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    FOR SALE
    Commercial land

    1381 E Woodlawn Dr, Farmington, MO 63640

    2.91 ac lot
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US48-1439692
    Property summary
    AI-generated overview

    This exceptional 18.65-acre commercial land parcel presents a remarkable development opportunity in rapidly growing St. Francois County, Missouri. Strategically situated at the entrance to the expansive 8,243-acre St. Joe State Park, this property benefits from significant annual visitation exceeding 620,000 visitors and 10,000 campers. The park's diverse recreational amenities, including camping, equestrian trails, ATV/UTV riding areas, hiking/biking trails, and multiple lakes, ensure consistent high traffic and visibility. The property's C-C1 and Residential zoning allows for a wide range of development possibilities. Potential uses include, but are not limited to, convenience stores, short-term rental facilities, car dealerships, mixed-use developments, hospitality ventures, multifamily housing, campgrounds, and retail establishments. Further enhancing its appeal, this location is within a Tax Increment Financing (TIF) District, fostering additional development and investment incentives. The address is 1381 E Woodlawn Dr, Farmington, MO 63640. This prime location offers unparalleled potential for significant return on investment. The property's size and strategic location make it an ideal candidate for a variety of commercial and residential projects, capitalizing on the substantial tourism and recreational activity generated by the adjacent state park.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 2.91 ac (126,760 SF)
    APN 09-50-15-00-000-0041.05
    UPID US48-1439692
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    LM MILLS LLC
    LM MILLS LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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