Exceptional Development Opportunity In Fair Grove, Mo

$605,000

425 W Old Mill Rd, Fair Grove, MO 65648

For Sale

Land Other

Active

Last Updated: 10/30/2025

Details:

Lot Area: 3.47 acres

Offered by

Lee McLean III

Senior Advisor

SVN | Rankin Company

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Highlights:

FOR SALE: $605,000
LOT SIZE: 3.47± Acres
PRICE/SF: $4.00/SF
UTILITIES: Yes
ZONING: C-1 – General Commercial District
MARKET: Fair Grove
SUBMARKET: Springfield

Description:

SVN is proud to present this commercial development opportunity just off of U.S. Highway 65 in the growing community of Fair Grove, MO. Offered at $605,000, this 3.47± acre parcel is zoned General Commercial and provides outstanding visibility and accessibility. The site features city water and sewer utilities, ample frontage along Old Mill Road, and close proximity to the intersection of Union Grove Road.

Strategically positioned less than one mile from Fair Grove’s historic Wommack Mill, the property benefits from steady local traffic and a location central to the city’s most notable landmark. This site is ideal for a variety of commercial uses.

The property is conveniently located off Old Mill Road, near Highway 65, offering excellent access and visibility. Nearby businesses and community landmarks include O’Bannon Bank, Dollar General, Maverik, Price Cutter, the Fair Grove Fire Department, Fair Grove R-X School, and the historic Wommack Mill, among others.

Fair Grove is a growing community of approximately 1,500 residents, with a median age of 28 and a median household income of $71,000. The cost of living is 12% lower than the U.S. average, making it an appealing area for both residents and investors. Located just north of Springfield, MO, the town is easily accessible via Highway 65 and sits only about 17 minutes from Springfield’s nearest commercial corridor.

Each year, Fair Grove hosts the Fair Grove Heritage Reunion, a popular two-day festival that attracts more than 30,000 visitors. The historic Wommack Mill, less than a mile from the property, stands as a central landmark reflecting the city’s economic and cultural heritage.

Lee McLean III, 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.