Highway Frontage Property with
803 E Terra Ln O Fallon, MO
For Sale
Contact for pricing
Residential property with large garage, potential commercial use.
Property Size1,800 SF
Lot Size4.23 Acres
Price / SF$444.44
Days on Market313
Property Features for 803 E Terra Ln
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Lot size
- 4.23 Acres
- Property subtype
- INDUSTRIAL
Listing Agency:
Mo Realty
(314) 650-2836
Listed By:
Steve Roth
(314) 650-2836
Source:
Moodyscre
Added: Sep 18, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mo Realty
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.8k | $22.68 |
| − Vacancy | −$1.6k | −$0.88 |
| EGI | $39.2k | $21.80 |
| − OpEx | −$5.9k | −$3.27 |
| NOI | $33.3k | $18.53 |
1,800 SF · lease $22.68/SF/yr · vacancy 3.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$476.4K
$416.8K – $555.8K
NOI $33,347 @ 7.0% cap · market cap 4.17%
Second Best
Industrial
$392.3K
$343.3K – $457.7K
NOI $27,462 @ 7.0% cap · market cap 3.43%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Parking lots & garages
Similar Off Market Nearby
- U-Haul Neighborhood Dealer — 509 Sonderen St, O'Fallon, MO 63366
- Warranty Quotes Direct — 204 st matthew ave, o'fallon, mo 63366
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.
