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    Property profile & analytics

    6690 Keaton Corporate Pkwy O'Fallon, MO 63368

    • Commercial real estate
    For Sale
    View listing
    $250,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-0473791
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 6690 Keaton Corporate Pkwy

    Property type
    Commercial real estate

    Description

    This exceptional opportunity presents two 2.5-acre commercial land parcels, ideally situated within a thriving O'Fallon, Missouri office park at 6690 & 6696 Keaton Corporate Parkway. Each parcel is priced at $250,000 and is zoned for commercial use. The sale includes a complete set of blueprints for a 10,000 square foot building, making it a turnkey solution for developers. These pad-ready lots boast all utilities and off-site detention, simplifying the construction process. The location offers unparalleled convenience, with easy access to Highways K and 40. Nearby establishments include Cracker Barrel, McDonald's, Walgreens, Starbucks, and Progress West Hospital, ensuring high visibility and strong potential for attracting clientele. The property benefits from its proximity to Progress West Hospital and Citi Progress Point (approximately one mile south), and is surrounded by a mix of commercial, industrial, and residential developments. Across from Waterbury Falls Center and adjacent to Yateem Legacy Shopping Center, this location offers excellent exposure. A new survey and parcel ID will be created. The owner is open to considering a build-to-suit leaseback for a 10,000 square foot building. This is a rare chance to acquire prime commercial land in a high-demand area. Don't miss this opportunity to establish your business in a vibrant and rapidly growing community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    O'Fallon
    County
    St Charles
    State
    Missouri
    Longitude
    -90.7011239
    Latitude
    38.724676

    Comparable in this City

    • $4,214,865
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      O'Fallon, MO Commercial Land

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      7166 Outer 364, O'Fallon, MO 63368
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    • $1,900,000
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      O'Fallon, MO Commercial Land

      10 Acres, High-Traffic Location, $1.9M
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    • $1,893,553
      1.61 Acres

      O'Fallon Commercial Land - Lot 4C

      1.61-acre commercial lot, prime location.
      4751 State Hwy, O'Fallon, MO 63368
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    • Contact for pricing
      1.95 Acres

      O'Fallon, MO Commercial Land Site

      1.95-acre pad site; prime commercial location.
      3019 Winghaven Blvd, O'Fallon, MO 63368
      View Details
    • $1,250,000
      1.16 Acres

      O'Fallon, MO Commercial Land Parcel

      Prime 1.16-acre commercial lot, ideal for development.
      3435 State Hwy, O'Fallon, MO 63368
      View Details
    • $2,939,428

      Land Parcel Near I-64

      Land with easy access, utilities, and division option.
      8100 Phoenix Pkwy, Lake St Louis, MO 63368
      View Details

    Similar Nearby for Sale

    • $4,214,865
      20.50 Acres

      O'Fallon, MO Commercial Land

      20.5 Acres, Mixed-Use Development
      7166 Outer 364, O'Fallon, MO 63368
      View Details
    • $1,900,000
      10.09 Acres

      O'Fallon, MO Commercial Land

      10 Acres, High-Traffic Location, $1.9M
      0 Technology Dr & Post Rd, O'Fallon, MO 63368
      View Details
    • $1,893,553
      1.61 Acres

      O'Fallon Commercial Land - Lot 4C

      1.61-acre commercial lot, prime location.
      4751 State Hwy, O'Fallon, MO 63368
      View Details
    • Contact for pricing
      1.95 Acres

      O'Fallon, MO Commercial Land Site

      1.95-acre pad site; prime commercial location.
      3019 Winghaven Blvd, O'Fallon, MO 63368
      View Details
    • $1,250,000
      1.16 Acres

      O'Fallon, MO Commercial Land Parcel

      Prime 1.16-acre commercial lot, ideal for development.
      3435 State Hwy, O'Fallon, MO 63368
      View Details
    • $2,939,428

      Land Parcel Near I-64

      Land with easy access, utilities, and division option.
      8100 Phoenix Pkwy, Lake St Louis, MO 63368
      View Details

    Similar Nearby for Lease

    • $2,500,000

      Land in Prime Location

      Land available for sale, lease, or build to suit.
      Waterbury Falls Dr, O Fallon, MO 63368
      View Details
    • Contact for pricing

      Land Available Near I-64

      Commercial land available for ground lease or build-to-suit.
      Caledonia Dr, O Fallon, MO 63368
      View Details
    • Contact for pricing

      O'Fallon, MO Commercial Land Parcel

      Prime 3.79-Acre Commercial Lot
      0 Waterbury Falls Dr, O'Fallon, MO 63368
      View Details
    • $21 SF/Yr

      Corner Lot in Winghaven

      Corner lot suitable for retail, office, bank, or restaurant.
      7730 Winghaven Blvd, O Fallon, MO 63368
      View Details
    • $765,000

      1.95 Acres For Lease

      1.95 acres available for sale, lease, or build-to-suit.
      3019-3037 Winghaven Blvd, O Fallon, MO 63368
      View Details
    • $500,000

      Retail Pad Ready Lot

      0.94 AC pad ready lot in busy retail area.
      4249 Keaton Crossing Blvd, O Fallon, MO 63368
      View Details
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    6690 Keaton Corporate Pkwy
    O'Fallon, MO 63368
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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