Property Description

This 29.2-acre development opportunity, located directly off West Bypass (Hwy 160), sits at a signalized intersection in one of Springfield's most active and rapidly developing corridors. The property consists of two parcels?25.1 acres (Parcel ID: 1320401382) and 4.1 acres (Parcel ID: 1329102001)?and is zoned retail with a conditional overlay, offering flexibility for a dynamic blend of residential and commercial use. Owner is willing to split off single family lots. The site is approved for 352 apartment units, up to 35 residential lots, and either 20 townhomes or 40 duplexes/townhomes. It also features a highly visible front commercial pad, perfectly suited for a convenience store or other retail use. With excellent exposure along a high-traffic route and strong daily commuter flow, this location ensures maximum visibility and access. Surrounded by national retailers?including a new Target within one mile?and offering quick connectivity to I-44, the James River Freeway, and Highway 60, this site is strategically positioned for long-term value. The signalized intersection allows for easy ingress and egress, enhancing accessibility for both residents and retail traffic. Flood Zone area is used to green space requirements. This is a prime investment for developers seeking to capitalize on Springfield's expanding residential and commercial market. With zoning already in place and market momentum behind it, the property offers a rare chance to create a high-impact, mixed-use community in a thriving growth corridor.

Property Features