0 Shapiro Dr Festus, MO 63028
This exceptional 2.66-acre commercial and industrial land parcel presents a unique investment opportunity in Festus, Missouri. Strategically located along Interstate 55, this property boasts unparalleled visibility and accessibility. Zoned CT1, it allows for a diverse range of development options, including retail, office, industrial, multi-family residential, assisted living facilities, and hotels. The site's prime location offers easy access to major transportation arteries, placing businesses within reach of a substantial consumer base. Neighboring established businesses such as Lowe's, RP Lumber, and Planet Fitness further enhance the property's desirability and potential for synergistic growth. The land is priced at $10 per square foot, representing a compelling value proposition for developers seeking a high-impact location in a thriving market. With its versatile zoning and strategic location, this property is poised for significant future appreciation and offers a rare chance to capitalize on the growing demand for mixed-use developments in the Festus area. The address is on Shapiro Drive, Festus, Missouri, zip code 63028, in Jefferson County. This is a truly exceptional opportunity for investors and developers seeking a high-return investment in a dynamic and rapidly developing area.
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.