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    1462 S State Highway Mm Springfield, MO 65802

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    For Sale
    $9,000,000

    203 acre industrial and manufacturing development tract for sale.

    Lot size:
    203.00 Acres

    Property Features for 1462 S State Highway Mm

    General Information

    Lot size
    203.00 Acres

    Source: SVN | Rankin Company, LLC Agent Jack Rankin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    203 Acre Industrial Development Tract

    This approximately 203-acre industrial and manufacturing development tract is available for sale at the future signalized intersection of Highway MM and Farm Road 144, situated between Highway 60/James River Freeway and Interstate 44. The property features roughly 750 feet of frontage on State Highway MM, with access directly from State Highway MM and Farm Road 140. The City of Republic and MoDot are planning infrastructure improvements on the Highway MM corridor, including widening MM to four lanes with a median from I-44 to MO 360 (James River Freeway). These improvements are projected to increase traffic counts by an estimated 227% in the next three years. The sale includes three separate tracts being sold together. The owner will consider subdividing into smaller tracts to fit a buyer's specific use requirements.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Auto Repair Shop Building Supply Clothing Store Auto Parts Store Wholesale Shop Storage Facility Grocery Store Discount Store Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.421
    Latitude
    37.190117

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    FAQs

    What type of property is this?
    Land - 203 acre industrial and manufacturing development tract for sale.
    Where is this land located?
    The property is located at 1462 S State Highway Mm Springfield, MO.
    What is the asking price?
    The asking price for this property is $9,000,000.
    What are key features of this property?
    This property features: - 203-acre industrial/manufacturing development tract available.; - Located at the future signalized intersection of Highway MM and Farm Road 144.; - 750 feet of frontage on State Highway MM.
    (417) 860-9951
    Request Owner's contact information
    1462 S State Highway Mm Springfield, MO 65802
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    Springfield, MO 65802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1462 S State Highway Mm Springfield, MO 65802
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