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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

605 23 Hwy Knob Noster, MO 65336

28,000 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 28,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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