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Property profile & analytics
OFF-MARKET
Commercial real estate

2260 Boring Ln Springfield, MO 65802

67.04 ac lot
Property ID
US48-0378783
Property summary
AI-generated overview

Exceptional investment opportunity: 67.04 acres of land in Springfield, Missouri, strategically located with railway frontage. This property boasts a blend of agricultural and industrial zoning, offering diverse development potential. Approximately 70% of the land is cleared pasture, while 30% is wooded, featuring mature walnut trees and other valuable timber. Access is provided via paved Farm Road 116 and Boring Lane. The property includes a spring-fed pond, historically significant as a water source along the Trail of Tears. Two parcels comprise the total acreage (APN 88-12-11-100-006 and 88-12-02-400-005). While existing residential structures and outbuildings are not included in the sale, the seller will retain possession post-closing to facilitate relocation. This presents a unique chance to acquire a sizable tract with railway access, ideal for various commercial or industrial ventures, while also preserving a piece of local history. The asking price is $4,000,000, and the sale is structured for a 1031 exchange. The property is zoned for agricultural use.

Property profile
Verified
Property type Commercial real estate
Lot 67.04 ac (2,920,262 SF)
APN 88-12-11-100-006
UPID US48-0378783
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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