21850 Veterans Memorial Pkwy Foristell, MO 63348
This exceptional 0.89-acre commercial lot is strategically located at 21850 Veterans Memorial Pkwy in Foristell, Missouri, zip code 63348, (APN: 4-0077-A377--00-0002.000000) offering unparalleled visibility and accessibility from I-70, Exit 203. The property boasts a Hwy Commercial zoning designation, making it perfectly suited for a quick-service restaurant (QSR). Its prime location is situated between a McDonald's co-branded C-store and a Missouri Bank, ensuring high traffic and brand synergy. This presents a unique investment opportunity, especially considering the significant economic growth in the area. American Foods Group is constructing a $750 million plant just 1.5 miles east, bringing 1,300 new jobs by 2024. This influx of workers will dramatically increase demand for convenient services, making this lot an exceptionally attractive proposition for QSR development. The asking price for this exceptional property is $600,000. The property is being offered for sale by owner. This is a build-to-suit ground lease opportunity.
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
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Risks
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