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    OFF-MARKET
    Investment properties

    48 Wolfrum Rd, Weldon Spring, MO 63304-7805

    17.29 ac lot Built 1920
    Trust Owned 8-yr Hold Absentee Owner ~ Est. High Equity
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (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
    by Request
    Owner & transaction history
    Bender,melba L Trust · 8 yrs held
    Bender,melba L Trust
    since 2017
    5 recorded transactions
    2017
    2015
    2014
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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