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    1201 State Highway Mm Springfield, MO 65802

    For Sale
    $2,090,880

    37 Acres, Heavy Manufacturing Zoning, $2M+

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 37-acre commercial land parcel presents a unique investment opportunity in Republic, Missouri. Strategically located on State Highway MM between Interstate 44 and Highway 60, this property boasts M-2 Heavy Manufacturing zoning, ideal for a wide range of industrial uses. The asking price is $2,090,880, translating to a land value of $3.50 per square foot. The site benefits from its proximity to major transportation arteries, ensuring excellent accessibility for logistics and distribution. Furthermore, its location near a new, large Amazon distribution facility and the future headquarters for Convoy of Hope positions it to capitalize on significant economic growth and the influx of over 2,000 new jobs in the immediate area. The city of Republic has expressed interest in annexation and potential rezoning for commercial development, further enhancing the property's long-term potential. Sewer access is included in the current pricing. This property is available for sale as a whole. This is a rare opportunity to acquire a substantial tract of land in a rapidly developing area with strong potential for significant return on investment.

    Property Features for 1201 State Highway Mm

    General Information

    Property type
    Land
    Lot Size
    1,611,720 SF

    HighLights

    • 37‑acre commercial land parcel in Republic, MO, priced at $2,090,880 ($3.50/SF).
    • M‑2 Heavy Manufacturing zoning, ideal for industrial uses.
    • Prime location on State Highway MM, near I‑44 and Highway 60, offering excellent accessibility.
    • Situated near a new Amazon facility and future Convoy of Hope headquarters, benefiting from significant job growth.
    • Sewer access included; available for sale as a whole.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Wholesale Shop Clothing Store Auto Parts Store 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
    -93.4236642
    Latitude
    37.1951274

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    FAQs

    What type of property is this?
    Land - 37 Acres, Heavy Manufacturing Zoning, $2M+
    Where is this land located?
    The property is located at 1201 State Highway Mm Springfield, MO.
    What is the asking price?
    The asking price for this property is $2,090,880.
    What are key features of this property?
    This property features: 37-acre commercial land parcel in Republic, MO, priced at $2,090,880 ($3.50/SF).; M-2 Heavy Manufacturing zoning, ideal for industrial uses.; Prime location on State Highway MM, near I-44 and Highway 60, offering excellent accessibility.
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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
    1201 State Highway Mm Springfield, MO 65802
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