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    K Mexico Rd And Hwy O'Fallon, MO 63366

    Sponsored
    For Sale
    $973,566

    1.5 Acres, High-Traffic Location, C-2 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.49-acre commercial land parcel is ideally situated at the signalized intersection of Mexico Road and Highway K in O'Fallon, Missouri (zip code 63366), within St. Charles County. Priced at $973,566 ($15 per square foot), this property boasts a prime location with high visibility from Highway K and significant traffic counts. The C-2 zoning allows for a variety of uses, making it excellent for office, retail, or convenience store development. Utilities are already in place, and two curb cuts are conveniently installed. Enjoy easy access to major thoroughfares including I-64, MO-94, MO Route 364, and I-70. The property benefits from a strong daytime work population and the added advantage of a new Rosalita's Cantina opening soon across the street, further enhancing its appeal and potential for increased foot traffic. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a thriving area.

    Property Features for K Mexico Rd And Hwy

    General Information

    Property type
    Land
    Lot Size
    64,904 SF

    HighLights

    • 1.49‑acre commercial lot for sale at a signalized intersection.
    • Utilities available.
    • C‑2 commercial zoning.
    • Excellent access to I‑64, MO‑94, MO Rt. 364, and I‑70.
    • High visibility from Hwy. K, adjacent to a new Rosalita's Cantina.
    • High traffic counts and strong daytime workforce.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    O'Fallon
    County
    St. Charles
    State
    Missouri
    Longitude
    -90.695928578218
    Latitude
    38.792392793823

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    FAQs

    What type of property is this?
    Land - 1.5 Acres, High-Traffic Location, C-2 Zoning
    Where is this land located?
    The property is located at K Mexico Rd And Hwy O'Fallon, MO.
    What is the asking price?
    The asking price for this property is $973,566.
    What are key features of this property?
    This property features: 1.49-acre commercial lot for sale at a signalized intersection.; Utilities available.; C-2 commercial zoning.
    (636) 970-0330
    Request Owner's contact information
    K Mexico Rd And Hwy 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
    K Mexico Rd And Hwy O'Fallon, MO 63366
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