8400 Veterans Memorial PkwyO'Fallon, MO 63366

  • Other commercial real estate
  • 1,186 SF
For Sale

Property Details for 8400 Veterans Memorial Pkwy

Year built
1930
Lot size
1.17 AC
Property size (Sq ft)
1,186 SF
Zone code
AE8
Property type
Other commercial real estate
APN
2-056C-S028-00-0025.0000000
APU
2056CS0280000250000000

Description

This exceptional 3.95-acre parcel at 8400 Veterans Memorial Parkway in O'Fallon, Missouri, presents a unique redevelopment opportunity. Located in St. Charles County, zip code 63366, this strategically positioned land offers unparalleled visibility and accessibility, making it ideal for a diverse range of commercial, retail, or mixed-use projects. The property features two existing buildings, each two stories high, providing potential for adaptive reuse or demolition to accommodate new construction. The permitted zoning is classified as "C," allowing for considerable flexibility in development plans. This rapidly growing area of O'Fallon boasts significant daily traffic volume and a strong demographic profile, ensuring high foot traffic and a vibrant customer base. The site's proximity to established retail centers and residential neighborhoods further enhances its appeal and potential for success. This is a rare chance to capitalize on the thriving O'Fallon market and create a development that meets the evolving needs of the community. The property's location at the intersection of Veterans Memorial Parkway offers excellent visibility and convenient access for customers and employees. This prime location is an exceptional investment opportunity for developers seeking to build upon the existing infrastructure and contribute to the continued growth of O'Fallon.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $363,191
    Hospitality
    $332,681
    Educational
    $276,787
    Medical
    $286,306
    Retail
    $430,557
8400 Veterans Memorial Pkwy, O'Fallon, Missouri

Location Insight

City
O Fallon
County
St. Charles
State
Missouri
Latitude
38.7985
Longitude
-90.6908
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
-
-
$17,251
-
$42,046
$11,862
$53,908

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