2601 Highway 109 Wildwood, MO 63040
This exceptional 7.32-acre commercial land parcel presents a remarkable development opportunity in the affluent St. Louis suburb of Wildwood, Missouri. Located at the signalized intersection of Highway 109 and Manchester Road, this corner lot boasts unparalleled visibility and accessibility. The property sits directly across from the new St. Louis Community College – Wildwood Campus and the Wildwood YMCA, ensuring high daily traffic and a substantial potential customer base. Its strategic location is further enhanced by its adjacency to Wildwood Square retail center and proximity to Westridge Center professional office park, and just one block south of the Reserve at Wildwood, a new 132-home residential development. The site offers potential for out parcels, making it highly versatile for various development scenarios. This location is ideal for mixed-use projects, retail establishments, professional or medical offices, and daycare facilities. The city's Town Center Plan designates this area as a "Workplace District," reflecting its strategic importance for commercial growth. The surrounding area demonstrates exceptional affluence, with average household incomes exceeding $121,000 within a one-mile radius and reaching $164,000 within a three-mile radius. This property represents a unique investment opportunity with significant potential for substantial returns. The asking price is $2,400,000. The property is zoned for commercial use and located in the 63040 zip code of St. Louis County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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