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48 Wolfrum Rd Weldon Spring, MO 63304-7805

OFF-MARKET Investment properties Google Maps
17.29 ac lot Built 1920
Trust Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$240k
Range $216k – $264k (±10%)
Property ID US48-1466207

Property summary

AI-generated overview

This exceptional 25.27-acre commercial land parcel presents a rare development opportunity in Weldon Spring, Missouri. Strategically located in the St. Charles submarket, this "high & dry" site boasts over a quarter-mile of frontage along Interstate 64, enjoying exceptional visibility with 91,833 vehicles passing daily. Its prime location offers immediate access to I-64, placing it just one mile from Chesterfield Valley and ten miles from Interstate 70 and the GM Assembly Plant. The property is adjacent to Missouri Research Park, a thriving 200-acre business park housing technology and research-based companies, ensuring a strong surrounding business community. Zoned for High Tech Office ('HTO') use, permitted uses include a wide range of commercial ventures, from office and research facilities to healthcare, entertainment, and hospitality. Conditional uses also allow for light industrial, data centers, and restaurants. Utilities are readily available, and the site dimensions are approximately 1,400' x 850'. The land is priced at $3.50 per square foot, totaling $3,852,664. This presents a unique chance to capitalize on this high-demand location and develop a thriving commercial project. The site's size, location, and zoning make it ideal for a variety of commercial developments.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1920
Lot 17.29 ac (753,152 SF)
APN 3-0058-A182-00-0001.0000000
UPID US48-1466207

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Party Supply Store (Bike/Boat/Book/etc) Store
  • Big Box & Wholesale Store
  • Hat Shop
  • (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2017
5 recorded transactions
2017
Price N/A
2015
Price N/A
2014
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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