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2696 Babble Creek ln - Hwy K -2696 Babble Creek Lane, Waxed Car Wash 3,504 SF Specialty Building Offered at $1,050,000 at a 3.81% Cap Rate in O'Fallon, MO 63368
INVESTMENT HIGHLIGHTS
- High visibility on Hwy K. Hwy K is the major North/South roadway corridor connecting I-70 and I-64
- Redevelopment possible to provide services to this Community of rapid growth
- High Traffic, with center turn lane on Hwy K for easy ingress and egress
EXECUTIVE SUMMARY
Exceptional property located on the highly desirable, Hwy K at Babble Creek Lane. This site features high visibility and easy access with a center turn lane on Hwy K. Currently operating as a car wash. This versatile .92+/- acre tract of land offers incredible potential for expansion of existing car wash or raze and build to your needs! Fantastic opportunity for entrepreneurs, investors, or business owners seeking high traffic, visibility, high income area and within an explosive growth corridor.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$15,951
|
$4.55
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$15,951
|
$4.55
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $15,951 |
| Annual Per SF | $4.55 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $15,951 |
| Annual Per SF | $4.55 |
PROPERTY FACTS Under Contract
| Price | $1,050,000 | Property Subtype | Car Wash |
| Price Per SF | $299.66 | Building Class | C |
| Sale Type | Investment or Owner User | Lot Size | 0.79 AC |
| Cap Rate | 3.81% | Building Size | 3,504 SF |
| Sale Condition | Deferred Maintenance | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1996 |
| Zoning | C-2 General Business - C-2 General Business District. The future land use plan calls for general retail and office. | ||
| Price | $1,050,000 |
| Price Per SF | $299.66 |
| Sale Type | Investment or Owner User |
| Cap Rate | 3.81% |
| Sale Condition | Deferred Maintenance |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.79 AC |
| Building Size | 3,504 SF |
| No. Stories | 1 |
| Year Built | 1996 |
| Zoning | C-2 General Business - C-2 General Business District. The future land use plan calls for general retail and office. |
AMENITIES
- Signage
1 1
PROPERTY TAXES
| Parcel Number | 2-0067-7557-00-000B.0000000 | Total Assessment | $223,823 (2025) |
| Land Assessment | $0 (2025) | Annual Taxes | $15,951 ($4.55/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
2-0067-7557-00-000B.0000000
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$223,823 (2025)
Annual Taxes
$15,951 ($4.55/SF)
Tax Year
2024
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2696 Babble Creek ln - Hwy K -2696 Babble Creek Lane, Waxed Car Wash
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