1192 State Highway Mm Springfield, MO 65802
- Land
- 4.00 lot acres
Current Use by Public Records
- Land
Property Details for 1192 State Highway Mm
- Lot size
- 4.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 4-acre industrial land parcel presents a unique investment opportunity in Springfield, Missouri. Located at 1192 S State Hwy MM, this property boasts unparalleled access to major transportation arteries, including Interstate 44 and the James River Freeway. Its strategic location places it in close proximity to significant recent developments, such as the new Amazon Distribution Center and the Convoy of Hope World Headquarters, underscoring the area's robust economic growth. Recently rezoned M2 – Heavy Manufacturing by the City of Republic, this site is primed for immediate development. While a 1,408 square foot house is situated on the property, the sale focuses on the land's value, offering significant potential for industrial construction. The area is experiencing substantial investment, including a $12.5 million investment in widening Highway MM and a $35 million realignment project, further enhancing accessibility and future growth prospects. The city's commitment to infrastructure improvements, including a $100 million investment in water and wastewater systems, ensures the capacity to support substantial future development. This property represents a rare chance to capitalize on the burgeoning industrial sector in a rapidly expanding region. The zip code is 65802, and the property is situated in Greene County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Greene
- State
- Missouri
- Longitude
- -93.4226
- Latitude
- 37.1952
