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    5700 Us-60 Springfield, MO 65619

    For Lease
    Contact for pricing

    8.7 Acres, Hwy 60 Frontage

    Lot size:
    378,972 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 8.7-acre commercial land parcel presents a unique investment opportunity in the thriving Republic, Missouri market. Strategically located just south of the James River Freeway and directly on U.S. Highway 60, this property boasts unparalleled visibility and accessibility. The single-tenant zoning designation offers flexibility for a variety of commercial developments, catering to businesses seeking high-traffic exposure. The property's expansive size allows for ample room for construction and potential future expansion. Its prime location ensures convenient access for employees and customers alike, while the proximity to the James River Freeway provides seamless connectivity to major transportation routes. The APN is 1701300026. This is a rare opportunity to acquire a significant commercial land holding in a rapidly growing area, ideal for businesses seeking a prominent presence in a high-demand location. The zoning is designated as Commercial, ensuring suitability for a wide range of commercial ventures. The property's location on a major highway guarantees high visibility and easy access for potential customers. This presents a compelling investment opportunity for developers and businesses seeking a strategic location with significant growth potential. The property's size and location make it an attractive option for a variety of commercial uses. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

    Property Features for 5700 Us-60

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    378,972 SF

    Unit(s) available at that property

    Space
    Size
    378,972 SF

    HighLights

    • 8.7‑acre commercial land parcel for sale in Republic, MO.
    • Single‑tenant zoning.
    • Excellent visibility and easy access.
    • Located on US Hwy 60, near the James River Freeway.
    • APN: 1701300026.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.3993751
    Latitude
    37.1415852

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    FAQs

    What type of property is this?
    Land - 8.7 Acres, Hwy 60 Frontage
    Where is this land located?
    The property is located at 5700 Us-60 Springfield, MO.
    What are key features of this property?
    This property features: 8.7-acre commercial land parcel for sale in Republic, MO.; Single-tenant zoning.; Excellent visibility and easy access.
    Request Owner's contact information
    5700 Us-60 Springfield, MO 65619
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    Springfield, MO 65619
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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
    5700 Us-60 Springfield, MO 65619
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