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    1900 Republic Rd Springfield, MO 65810

    For Sale
    $4,200,000

    Prime 4.63-acre retail lot in Springfield, MO

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 4.63-acre commercial land parcel presents a rare opportunity for retail development in Springfield, Missouri's desirable Southeast submarket. Located at 1900 E Republic Road, this property boasts a General Retail zoning designation, making it ideal for a wide range of commercial uses. The site benefits from its high-traffic location on E Republic Road, experiencing over 15,000 vehicles daily, and its proximity to the James River Freeway (US Highway 60), which sees over 63,000 vehicles per day. This strategic positioning ensures high visibility and accessibility for potential businesses. The asking price is $4,200,000, translating to a land value of $20.82 per square foot. The property is situated near the Farmer's Park mixed-use development, further enhancing its appeal and potential for synergistic growth. This is one of the few remaining retail lots available in this sought-after area, representing a unique investment opportunity for developers seeking a prime location with significant growth potential in a thriving market. The property is zoned for General Retail use and is located in Greene County, Missouri, with a Springfield address and zip code 65810. The coordinates are 37.1120141 latitude and -93.3086778 longitude.

    Property Features for 1900 Republic Rd

    General Information

    Property type
    Land
    Lot Size
    201,683 SF

    HighLights

    • 4.63‑acre lot.
    • $20.82 per square foot.
    • General Retail zoning.
    • Springfield market.
    • Southeast Springfield submarket.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Realty agency Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.3086778
    Latitude
    37.1120141

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    FAQs

    What type of property is this?
    Land - Prime 4.63-acre retail lot in Springfield, MO
    Where is this land located?
    The property is located at 1900 Republic Rd Springfield, MO.
    What is the asking price?
    The asking price for this property is $4,200,000.
    What are key features of this property?
    This property features: 4.63-acre lot.; $20.82 per square foot.; General Retail zoning.
    Request Owner's contact information
    1900 Republic Rd Springfield, MO 65810
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    Springfield, MO 65810
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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
    1900 Republic Rd Springfield, MO 65810
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