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    Farm Road 175 Springfield, MO 65807

    Sponsored
    For Sale
    $1,950,000

    26.9 Acres, High-Growth Area, Rezoning Possible

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 26.9-acre commercial land parcel presents a unique investment opportunity in Springfield, Missouri. Strategically located on S Farm Rd 175, at the intersection of Evans Road and Highway 65, this property boasts unparalleled visibility and access. Situated in a rapidly developing area, it benefits from its proximity to major healthcare facilities, including the recently constructed Mercy Orthopedic Hospital & Rehab Center and Innovative Dental, and the soon-to-be-completed (early 2025) Mercy Hospital emergency department expansion. The land is currently zoned A-1 (Agricultural) by the City of Springfield, and the sale is contingent upon rezoning. Utilities are conveniently located nearby

    Property Features for 0 Farm Road 175

    General Information

    Property type
    Land
    Lot Size
    1,171,764 SF

    HighLights

    • 26.9± acres available for sale.
    • Utilities (water & gas) available nearby.
    • Sewer access available nearby.
    • A‑1 Agricultural zoning (City of Springfield); rezoning required.
    • Strong residential growth potential.
    • Adjacent to Millwood Golf & Racquet Club across Hwy 65.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.2333704
    Latitude
    37.0944811

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    FAQs

    What type of property is this?
    Land - 26.9 Acres, High-Growth Area, Rezoning Possible
    Where is this land located?
    The property is located at Farm Road 175 Springfield, MO.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: 26.9± acres available for sale.; Utilities (water & gas) available nearby.; Sewer access available nearby.
    Request Owner's contact information
    Farm Road 175 Springfield, MO 65807
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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
    Farm Road 175 Springfield, MO 65807
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