380
$1,122,120
-
$564,800
$2,941,800
$3,506,600

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