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    OFF-MARKET
    Land

    47 Hwy, Warrenton, MO 63383

    5.6 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5.6-acre commercial land parcel in Warrenton, Missouri, presents a remarkable investment opportunity. Located on North Highway 47 and Ash, this C-2 zoned property boasts over 1,000 feet of road frontage, ensuring high visibility and accessibility. The site benefits from existing utilities, making development seamless. Its strategic location is further enhanced by its proximity to a newly approved 242-unit apartment complex and an adjacent site slated for a new elementary school, resulting from the passage of Proposition 3 in Warren County R-III. This development will significantly increase traffic and demand in the immediate area. The property is only a mile from the Warrenton Athletic Complex, adding to its appeal. Surrounding properties include a mix of established and new residential developments, as well as farmland, suggesting a dynamic and growing community. The property's versatility allows for various commercial uses, including a convenience store, strip center, or mixed-use development. Newly installed sidewalks further enhance the property's appeal and pedestrian accessibility. This is a rare opportunity to acquire prime commercial acreage in a rapidly developing area. The asking price is $345,000.

    Property profile
    Verified
    Property type Land
    Lot 5.6 ac (243,936 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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