1321 Shapiro Dr Festus, MO 63028-2371
This exceptional 1.59-acre commercial land parcel presents a remarkable investment opportunity within the thriving Festus Commerce & Business Center, located in Jefferson County, Missouri, at 1321 Shapiro Dr, Festus, MO 63028. Boasting over 275 feet of highly visible frontage along Interstate 55, this property offers unparalleled exposure to a substantial daily traffic volume. The site is zoned B2, allowing for a wide range of commercial development possibilities. The asking price is $750,000, translating to a land value of $11.50 per square foot. This strategically located lot benefits from its proximity to established businesses such as Planet Fitness, Texas Roadhouse, and Kentucky Fried Chicken, further enhancing its appeal and potential for strong returns. Future development plans include a Hampton Inn, solidifying the area's growth trajectory. The property's APN is 19-3.0-07.0-3-002-001.01. All utilities are readily available, and the possibility of build-to-suit options exists. The lot is also divisible, providing flexibility for various development scenarios. This is a truly exceptional opportunity to secure a prime commercial site in a rapidly developing area with excellent visibility and access. Don't miss this platinum opportunity to establish your business in a high-traffic location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.