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    1701 State Highway Mm Springfield, MO 65802

    For Sale
    $2,864,000

    20 Acres, High Visibility, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 20.23-acre commercial and industrial land parcel presents a unique investment opportunity in Springfield, Missouri. Boasting over 1,055 feet of frontage on Highway MM, this property enjoys unparalleled visibility and accessibility. Its strategic location near Amazon's new 1.3 million square foot fulfillment center, Convoy of Hope World Distribution Center, Red Monkey Foods, and Ashley Furniture ensures high traffic and strong potential for development. All utilities are readily available on-site, simplifying the development process and minimizing upfront costs. The property is situated at 1701 S State Hwy MM, Springfield, Greene County, MO 65802, offering easy access to major transportation routes and a thriving business community. This expansive tract is ideal for a variety of commercial or industrial uses, making it an attractive proposition for developers, investors, and businesses seeking a prominent location with significant growth potential. The asking price for this exceptional property is $2,864,000. This prime location offers a rare chance to capitalize on the burgeoning economic activity in the area. Don't miss this opportunity to secure a piece of Springfield's thriving commercial landscape.

    Property Features for 1701 State Highway Mm

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Auto Repair Shop Clothing Store Building Supply Wholesale Shop Storage Facility Grocery Store Electrical Service Electronics Store Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.423602223419
    Latitude
    37.185413955506

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    FAQs

    What type of property is this?
    Land - 20 Acres, High Visibility, Prime Location
    Where is this land located?
    The property is located at 1701 State Highway Mm Springfield, MO.
    What is the asking price?
    The asking price for this property is $2,864,000.
    Request Owner's contact information
    1701 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
    1701 State Highway Mm Springfield, MO 65802
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