Property profile

6700 Farm Road 140 Springfield, MO 65802

OFF-MARKET
Land
11.8 ac lot
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Property summary

AI-generated overview

This exceptional 11.8-acre commercial land parcel in Springfield, Missouri, presents a unique investment opportunity. Strategically located one mile north of a new Amazon distribution center (projected completion fall 2021), this C-2 zoned property boasts over 1,700 feet of frontage on Interstate 44, providing unparalleled access to major transportation routes. Its proximity to other key infrastructure, including the Springfield-Branson National Airport (within 2 miles), a new industrial complex in Republic, Missouri (within 1 mile), and a large industrial complex in West Springfield (within 2 miles), further enhances its appeal. The site's location also benefits from its proximity to a KOA Campground, attracting significant RV and motorhome tourism. Existing neighboring businesses include a livestock marketing center, home builders, a fireworks retailer, agricultural equipment suppliers, and more. The property, cleared of brush and trees as of Spring 2016, is ideally suited for a variety of commercial developments, including a potential travel center/truck stop and hotel combination. A feasibility study conducted in 2015 is available upon request. The asking price is $1,950,000, translating to $165,254 per acre. This prime location offers exceptional potential for significant return on investment. The property is situated at 6700 W Farm Rd 140, Springfield, MO 65802, in Greene County.

Property profile

Verified
Property type Land
Lot 11.8 ac (514,008 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6700 Farm Road 140 Springfield, MO 65802
Springfield metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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