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    OFF-MARKET
    Land

    8967 State Rte, Lake Saint Louis, MO 63367

    5.12 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5.12-acre commercial land parcel presents a remarkable investment opportunity in the desirable Lake St. Louis, Missouri area. Located at 8967 State Route N, zip code 63367, this property boasts a strategic location with convenient access to major roadways and amenities. The land is zoned for residential use, offering flexibility for a variety of commercial developments. Preliminary assessments suggest ideal uses include retail establishments, outdoor storage facilities, retirement communities, or apartment complexes. The property's size and zoning provide significant potential for substantial returns. All utilities are readily available, simplifying the development process. The asking price is $1,115,136, translating to a land value of $5 per square foot. Prior approvals exist for outdoor boat and RV storage, indicating a clear path for certain development projects. This property is situated in St. Charles County and offers a unique blend of location, size, and zoning potential, making it an attractive proposition for discerning investors seeking a high-impact commercial venture. The property's proximity to Lake St. Louis further enhances its appeal and potential for attracting a diverse clientele. This is a rare opportunity to acquire a significant land parcel in a thriving Missouri community.

    Property profile
    Verified
    Property type Land
    Lot 5.12 ac (223,027 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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