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    2325 Norton Rd Springfield, MO 65803

    Sponsored
    For Sale
    $5,221,973

    108 Acres, I-44 Frontage, PD Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 108-acre development site in Springfield, Missouri, presents a unique investment opportunity. Strategically located along Interstate 44 with convenient access from Norton and Park Roads, this property boasts unparalleled visibility and accessibility. Zoned PD 220, the land is approved for a planned development encompassing both commercial and residential uses, offering flexibility for a wide range of projects. The site's prominent location along I-44 provides exceptional exposure, making it ideal for businesses seeking high visibility, such as churches or other large-scale commercial ventures. The surrounding area features established businesses including Lowe's Home Improvement, PJC Insurance Building, and the main campus of North Point Church, indicating a thriving and desirable community. The property's expansive size and prime location offer significant potential for substantial returns. The APN is 881303227027. The asking price is $5,221,973. This is a rare opportunity to acquire a large, well-located parcel in a rapidly growing area of Springfield, Missouri. The address is 2325 W. Norton, Springfield, MO 65803.

    Property Features for 2325 Norton Rd

    General Information

    Property type
    Land
    Lot Size
    4,704,480 SF

    HighLights

    • $5,221,973 asking price for 108 acres of residential development land.
    • Located in Springfield, MO (Greene County), APN 881303227027.
    • Zoned PD 220, allowing for commercial and residential uses.
    • Excellent I‑44 frontage with access from Norton and Park Roads.
    • High visibility for businesses, including churches, due to I‑44 exposure.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.322291
    Latitude
    37.253255

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    FAQs

    What type of property is this?
    Land - 108 Acres, I-44 Frontage, PD Zoning
    Where is this land located?
    The property is located at 2325 Norton Rd Springfield, MO.
    What is the asking price?
    The asking price for this property is $5,221,973.
    What are key features of this property?
    This property features: $5,221,973 asking price for 108 acres of residential development land.; Located in Springfield, MO (Greene County), APN 881303227027.; Zoned PD 220, allowing for commercial and residential uses.
    Request Owner's contact information
    2325 Norton Rd Springfield, MO 65803
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    Springfield, MO 65803
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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
    2325 Norton Rd Springfield, MO 65803
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