605 23 Hwy, Knob Noster, MO 65336
This exceptional commercial property offers a 28,000 square foot developed pad site, ideally located at the northwest quadrant of Highway 50 and Route 23 in Knob Noster, Missouri. Boasting excellent visibility and access from the Whiteman Air Force Base diamond interchange, this site benefits from its elevated position providing maximum signage visibility. The property includes all utilities, and portions are within one foot of final grade, minimizing development costs. The site is highly flexible, adaptable to various end-user needs. A smaller, 28,000 square foot parcel along Route 23 is also pad-ready, with a front service road already installed. Community Improvement District (CID) incentives and potential property tax rebates are available, further enhancing the investment opportunity. This location is strategically positioned across the highway from Knob Noster State Park and adjacent to established businesses such as Dollar General and McDonald's, which report sales exceeding $1.2 million and $2.4 million annually, respectively (exact figures to be verified). The property's proximity to Whiteman Air Force Base, home to the new B-21 Fighter Wing, and the city's ongoing $62 million investment in a new high school and athletic facilities, ensures strong future growth potential. The 4.13-acre site along Irish Lane (Highway 50) offers additional development possibilities. The asking price is $224,000, or $8 per square foot. The property is zoned for commercial use and is owned by 50 & 23, LLC. The lot size is 28,000 square feet.
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
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.