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    803 E Terra Ln O Fallon, MO 63366

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    For Sale
    $800,000

    Residential property with large garage, potential commercial use.

    Property size:
    1,800 SF
    Lot size:
    4.23 Acres

    Property Features for 803 E Terra Ln

    General Information

    Size
    1,800 SF
    Lot size
    4.23 Acres

    Source: Mo Realty Agent Steve Roth

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway Frontage Property with Garage

    This property features a house with over 1500 square feet, including a basement, four bedrooms, two full baths, and two half baths. It also includes an oversized, heated four-car garage with water, spanning 1800 square feet. The property is situated on 1.6 acres of flat land with highway frontage on Highway 70, providing easy access. The property is currently zoned residential but offers potential for commercial use, such as a used car lot or a construction company, due to its ample storage space. It presents a rental opportunity.
    Insight Report Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    U-Haul Neighborhood Dealer, Warranty Quotes Direct

    Location Insight

    • Map
    • Local Demand
    City
    O Fallon
    County
    St. Charles
    State
    Missouri
    Longitude
    -90.6872865
    Latitude
    38.8039766

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    FAQs

    What type of property is this?
    Parking lot & garage - Residential property with large garage, potential commercial use.
    Where is this parking lot & garage located?
    The property is located at 803 E Terra Ln O Fallon, MO.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - Oversized 4-car garage (1800 sq ft) with heat and water.; - 1.6 acres of flat land.; - Highway frontage on Highway 70 with easy access.
    (314) 650-2836
    Request Owner's contact information
    803 E Terra Ln O Fallon, MO 63366
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    Realmo Value Estimation

    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.

    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.

    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
    803 E Terra Ln O Fallon, MO 63366
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