Current Use by Public Records
- Land
Property Details for 3736 Cox Rd
- Lot size
- 34.02 lot acres
- Property type
- Land
Description
Exceptional opportunity to acquire 34.02 acres of prime multifamily land in Springfield, Missouri. This strategically located parcel, situated at 3736 S Cox Rd, boasts approximately 1,334 feet of frontage on Kansas Expressway and 1,129 feet on Walnut Lawn Street. Currently zoned Planned Development PD-342, the property allows for a diverse range of senior living options, including Independent Living Apartments, Independent Living Cottages/Duplexes, Assisted Living Apartments, Skilled Care/Nursing Homes, and Memory Care Living Households. The low-density housing designation permits up to 11 dwelling units per acre, maximizing development potential. Utilities including gas, water, and electricity are readily available, with sewer access nearby. Comprehensive due diligence materials, including a full geotechnical report and karst study, are available for review. The site is completely cleared, with all previous structures removed. The owner has consolidated all parcels into a single subdivision lot and will not subdivide. This represents a significant price reduction of over $600,000, reflecting a motivated seller seeking a swift transaction. The property's ideal location and zoning make it an exceptional investment opportunity for developers seeking to capitalize on the growing demand for senior living facilities in the Springfield area. The asking price is $2,200,000, representing a price per square foot of $1.48. The total square footage is 1,491,494. This is a unique opportunity to acquire a large, well-situated parcel ready for immediate development.
Value Estimations
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AI approach
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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
- -93.3213
- Latitude
- 37.1511
