8703 Metropolitan Blvd Pevely, MO 63070
- Commercial real estate
- 10.11 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 8703 Metropolitan Blvd
- Lot size
- 10.11 lot acres
- Property type
- Commercial real estate
- APN
- 11-6.0.13.0-0-000-002.02
Description
This exceptional 10.11-acre commercial land development opportunity in Jefferson County, Missouri, presents a unique investment prospect. Located at 8703 Metropolitan Blvd, Pevely, MO 63070, this property boasts unparalleled visibility from Interstate 55, experiencing over 40,000 vehicles per day, ensuring high exposure for any development. The site comprises five distinct parcels and is zoned R-40 residential, offering flexibility for a variety of projects, including residential communities, commercial ventures, or mixed-use developments. Its location in unincorporated Jefferson County provides regulatory flexibility while benefiting from the area's growth. Adding to its appeal, three renovated homes are currently on the site, offering immediate rental income potential. The property's land value is $3.06 per square foot, with an asking price of $1,199,000. An Alta survey is available. The property's APN is 11-6.0.13.0-0-000-002.02. This prime location, combined with its zoning and existing structures, makes this a truly compelling investment opportunity. The property is conveniently located adjoining Pevely, MO, at the intersection of I-55 and Highway Z.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pevely
- County
- Jefferson
- State
- Missouri
- Longitude
- -90.405513214574
- Latitude
- 38.291472611679
