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    Property profile & analytics

    4249 Keaton Crossing Blvd O'Fallon, MO 63368

    • Super regional malls
    • 27,621 SF
    • 4.64 lot acres
    For Sale
    View listing
    Last Sale
    Oct 15, 2021
    $4,800,000
    Value Estimations
    Cap Rate Potential
    9.3%
    Super regional malls
    Location Intelligence
    Property ID
    US48-0855842
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Super regional malls

    Property Details for 4249 Keaton Crossing Blvd

    Year built
    2002
    Lot size
    4.64 lot acres
    Property size
    27,621 SF
    Property type
    Super regional malls
    APN
    3-157C-A251-00-0002.0000000
    APU
    3157CA2510000020000000

    Description

    This exceptional 1-acre commercial land parcel, located at 4249 Keaton Crossing Blvd in O'Fallon, Missouri (zip code 63368), presents a remarkable opportunity for developers and investors. Situated in St. Charles County, this pad-ready lot boasts all utilities readily available on-site, eliminating significant upfront development costs. The property benefits from off-site detention, simplifying the permitting process. Its strategic location offers unparalleled convenience, with proximity to major thoroughfares like Highway K and Highway 64, ensuring high visibility and accessibility. The lot is adjacent to a bustling retail shopping center, anchored by established businesses such as Cracker Barrel, Walgreens, and Starbucks, guaranteeing a strong customer base and high foot traffic. Furthermore, Progress West Hospital and Citi Progress Point are conveniently located approximately one mile south of the property, adding to the area's robust economic activity. A new survey and parcel ID are in the process of being created. This property is ideal for a variety of commercial developments, offering significant potential for return on investment. Don't miss this chance to secure a prime location in a rapidly growing area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,405,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $8,390,000
      6.5%
      $7,745,000
      7%
      $7,190,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,389,000
      Market price range: $2.64M - $4.68M
      AI Estimate
      $4,389,000
      Market price range: $2.64M - $4.68M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $3,925,000
      Current use
      MEDICAL BUILDING
      $5,360,000
      Change: +37% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $4,785,000
      Change: +22% Conversion: Difficult
      RETAIL STORES
      $4,610,000
      Change: +18% Conversion: Easy
      OFFICE BUILDING
      $3,925,000
      Change: -0% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $3,570,000
      Change: -9% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    O Fallon
    County
    St. Charles
    State
    Missouri
    Longitude
    -90.6998
    Latitude
    38.7249
    CBSA code
    41180
    CBSA name
    ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $0.00
    $0.00
    $954,792
    -
    $1,591,679
    $1,392,045
    $2,983,724

    Comparable in this City

    • Value Estimation by Request
      8,168 SF

      7321 Vlg Ctr Dr

      REGIONAL SHOPPING CENTER, MALL • 8,168 SF
      7321 Vlg Ctr Dr, O Fallon, MO 63368-4765
      View Details
    • Value Estimation by Request
      16,030 SF

      1646 Bryan Rd

      REGIONAL SHOPPING CENTER, MALL • 16,030 SF
      1646 Bryan Rd, Dardenne Prairie, MO 63368-4897
      View Details
    • Value Estimation by Request
      9,000 SF

      2917 Hwy K K

      REGIONAL SHOPPING CENTER, MALL • 9,000 SF
      2917 Hwy K K, O Fallon, MO 63368-7979
      View Details
    • Value Estimation
      $2,615,000
      16,900 SF

      2695 Hwy K K

      REGIONAL SHOPPING CENTER, MALL • 16,900 SF
      2695 Hwy K K, O Fallon, MO 63368-7865
      View Details
    • Value Estimation by Request
      167,090 SF

      Hwy K K

      REGIONAL SHOPPING CENTER, MALL • 167,090 SF
      Hwy K K, Ofallon, MO 63368
      View Details
    • Value Estimation by Request
      46,500 SF

      931 Waterbury Fls Dr

      REGIONAL SHOPPING CENTER, MALL • 46,500 SF
      931 Waterbury Fls Dr, O Fallon, MO 63368
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      16,117 SF

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      Prime 0.37-acre commercial lot, ready to build.
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      View Details
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      Brewery and Restaurant Opportunity

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      0.37 Acres

      O'Fallon, MO Retail Outlot For Sale

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    • $1,900,000
      10.09 Acres

      O'Fallon, MO Commercial Land

      10 Acres, High-Traffic Location, $1.9M
      0 Technology Dr & Post Rd, O'Fallon, MO 63368
      View Details
    • $4,214,865
      20.50 Acres

      O'Fallon, MO Commercial Land

      20.5 Acres, Mixed-Use Development
      7166 Outer 364, O'Fallon, MO 63368
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      1,470 SF

      O'Fallon Retail Center Space

      Retail spaces available in a prime O'Fallon location.
      4247-4279 Keaton Crossing Blvd, O Fallon, MO 63368
      View Details
    • Contact for pricing
      3,018 SF

      Retail Space Near Industrial Park

      Retail space with high visibility and ample parking available.
      929-991 Waterbury Falls Dr, O Fallon, MO 63368
      View Details
    • Contact for pricing
      38,685 SF

      Retail Space in High-Traffic Area

      38,685 SF retail space in St. Charles County.
      2601 Highway K, O Fallon, MO 63368
      View Details
    • Contact for pricing
      280,919 SF

      Prime O'Fallon Retail Space

      1,400 SF Available in Power Center
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      View Details
    • Contact for pricing
      31,319 SF

      O'Fallon Retail Center Investment

      Prime O'Fallon, MO retail space.
      2421-2509 State Hwy, O'Fallon, MO 63368
      View Details
    • $5 SF/Yr
      75,461 SF

      Laboure Centre Retail Space in O'Fallon, MO

      Prime O'Fallon retail space, multiple units available.
      0 Hwy K & Technology Dr, O'Fallon, MO 63368
      View Details
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    4249 Keaton Crossing Blvd
    O'Fallon, MO 63368
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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