10040 State Route O New Offenburg, MO 63670
This exceptional 7.61-acre commercial land parcel presents a remarkable investment opportunity in New Offenburg, Missouri. Located at 10040 State Route O, this property boasts an unparalleled location in the southeast quadrant of I-55 and Highway O (Exit 154), ensuring exceptional visibility and accessibility. The asking price is $650,000, translating to a land value of $1.95 per square foot. Its strategic position offers significant advantages for developers seeking high-traffic exposure. Ideal for a convenience store or retail development, this site is primed for immediate construction. The property is situated in Ste. Genevieve County, Missouri, with a zip code of 63670. Given its size and location, this land parcel represents a rare chance to capitalize on a high-demand area with excellent highway exposure, making it an attractive proposition for investors and developers alike. The property's coordinates are 37.973511 latitude and -90.1918964 longitude. This is a turnkey opportunity to establish a thriving commercial venture in a rapidly growing region.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.