1525 East Florida Street

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1525 East Florida Street

Springfield, MO 65803
Asking Price
$475K
Asset Type
Warehouse Industrial
Class
Class B

What's Special

Industrial | 4,092 SqFt <ul><li>​Turnkey automotive opportunity on two parcels totaling 0.85 acres</li><li>​High visibility Springfield location zoned heavy manufacturing</li><li>​Includes both buildings and established business valued at $100,000</li><li>​Main building features durable metal siding and metal roof</li><li>​Five garage bays, reception office, and bathroom</li><li>​Fully outfitted with built-in lifts and compressors</li><li>​Second parcel includes additional metal building with double garage door</li><li

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NOI
$80,000
Cap Rate
16.84%
DSCR
2.84
Strong
Cash-on-Cash
36.35%
Monthly Payment
$2,350.041
Annual Cash Flow
$51,799.51

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