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    Phoenix Pkwy & Technology Dr O'Fallon, MO 63368

    Sponsored
    For Sale
    $196,020

    1.7-acre corner lot, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.7-acre commercial land parcel presents a unique investment opportunity in the thriving O'Fallon, Missouri market. Located at the highly visible intersection of Phoenix Parkway and Technology Drive in St. Charles County (zip code 63368), this property boasts unparalleled exposure to a substantial daily traffic volume. With an asking price of $196,020 ($4.50/sq ft land value), this corner lot offers exceptional potential for a variety of commercial developments. The site benefits from easy access to Interstate 64/Highway 40 via Winghaven Boulevard, ensuring convenient connectivity for businesses and their clientele. The strategic location provides excellent visibility to an estimated 52,000 vehicles daily traveling on Interstate 64/Highway 40, maximizing brand awareness and attracting potential customers. Furthermore, the property's proximity to a range of dining, hospitality, and retail services enhances its appeal and provides added convenience for future occupants and visitors. This prime commercial land is ready for development and represents a compelling investment opportunity in a rapidly growing area. Don't miss this chance to secure a prominent location in a vibrant and accessible commercial corridor.

    Property Features for 0 Phoenix Pkwy & Technology Dr

    General Information

    Property type
    Land
    Lot Size
    74,052 SF

    HighLights

    • Easy access to I‑64/Highway 40 via Winghaven Boulevard.
    • Excellent visibility to approx. 52,000 vehicles daily on I‑64/Highway 40.
    • Located near abundant dining, hospitality, and retail amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    O'Fallon
    County
    St. Charles
    State
    Missouri
    Longitude
    -90.7447657
    Latitude
    38.7403343

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    FAQs

    What type of property is this?
    Land - 1.7-acre corner lot, high visibility.
    Where is this land located?
    The property is located at Phoenix Pkwy & Technology Dr O'Fallon, MO.
    What is the asking price?
    The asking price for this property is $196,020.
    What are key features of this property?
    This property features: Easy access to I-64/Highway 40 via Winghaven Boulevard.; Excellent visibility to approx. 52,000 vehicles daily on I-64/Highway 40.; Located near abundant dining, hospitality, and retail amenities.
    (314) 584-6253
    Request Owner's contact information
    Phoenix Pkwy & Technology Dr 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
    Phoenix Pkwy & Technology Dr O'Fallon, MO 63368
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