2701 N Highway 94, Saint Charles, MO 63301

Description

This offering presents three vacant parcels on North Highway 94 in St. Charles, Missouri, totaling approximately 5.94 acres, as part of a four-lot assemblage that can reach approximately 8.24 acres with the adjacent Lot C. Highway 94 carries about 14,275 vehicles per day past the property, and the sites are level, highly visible and positioned near the Little Hills Expressway and I-370 interchange, with the Boeing campus directly across the highway. National operators including Hardee’s, Dairy Queen, Waffle House, MotoMart and Dollar General already anchor the surrounding retail environment, giving future users an established, recognizable trade area.

The assemblage is designed to serve users of different sizes. A buyer who needs room for a larger development, such as a multi-building retail or restaurant concept, a medical or professional office campus, an office/warehouse project or an institutional use, can combine parcels to achieve scale and control the entire frontage. A smaller user can buy a single lot. Lots A and B adjoin one another and total about 3.15 acres, and Lot D at the Wright Drive corner is the largest parcel at 2.79 acres. Lot C, at about 2.3 acres, sits between them and is separately owned; we are working with its broker so that buyers can evaluate the full 8.24-acre site.

Lot A (2701 N Hwy 94) is 1.15 acres next to Hardee’s, listed at $280,000. Lot B (2705 N Hwy 94) is approximately 2.0 acres with about 210 feet of Highway 94 frontage, listed at $600,000. Lot D (Hwy 94 at Wright Dr) is 2.79 acres at the Wright Drive corner, listed at $730,000. All three together are offered at $1,610,000, or approximately $6.22 per square foot. Acreage is approximate and based on prior marketing and county records; a survey is recommended.

Demographics (2023 estimates) show a 1-mile population of 4,719, a 3-mile population of 41,881 and a 5-mile population of 86,156, with average household incomes of roughly $96,000 to $99,000 and average home values of about $267,000 to $287,000. Lots A and D are owned by the Elizabeth Ann Cockrum Trust and Lot B by the Courtlind Family Revocable Living Trust, and all are listed exclusively with Manor Real Estate. Buyers should verify zoning, utilities, access and all other due diligence items with the City of St. Charles and their own advisors.