0 Point Prairie Rd Wentzville, MO 63348
This exceptional 8.017-acre commercial land parcel presents a remarkable investment opportunity in the rapidly expanding Wentzville, Missouri area. Located at the signalized corner of W. Meyer Road and N. Point Prairie Road in unincorporated St. Charles County, this property offers significant potential for development. The land is zoned for C-2, C-3, or mixed-use PUD, allowing for a variety of commercial and/or residential uses. While annexation into Wentzville is required for public utilities, the property boasts significant advantages. A public sanitary sewer manhole is situated on an adjacent property with an existing utility easement, and public water access is available in easements along the west side of N. Point Prairie and the north side of W. Meyer Road. The site benefits from likely full access curb cuts on both roads. The owner is open to subdividing the hard corner at a negotiable price of $17/sf, allowing for flexibility in size and configuration. This location offers unparalleled visibility and accessibility, situated directly across from Wentzville School District's new North Point Middle and High Schools. Furthermore, its proximity to the planned David Hoekel Parkway (DHP) Phase 2 D extension, scheduled for completion in 2024, promises enhanced connectivity and increased traffic flow. The DHP will connect the new DHP/I-70 interchange to W. Meyer Road, eventually serving as a traffic outerbelt from I-70 to Hwy 61. The 2023 real estate taxes were $2,918. The asking price for this exceptional property is $2,758,842, with a land value of $7.90/SF.
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
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Property description
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No recorded transactions found for this property.
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Risks
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