Property profile

2111-2115 Redman Rd Spanish Lake, MO 63138

OFF-MARKET
Retail properties & Spaces
2,460 SF 1.27 ac lot
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Property summary

AI-generated overview

This exceptional commercial property, located at 2111-2115 Redman Road in Spanish Lake, Missouri, presents a unique investment opportunity. The 1.27-acre lot boasts a prominent corner location at the intersection of Redman and Benham Roads, offering excellent visibility and accessibility. The property includes a 2,460 square foot building, previously used as a car wash, providing immediate potential for redevelopment or repurposing. The C8 zoning allows for a variety of commercial uses, making this site highly versatile. The property's convenient location provides easy access to major highways 367 and 270, ensuring high traffic flow and excellent exposure to a large customer base. This is a rare opportunity to acquire a substantial commercial property in a desirable St. Louis County location, with the potential for significant return on investment. The asking price is $135,000. The property consists of two parcels totaling approximately 1.27 acres, offering ample space for expansion or future development. Its strategic location and flexible zoning make it an ideal investment for both established businesses and new ventures seeking a high-traffic, easily accessible location in the St. Louis metropolitan area. The zip code is 63138.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,460 SF
Lot 1.27 ac (55,321 SF)

Cap rate & NOI

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

Location

2111-2115 Redman Rd Spanish Lake, MO 63138
Spanish Lake 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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