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    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
    AI Approach AI
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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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