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26675828
30964010

2696 Babble Creek Ln, O'Fallon, MO 63368

SS
MO MO 1999023802
KW Commercial St. Charles, MO
Listed by KW Commercial St. Charles, MO
$1,050,000
331 days on market
Updated 79 days ago

Waxed Car Wash

Details
APN 2-0067-7557-00-000B.0000000
Property Type Land, Mixed Use (+3)
Sub Type Bank, Car Wash (+1)
Square Footage 3,504
Units 1
NOI $40,000
Occupancy 100%
Price per SqFt $300
Year Built 1996
Buildings 1
Lot Size (SqFt) 40,075
Zoning C-2 General Business District
Investment Type Redevelopment

Land | 40,075 SqFt

Marketing description

This exceptional .92+/- acre redevelopment property is located at the Northwest corner of Hwy K and Babble Creek Lane in O'Fallon, MO. Freddy's restaurant is adjacent and located on the Southwest corner making this a highly desirable explosive commercial corridor with high visibility, and easy access with a center turn lane on Hwy K. Currently, the site is operating as a car wash. This versatile retail or commercial location offers incredible potential for redevelopment for a variety of other retail or commercial uses. Property is on the market and is subject to a Pending Mutual Release of Earnest Money.

Current Zoning is C-2 General Business District. The future land use plan calls for general retail and office on the property.

Investment highlights

Exceptional property located right on the highly desirable Hwy K. High visibility, easy access. Currently operating as a car wash. This versatile space offers incredible potential for expansion or conversion into a variety of other business ventures. Fantastic opportunity for entrepreneurs, investors, or business owners seeking a high traffic location with flexible options.

Current Zoning is C-2 General Business District. The future land use plan calls for general retail and office on the property.

Listing Contacts

SS
MO MO 1999023802
KW Commercial St. Charles, MO
Listed by KW Commercial St. Charles, MO

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$40,000.00
$3,333.33/mo

Valuation Metrics

0
DSCR
3.81%
Cap Rate
3.81%
ROI

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Additional Information

Name
Scott Sacco
License
MO 1999023802
Brokerage
Keller Williams Realty West
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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