001 Happy Sac Rd Union, MO 63084
This exceptional 30-acre commercial land parcel in St. Clair, Missouri, presents a prime residential development opportunity. Located on E. Happy Sac Road, conveniently near Highway 47 and just a short distance from Highway 44, this property boasts a highly desirable location. The land has already undergone significant preparation, including city approval and platting for 76 lots, with two already developed. Utilities are largely in place, with electric, water, sewer, and internet services installed along the eastern portion of the development. Natural gas is readily accessible. While a pump station is needed for complete sewer coverage, the groundwork is substantially complete. The lots themselves, ranging from 10,000 to 20,000 square feet (mostly 10,000-12,000 sq ft), are surveyed and marked, ready for immediate construction. Sixteen lots are approved for duplexes, offering further development flexibility. Detailed engineered plans are available for qualified buyers. This well-maintained property, with its favorable topography and existing infrastructure, presents a unique chance to complete a nearly finished residential subdivision in Franklin County, Missouri, and offers significant "Build For Rent" potential. The asking price is $824,000. The property is zoned for residential use and has a 63084 zip code.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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