6.77 ACRES COMMERCIAL LAND FOR SALE

Highlights

• SALE PRICE: $350,000
• PROPERTY: 6.77 acres
• UTILITIES: At property
• DETENTION: In place

Description

Thank you for viewing the 6.77 acres for sale in the fastest growing suburb of the Springfield, MO MSA. This lot is located just off of State Hwy 174 and US 60 on College Ave.
This site has all utilities at the property and water detention already in place.
The 6.77 acres is zoned C-2 and for sale at $350,000.

This property is located in Republic Mo, just off College Ave near US 60. Neighboring businesses include: Republic mini storage, Republic Mo WWTP (Warehouse), Sweeney Elementary, FamilySafe Certified Storm Shelters, KO Storage, Banc Source, and many more local and national businesses.

Lee McLean, SIOR, CCIM serves as a Senior Advisor for SVN Commercial in the Springfield Missouri metro area. Lee holds the SIOR & CCIM designation, a Brokers-Associate real estate license and ranks in the top 3% of SVN International.

Republic's population was 18,750 based on the most recent 2020 census and has been experiencing significant growth for the area of late. Amazon opened a 1.3 million square foot facility in Republic in 2021 in addition to the new 230,000 SF Convoy of Hope distribution facility which opened that same year.

During this last year Republic opened the first Whataburger to enter Southwest Missouri in addition to Republic getting its first Andy's Frozen Custard and Popeye's. Culver's is also under construction and projected to open in 2023. These new developments all sit right across from the subject property for lease. All of these sites are shadow-anchored by the only Lowe's Home Improvement store and Walmart Supercenter located in Republic.

* Republic outpaced Springfield 27% to 6% in population growth from 2010 to 2020 and outpaced Greene County which saw an
8.6% increase in the same span.
* Republic had an 18% year over year increase in sales tax revenue showing a surge in commercial sales activity.
* New Amazon distribution hub expected to add 1,800 new jobs.
* New Convoy of Hope World Headquarters distribution facility opened in 2021 in Republic and now their 200,000 SF office
headquarters is under construction.
* Republic voters recently approved a new regional athletic complex at a cost of $40 million to help make Republic a youth
sports travel destination.

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