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    K State Hwy O'Fallon, MO 63368

    For Sale
    $770,000

    7.07 Acres, Hwy K Frontage, C-2 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 7.07-acre commercial lot presents a unique investment opportunity in O'Fallon, Missouri. Strategically located at the southeast quadrant of the Highway K and Highway 364 interchange, this property boasts approximately 1,500 feet of frontage along Highway 364, ensuring high visibility and accessibility. The C-2 General Business District zoning allows for a wide range of commercial uses (refer to the permitted and conditional use table for details). An existing curb cut on Highway K simplifies development, while public water is available south of the site along Highway K, and sanitary sewer is located on an adjacent lot to the east. This high-growth area benefits from strong area demographics. The property's location along a high-traffic corridor provides excellent exposure, and its proximity to the Highway K and Highway 364 interchange enhances its strategic value. The 2023 real estate taxes, based on current agricultural use, are $47.22. This is a remarkable opportunity to acquire a substantial commercial parcel in a thriving Missouri community. The property's size, location, and zoning make it ideal for a variety of commercial ventures.

    Property Features for K State Hwy

    General Information

    Property type
    Land
    Lot Size
    307,969 SF

    HighLights

    • $770,000 asking price.
    • 7.07‑acre commercial land parcel.
    • C‑2 General Business zoning in O'Fallon, MO.
    • High‑traffic location with highway frontage on Hwy K and Hwy 364.
    • Approximately 1,500 feet of frontage along Hwy 364.
    • Existing curb cut on Hwy K; utilities nearby.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    O'Fallon
    County
    St. Charles
    State
    Missouri
    Longitude
    -90.699493339513
    Latitude
    38.748011775011

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    FAQs

    What type of property is this?
    Land - 7.07 Acres, Hwy K Frontage, C-2 Zoning
    Where is this land located?
    The property is located at K State Hwy O'Fallon, MO.
    What is the asking price?
    The asking price for this property is $770,000.
    What are key features of this property?
    This property features: $770,000 asking price.; 7.07-acre commercial land parcel.; C-2 General Business zoning in O'Fallon, MO.
    (636) 949-9797
    Request Owner's contact information
    K State Hwy O'Fallon, MO 63368
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    O'Fallon, MO 63368
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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
    K State Hwy O'Fallon, MO 63368
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