Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Veterans Memorial Pkwy O Fallon, MO 63366

    Sponsored
    For Sale
    $1,945,300

    Business - O'Fallon, MO

    Type:Business
    Lot size:
    7.98 Acres
    Days on Market:
    221
    Last Refresh:
    Jan 24 at 1:06 pm

    Property Features for Veterans Memorial Pkwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    2-0057-S030-00-0027.0000000
    Lot size
    7.98 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Scott Buchheit

    Meyer and Company Real Estate (636) 462-5555

    Listing agent Scott Buchheit (636) 462-5555 License #2022018315

    Listing date Jun 18, 2025

    MLS# 25017294 Listing URL

    Copyright © 2026 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    O'Fallon Land on Veterans Parkway

    This 7.98-acre site on Veterans Memorial Parkway in O'Fallon, MO, offers high visibility and exposure, making it suitable for mixed-use development for commercial and multi-family purposes. The property is located in a high-growth, highly populated area and benefits from convenient access to Interstate 70. It features 300 feet of road frontage along Veterans Memorial Parkway. Situated in a high-traffic area, the location is near schools, shopping, and workplaces. Potential uses include a senior living facility, townhomes, condominiums, commercial retail, or service businesses. All utilities are available to the site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    O Fallon
    County
    St. Charles
    State
    Missouri
    Longitude
    -90.727046
    Latitude
    38.801163

    Nearby Similar for Sale

    • $395,000
      6,466 SF

      O'Fallon Office Building For Sale

      Well-maintained office building with potential for residential conversion and additional income.
      423 Woodlawn Ave, O Fallon, MO 63366
      View Details
    • $2,300,000
      7,500 SF

      O'Fallon Automotive Property For Sale

      Excellent condition automotive property with high visibility and recent upgrades.
      9084 Veterans Memorial Pkwy, O Fallon, MO 63366
      View Details
    • $1,050,000
      0.92 Acres

      O'Fallon Car Wash For Sale

      High-visibility car wash with potential for business conversion.
      2696 Babble Creek Ln, O Fallon, MO 63368
      View Details
    • $895,000
      4,095 SF

      Brewery and Restaurant Opportunity

      4,095 SF building with complete brewing room and equipment.
      7434 Village Center Dr, O Fallon, MO 63368
      View Details
    • $1,395,000
      10,350 SF

      O'Fallon Warehouse with Heavy Power

      10,350 SF office/warehouse on 1.07 acres, available 2026.
      1071 Cool Springs Industrial Dr, O Fallon, MO 63366
      View Details
    • $1,250,000
      11,058 SF

      Freestanding Building on South Main

      Freestanding building with high-traffic exposure and ample parking.
      311 N Main St, O Fallon, MO 63366
      View Details
    • $800,000
      1,800 SF

      Highway Frontage Property with Garage

      Residential property with large garage, potential commercial use.
      803 E Terra Ln, O Fallon, MO 63366
      View Details
    • $3,600,000
      13,225 SF

      O'Fallon Retail Property For Sale

      Retail property with drive-thru and strong real estate fundamentals.
      1580 Bryan Rd, O Fallon, MO
      View Details
    • $560,000
      2,275 SF

      Modern Office with Vista Views

      Class A office space built in 2022, ideal for owner-user.
      6700 Keaton Corporate Pkwy, O Fallon, MO 63368
      View Details
    • $1,910,000
      12,016 SF

      O'Fallon Retail Center For Sale

      12,016 SF retail center in O'Fallon, Missouri.
      2108-2126 Bryan Valley Commercial Dr, O Fallon, MO 63366
      View Details
    • $780,000
      4,200 SF

      O'Fallon Office Building For Sale

      Income-producing office building with easy access to I-70.
      1031 Peruque Crossing Ct, O Fallon, MO 63366
      View Details
    • $925,000
      5,878 SF

      O'Fallon Industrial Investment Property

      Industrial property with renovated office space and strong investment potential.
      406 E Wabash St, O Fallon, MO 63366
      View Details

    FAQs

    What type of property is this?
    Commercial land - 7.98 acre site ideal for mixed-use development.
    Where is this commercial land located?
    The property is located at Veterans Memorial Pkwy O Fallon, MO.
    What is the asking price?
    The asking price for this property is $1,945,300.
    What are key features of this property?
    This property features: - 7.98+/- acres ideal for mixed-use development.; - Excellent visibility and exposure on Veterans Memorial Parkway.; - Located in a high-growth, highly populated area of O'Fallon, MO.
    (314) 306-4844
    Request Owner's contact information
    Veterans Memorial Pkwy O Fallon, MO 63366
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Veterans Memorial Pkwy
    O Fallon, MO 63366
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Veterans Memorial Pkwy O Fallon, MO 63366
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Scott Buchheit
    Real Estate License ID: 2022018315
    (314) 306-4844
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.