Property profile

0000 Farm Road 156 Republic, MO 65802

OFF-MARKET
Land
9 ac lot
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Property summary

AI-generated overview

This exceptional 9-acre commercial land parcel, located at 0000 West Farm Road 156 in Springfield, Missouri (zip code 65802), presents a unique investment opportunity. The property, with APN 88-17-01-100-0060, boasts a strategic location offering convenient access to Republic, MO, and major roadways including Sunshine Street, James River Expressway, and the West Bypass. This prime location also provides easy access to local amenities, making it highly attractive for various development projects. The land itself features a mix of open pasture and mature timber. Its versatile zoning allows for a wide range of uses. C1 zoning permits small-scale retail, customer service businesses, and single-family residential units as an accessory use, ideal for mixed-use developments. C2 zoning accommodates a broader range of commercial activities, including multifamily or residential development (conditional use), storage units, and warehousing. M1 zoning is suitable for light manufacturing or industrial uses, along with storage facilities. The property also offers potential for additional income generation from an existing cell tower. This property is listed at $550,000 and represents a rare chance to capitalize on Springfield's thriving market. The property's diverse zoning options and strategic location make it an ideal investment for developers and businesses seeking expansion opportunities.

Property profile

Verified
Property type Land
Lot 9 ac (392,040 SF)

Cap rate & NOI

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

Location

0000 Farm Road 156 Republic, MO 65802
Republic 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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