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    OFF-MARKET
    Commercial land

    2133 Gilmore Ln, Wentzville, MO 63385

    93.27 ac lot
    Trust Owned 6-yr Hold
    Property ID
    US48-0485799
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial land
    Lot 93.27 ac (4,062,841 SF)
    UPID US48-0485799
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Tochtrop,henry Family Trust · 6 yrs held
    Tochtrop,henry Family Trust
    since 2019
    1 recorded transaction
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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