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    FOR SALE
    Commercial real estate

    812 Corporate Centre Dr, O Fallon, MO 63368

    7.6 ac lot
    Entity Owned 4-yr Hold
    Property ID
    US48-0479766
    812 Corporate Centre Dr, O Fallon, MO 63368 For Sale
    $995,000
    812 Corporate Centre Dr, O Fallon, MO 63368
    View Listing →
    Property summary
    AI-generated overview

    This exceptional 7.6-acre commercial land parcel presents a unique development opportunity in O'Fallon, Missouri. Located at 812 Corporate Centre Drive, this property boasts a highly desirable HTCD (High Tech Corridor District) zoning, ideal for a variety of commercial ventures. The site offers unparalleled access to major transportation arteries, including Interstate 64 and Highway 40, ensuring seamless connectivity for businesses and employees. The area is experiencing significant population growth and is home to numerous large employers such as Progress West - BJC Hospital, MasterCard International, Citi, and Nortek Global HVAC, creating a robust and thriving business environment. The asking price is $1,241,460, translating to $3.75 per square foot. The 2023 real estate taxes were $60.16. This strategic location, coupled with its advantageous zoning and proximity to key infrastructure and major employers, makes this property an exceptional investment prospect for developers seeking to capitalize on the region's dynamic growth. The land's size and zoning provide ample flexibility for a wide range of commercial developments, catering to the needs of a diverse business community. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly expanding market.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 7.6 ac (331,056 SF)
    UPID US48-0479766
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Krr Holdings LLC · 4 yrs held
    Krr Holdings LLC
    since 2022
    1 recorded transaction
    2022
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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