Property profile

1297 Mo-125 Springfield, MO 65802

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 10-acre (more or less) commercial land parcel is situated just south of Division Street on Highway 125 in Springfield, Missouri (zip code 65802). The property boasts approximately 5.7 acres of picturesque land featuring mature trees and stunning views. This parcel, surveyed from a larger tract into three separate lots, offers approximately 360 feet of road frontage on State Highway 125. The terrain is largely level in the front, gently sloping towards the heavily wooded back. The location is at the southwest corner of Highway 125 and Division Street. The owner intends to secure C-3 Rural Commercial District zoning. Conditional Use Permits may allow for various commercial uses, including gas stations, convenience stores with gas pumps, mini-storage units, and retail establishments (within enclosed buildings or as specifically permitted). Additional uses permitted in the C-2 General Commercial District may also be considered. The approval of Conditional Use Permits will be subject to conditions based on factors such as building size, traffic generation, employee count, neighborhood impact, environmental impact, operating hours, and other criteria deemed necessary by the Board of Zoning Adjustment. This presents a unique opportunity for developers seeking a strategically located commercial property with significant potential. The asking price for this property is $400,000.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

1297 Mo-125 Springfield, MO 65802
Springfield metro
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Value estimations

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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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