$3,499,000 Reduced $351,000 on Mar 13
3940 S Farm Road 123, Springfield, MO 65807
- Lot
- 35.2 ac
- Shop / outbuilding
- Horses allowed
- No HOA
- Springfield schools
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About this home
Discover an exceptional 35-acre tract of developmental land ideally located just off West Bypass and Republic Road, offering outstanding visibility and immediate access to major highways. This highly accessible location positions the property perfectly for a wide range of commercial, mixed-use, or residential development opportunities.The land Has access to sewer on the property, significantly reducing upfront infrastructure costs and enhancing development potential. Adding to its unique appeal, the property features a historic schoolhouse dating back to the 1880s--an authentic landmark that could be restored or incorporated as a distinctive focal point within a future development.A spring-fed creek in on the northern edge of the property, providing natural beauty, mature surroundings, and opportunities for thoughtful site design that blends development with nature. The combination of location, utilities, history, and natural features makes this property a rare and compelling offering in a high-growth corridor.Whether envisioned as a signature development, destination project, or long-term investment, this tract offers the space, access, and character to bring a standout vision to life.Listing to include 3880 S State Hwy FF Springfield, MO 65807. Parcel ID: 1808300004
Facts and features
Exterior and lot
- Lot
- 35.2 acres
- Lot features
- Acreage
Utilities
- Utilities
- High Speed Internet, City Sewer, Water Available, Private Well Available
Cost and details
- Taxes
- $1,233/yr (2025)
- HOA / COA dues
- None
- Financing the seller will consider
- Cash, Conventional
- Type
- Unimproved Land
- Subdivision
- N/A
- County
- Greene
Estimated payment
—/mo
- Principal and interest
- —
- Property tax
- —
- Homeowners insurance (est.)
- —
- Mortgage insurance (PMI)
- —
Loan amount —. Rate: Freddie Mac weekly national average for this loan term, week of Oct 15, 2026. Tax: from the MLS listing. Insurance: estimated at 0.75% of the price per year. See loan programs in Springfield
Estimate only. Not a loan offer, rate quote or commitment to lend. This calculator is for general information and illustration. Your actual rate, payment, mortgage insurance, fees and loan eligibility depend on your credit, income, down payment, loan program and lender, and are determined only by a licensed mortgage lender. The rate shown is Freddie Mac's Primary Mortgage Market Survey national weekly average and may not be available to you. Property taxes are based on the current owner's assessment and may change after a sale; insurance is a rough estimate, and actual premiums vary by home, coverage and insurer. Albers Real Estate Group is a real estate brokerage, not a mortgage lender. Talk to a licensed lender for a personalized quote.
How this price compares
Price history
| Date | Event | Price |
|---|---|---|
| Mar 13, 2026 | Price reduced $351,000 | $3,499,000 |
Location
Neighborhood
N/A
Outside city limits
How far is it?
- Downtown Springfield (Park Central Square) 6.1 mi
- Mercy Hospital Springfield 5.6 mi
- Cox Medical Center South 4.8 mi
- Missouri State University 6.2 mi
- Springfield-Branson National Airport 7.1 mi
Straight-line miles. Driving distance is longer.
Schools
Springfield schools
SGF-Jeffries · SGF-Carver · SGF-Kickapoo
School assignments can change. Confirm with the district.
Living in Springfield
Quick answers
What school district is 3940 S Farm Road 123 in?
3940 S Farm Road 123 is in the Springfield school district, according to the MLS listing. The assigned high school is SGF-Kickapoo.
Is there an HOA?
No. The listing shows no homeowners association.
What kind of loan can I use on this home?
The seller will consider Cash and Conventional offers, according to the MLS listing. Whether a specific loan works also depends on your lender and the appraisal.
How long has it been on the market?
It has been listed for 292 days.
Is it inside city limits?
No. The MLS lists 3940 S Farm Road 123 as outside city limits.
Has the price changed?
Yes. The price was reduced $351,000 on March 13, 2026, from $3,850,000 to $3,499,000.
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Listing data last updated October 19, 2026 at 6:51 pm CDT. Source: Southern Missouri Regional MLS (SOMO). MLS #60312393.
The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS. Real estate listings held by brokerage firms other than Albers Real Estate Group are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the web site contains all listings available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. © 2026 Southern Missouri Regional MLS. All rights reserved.