For Sale
$919,665

N & Ridgeway Dr O'Fallon, MO 63367

1.06-acre lot, Hwy N & Ridgeway Dr

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 1.06-acre commercial lot presents a remarkable investment opportunity in the thriving Lake St. Louis, Missouri market. Located at the intersection of Highway N and Ridgeway Drive, this development-ready site boasts a strategic position within a dynamic, high-growth corridor. The property is ideally situated adjacent to the established Hawk Ridge Village Commercial District and the Shoppes at Hawk Ridge, ensuring high visibility and convenient access to a substantial customer base. Zoned CO-PUD, this parcel offers significant flexibility for a variety of commercial developments. Public water and sewer services are readily available on-site, simplifying the development process and minimizing upfront costs. Furthermore, off-site storm water detention is already in place, eliminating a significant hurdle in the development timeline. The property benefits from an internal access road from Ridgeway Drive, constructed by the current owner, providing convenient ingress and egress. A new bank building is planned for an adjacent lot, further enhancing the area's appeal and attracting additional foot traffic. With a land value of $19.95 per square foot and an asking price of $919,665, this property represents an exceptional value in a prime location poised for significant growth. This is a rare opportunity to acquire a fully serviced, strategically located commercial lot in a rapidly expanding area of St. Charles County, Missouri. The property's location within the Highway N corridor project, a significant infrastructure development, promises continued growth and increased property value.

Highlights

  • Development-ready 1.06-acre commercial lot in high-growth Lake St. Louis, MO.
  • Prime location at Highway N and Ridgeway Drive, adjacent to Hawk Ridge Village Commercial District and Shoppes at Hawk Ridge.
  • CO-PUD zoning.
  • Public water and sewer, and off-site storm water detention.
  • New bank planned for adjacent lot, plus owner-built internal access road from Ridgeway Drive.

Property Details for 0 N & Ridgeway Dr

Property type
Land
Lot Size (sq. ft)
46,174 SF

Location Insight

City
O'Fallon
County
St Charles
State
Missouri
Latitude
38.7622378
Longitude
-90.7898884

FAQs

What type of property is this?
Land - 1.06-acre lot, Hwy N & Ridgeway Dr
Where is the land located?
The property is located at N & Ridgeway Dr O'Fallon, MO.
What is the asking price?
The asking price for this property is $919,665.
What are key features of this property?
This property features: Development-ready 1.06-acre commercial lot in high-growth Lake St. Louis, MO.; Prime location at Highway N and Ridgeway Drive, adjacent to Hawk Ridge Village Commercial District and Shoppes at Hawk Ridge.; CO-PUD zoning.
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