2133 Gilmore Ln, Wentzville, MO 63385
This exceptional 93.27-acre parcel in Wentzville, Missouri, presents a significant development opportunity. Located at 2133 Gilmore Lane, this predominantly level site boasts immediate ingress and egress to Interstate 70, providing unparalleled accessibility. Currently zoned agricultural, the property is planned for rezoning to accommodate light or heavy industrial uses, opening doors to a wide range of development possibilities. Utilities are conveniently located nearby. The site is potentially divisible, offering flexibility for various project scales. The asking price is $9,500,000, translating to $2.33 per square foot. 2022 real estate taxes, based on the current agricultural zoning, were $525. This strategic location in St. Charles County, with its zip code 63385, offers exceptional potential for investors seeking a high-impact industrial development project. The property's size and highway proximity make it an ideal location for warehousing, manufacturing, or distribution centers. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.