K State Hwy O'Fallon, MO 63366
This exceptional 1.84-acre commercial land parcel presents a unique investment opportunity in O'Fallon, Missouri. Strategically located on the heavily trafficked Highway K retail corridor, this property boasts 60,695 vehicles per day, ensuring high visibility and accessibility. The site benefits from convenient access via two lighted intersections and a dedicated curb cut on Hwy K, allowing for easy ingress and egress. Zoned C-2 within the city of O'Fallon, permitted uses include a wide range of commercial ventures such as retail, office, and medical facilities. All utilities are available on-site. The property's prime location directly behind established businesses like Oberweis, That Burger Joint, and Woodgrain Pizzeria, with cross-access from adjacent commercial lots, provides immediate synergy and enhanced visibility. This location offers excellent connectivity to major thoroughfares including I-70, the Page Avenue Extension, and I-64, further enhancing its appeal. The surrounding area exhibits strong demographics, characterized by a high population density, substantial daytime population, and a robust median income, making it an ideal location for a variety of commercial developments. The property's APN is 2-0061-C946-00-0002.0000000. Asking price is $850,000.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.