Highway Frontage Property with
For Sale
Contact for pricing
803 E Terra Ln, O Fallon, MO
Residential property with large garage, potential commercial use.
Property Size1,800 SF
Lot Size4.23 Acres
Price / SF$444.44
Days on Market395
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
(636) 978-7653
Listed By:
Steve Roth · License #1999114186
(314) 650-2836
Source:
Moodyscre
Added: Sep 18, 2025
Changed: Oct 12
Last Checked: Oct 16 at 10:50AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$33,347
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$666,940
$666.9K
Cap Rate 7%
$476,386
$476.4K
Cap Rate 9%
$370,522
$370.5K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$40.8K $22.68/SF
− Vacancy
−$1.6K −$0.88/SF
EGI
$39.2K $21.80/SF
− OpEx
−$5.9K −$3.27/SF
NOI
$33.3K $18.53/SF
Area
St. Charles County, MO
Vacancy
3.90%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$666,940
Cap Rate 7%
$476,386
Cap Rate 9%
$370,522
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 authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
385
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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
Frequently Asked Questions
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.
