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    Veterans Memorial Pkwy O'Fallon, MO 63366

    For Sale
    $2,070,407

    6.79 Acres, C-3 Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 6.79-acre commercial land parcel presents a remarkable investment opportunity in the thriving O'Fallon, Missouri market. Strategically located at the southeast quadrant of I-70 and Bryan Road, this property boasts unparalleled visibility and accessibility. The C-3 zoning allows for a wide range of commercial development options, catering to diverse business needs. With a substantial 44,854 vehicles per day traffic count at the I-70 and Bryan Road intersection, this site guarantees high exposure and significant foot traffic potential. The land is priced at $7 per square foot, totaling $2,070,407. Off-site detention is already in place, simplifying the development process and reducing upfront costs. The property's address is Veterans Memorial Pkwy and White Magnolia Dr, O'Fallon, MO 63366, within St. Charles County. Its prime location, combined with its size and zoning, makes this an ideal site for a variety of commercial ventures, promising strong returns on investment. The property's convenient access to major transportation arteries ensures easy commutes for employees and customers alike. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a rapidly growing area. Don't miss out on this exceptional investment prospect.

    Property Features for 0 Veterans Memorial Pkwy

    General Information

    Property type
    Land
    Lot Size
    295,772 SF

    HighLights

    • $2,070,407 asking price.
    • 6.79 acres of commercial land.
    • C‑3 zoning.
    • $7/SF land value.
    • Located in O'Fallon, MO, at the intersection of Veterans Memorial Pkwy and White Magnolia Dr.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    O'Fallon
    County
    St. Charles
    State
    Missouri
    Longitude
    -90.729655278238
    Latitude
    38.802091869263

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    FAQs

    What type of property is this?
    Land - 6.79 Acres, C-3 Zoning, High Traffic
    Where is this 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 $2,070,407.
    What are key features of this property?
    This property features: $2,070,407 asking price.; 6.79 acres of commercial land.; C-3 zoning.
    (314) 862-7100
    Request Owner's contact information
    Veterans Memorial Pkwy 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

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    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
    Veterans Memorial Pkwy O'Fallon, MO 63366
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