5.9 Acres of Vacant Land 2 Land Properties Offered at $558,368 CAD in Springfield, MO

Positioned in the heart of West Springfield, this 5.9-acre parcel offers a rare opportunity for residential development adjacent to the established Craigmont Place Apartments. Zoned Residential – Low Density Multifamily (RLD), the site is ideally suited for developers seeking to capitalize on Springfield’s growing housing demand. The property is divided into two lots—Lot A (5.4 acres) and Lot B (0.5 acres)—which may be acquired together or individually, offering flexibility for phased development or tailored investment strategies.
Located off South LaFontaine Avenue, the site benefits from proximity to key intersections including W Mt. Vernon Street and S Kansas Expressway, ensuring strong connectivity to the broader Springfield metro. Surrounding amenities include Jordan Valley Community Health Center, City Utilities, Kansas Expressway Self Storage, and the United States Postal Service, enhancing the livability and convenience for future residents. The area is also supported by a robust retail and service corridor, with Meek’s Lumber & Hardware, Boys & Girls Club of Springfield, and other community anchors nearby.
Demographic trends within a 5-mile radius show a population of over 170,000 with average household incomes exceeding $63,000, indicating a stable and diverse consumer base. With an asking price of $400,000 ($67,654 per acre), this offering presents a compelling value in a market with limited infill development opportunities.