Property profile

1440 Prospect Rd Lake Saint Louis, MO 63367

OFF-MARKET
Land
1.03 ac lot
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Property summary

AI-generated overview

This exceptional 1.03-acre commercial land parcel presents a unique investment opportunity in the rapidly expanding Lake Saint Louis, Missouri market. Strategically located at the intersection of I-64, Prospect Road, and Civic Center Drive (North Outer Road), this property boasts unparalleled accessibility and visibility. The site is already rough-graded and largely level, simplifying development. It's zoned C1 PUD, offering a wide range of permitted uses (detailed zoning information available at the provided link). Essential utilities are readily available, with public water and sanitary sewer lines extending to the property line. Furthermore, offsite storm water management is in place, and a curb cut provides convenient access to both Prospect Road and Civic Center Drive. The property's location within a thriving community, coupled with numerous nearby new construction projects, underscores its significant growth potential. The asking price is $670,759, translating to $14.95 per square foot. This represents a compelling investment in a high-demand area with excellent infrastructure and convenient highway access. Don't miss this chance to secure a prime location for your next commercial venture.

Property profile

Verified
Property type Land
Lot 1.03 ac (44,867 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1440 Prospect Rd Lake Saint Louis, MO 63367
Lake Saint Louis metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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