0 N & Ridgeway Dr, O'Fallon, MO 63367
This exceptional 1.06-acre commercial lot presents a remarkable investment opportunity in the thriving Lake St. Louis, Missouri market. Located at the intersection of Highway N and Ridgeway Drive, this development-ready site boasts a strategic position within a dynamic, high-growth corridor. The property is ideally situated adjacent to the established Hawk Ridge Village Commercial District and the Shoppes at Hawk Ridge, ensuring high visibility and convenient access to a substantial customer base. Zoned CO-PUD, this parcel offers significant flexibility for a variety of commercial developments. Public water and sewer services are readily available on-site, simplifying the development process and minimizing upfront costs. Furthermore, off-site storm water detention is already in place, eliminating a significant hurdle in the development timeline. The property benefits from an internal access road from Ridgeway Drive, constructed by the current owner, providing convenient ingress and egress. A new bank building is planned for an adjacent lot, further enhancing the area's appeal and attracting additional foot traffic. With a land value of $19.95 per square foot and an asking price of $919,665, this property represents an exceptional value in a prime location poised for significant growth. This is a rare opportunity to acquire a fully serviced, strategically located commercial lot in a rapidly expanding area of St. Charles County, Missouri. The property's location within the Highway N corridor project, a significant infrastructure development, promises continued growth and increased property value.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.