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33798986
33798985

2045 W Sunset St, Springfield, MO 65807

AG
MO 2024044839
$4,650,000
9 days on market
Updated 1 day ago

Battlefield Storage

Details
APN 1803101015
Property Type Self Storage
Sub Type Self Storage
Square Footage 56,350
Net Rentable (SqFt) 56,350
Units 377
Cap Rate 6.27%
NOI $291,773
Occupancy 88.6%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 7.25%
Pro-Forma NOI $337,011
Price per SqFt $83
Class A
Year Built 1994
Buildings 12
Acreage 3.400
Zoning HM
Investment Type Stabilized

Class A storage, 377 units, room to grow income with kiosk and on-site rental.

Marketing description

Battlefield Storage is a stabilized, Class A self-storage facility in one of Missouri's strongest secondary markets. Located at 2045 W Sunset Street in southwest Springfield, the facility comprises 377 non-climate-controlled units across 56,350 net rentable square feet on 3.40 acres — built in 1994 with steel framing, metal roofing, and a wrought-iron perimeter security fence.

The property is offered at $4,650,000 ($82.52/SF), a 6.27% going-in cap rate on verified 2025 actual NOI of $291,773 — priced to engage today's market while preserving a fully documented, zero-CapEx pathway to $337,011 stabilized NOI (a 7.25% yield at the asking price) through two incremental, buyer-executed enhancements.

The facility's actual 2025 expense structure runs materially leaner than standard industry loads: insurance at $15,474 vs. a $28,450 benchmark; payroll at $39,648 vs. $50,000; marketing at $3,854 vs. $12,000. This $45,865 structural advantage is verifiable through the 2025 monthly statements in the data room — the buyer inherits a facility already operating below market assumptions, with no changes required on day one. Listing agent Andrew Grassi (Missouri Salesperson #2024044839, The Firm Commercial) holds an ownership interest in the property.

Investment highlights

  • $291,773 documented 2025 NOI — 6.27% going-in, no proforma required to support the price.
  • $45,865 annual advantage to benchmark, verifiable in monthly statements.
  • 1,350 SF permitted suite, refurbished — $14,760 NOI, $0 CapEx, in-place not future.
  • $39,648 payroll → $9,170 kiosk stack = +$30,478 NOI. Proven, vendor-ready.
  • 97 units 14.9% below market — $8,400–$10,200 NOI at zero capital.
  • 14.35 SF/capita at 3 mi; MSU + healthcare anchor multi-cycle demand.

Listing Contacts

AG
MO 2024044839

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$291,773.00
$24,314.42/mo

Valuation Metrics

0
DSCR
6.27%
Cap Rate
6.27%
ROI

Map

Zoning

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GM IndustrialGeneral Manufacturing
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Last updated Jun 23, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Sonya Wells
License
2024044839
Brokerage
The Firm Commercial
Brokerage Phone
417-581-5555
Title
Broker of Record
Brokerage Address
1715 W James River Rd, Ozark, MO 65721
Name
Andrew Grassi
License
2024044839
Brokerage Phone
417-581-5555
Brokerage Address
1715 West James River Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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