425 Old Mill Rd 3.47 Acres of Commercial Land Offered at $844,532 CAD in Fair Grove, MO 65648

Positioned just off U.S. Highway 65 in the growing community of Fair Grove, Missouri, this 3.47± acre parcel at 425 W Old Mill Road presents a rare opportunity for commercial development in a high-visibility corridor. Zoned C-1 General Commercial, the site is fully equipped with city water and sewer utilities and boasts generous frontage along Old Mill Road, near the intersection of Union Grove Road. Its strategic location places it less than one mile from the historic Wommack Mill, a central landmark that draws consistent local traffic and hosts the annual Fair Grove Heritage Reunion, attracting over 30,000 visitors.
Fair Grove is a vibrant town with a population of approximately 1,500 residents, a youthful median age of 28, and a median household income of $71,000. The cost of living is 12% below the national average, making it an attractive destination for both residents and investors. The property is surrounded by established businesses including Dollar General, O’Bannon Bank, Price Cutter, and Maverik, enhancing its appeal for retail, service, or mixed-use development.
Located just 17 minutes north of Springfield’s commercial corridor, this site offers seamless access to regional markets while benefiting from the charm and affordability of a smaller community. Whether for a standalone retail concept, multi-tenant center, or service-oriented development, this parcel is primed for success.