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521 W Kearney St

2,400 SF Light Industrial Building Springfield, MO 65803 £256,425 (£107/SF) 9.23% Net Initial Yield

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Investment Highlights

Located perfectly in the city with heavy traffic 36,000 cars pass by daily
Great property to do a long or short term lease

Two 12,000lb 2post car lifts

Executive Summary

Has two 12,000 lb car lifts great for any mechanic shop combined with great office space an excellent location in the heart of the city

Property Facts

Price	£256,425	Lot Size	0.16 AC
Price Per SF	£107	Rentable Building Area	2,400 SF
Sale Type	Investment or Owner User	Number of Floors	1
Net Initial Yield	9.23%	Year Built/Renovated	1948/2022
Sale Conditions	Design & Build	Tenancy	Single
Property Type	Light Industrial	Parking Ratio	4.58/1,000 SF
Property Subtype	Light Manufacturing	Level Access Doors	2
Building Class	B	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£256,425
Price Per SF	£107
Sale Type	Investment or Owner User
Net Initial Yield	9.23%
Sale Conditions	Design & Build
Property Type	Light Industrial
Property Subtype	Light Manufacturing
Building Class	B
Lot Size	0.16 AC
Rentable Building Area	2,400 SF
Number of Floors	1
Year Built/Renovated	1948/2022
Tenancy	Single
Parking Ratio	4.58/1,000 SF
Level Access Doors	2
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.