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Retail Pads At The Wayne 8800 Watson Rd 299 Unit Apartment Building $950,000 ($3,177/Unit) Saint Louis, MO 63119
Investment Highlights
- New $50M Apartment Development featuring 265 Luxury Units
- Two (2) Pad Ready Lots available for vertical development
- Multiple access points including signalized intersection
- Booming Crestwood Market Experiencing Significant Growth
- Excellent direct exposure to over 17,906 Vehicles Per Day on Watson Road
- Tremendous opportunity for free-standing QSR, bank, retail or service use
Executive Summary
Two pad-ready lots totaling 0.82–0.94 acres are now available for vertical development at the front door of The Wayne — a new $50M, 265-unit luxury apartment development currently under construction in the booming Crestwood market. With utilities already stubbed to site, both lots are positioned for immediate development as a freestanding QSR, bank, retail, or service building.
Situated on Watson Road with direct exposure to nearly 18,000 vehicles per day, the site offers outstanding visibility and multiple access points, including a signalized intersection at Watson and Grant Road. Crestwood is one of the most active redevelopment corridors in the St. Louis metro.
Situated on Watson Road with direct exposure to nearly 18,000 vehicles per day, the site offers outstanding visibility and multiple access points, including a signalized intersection at Watson and Grant Road. Crestwood is one of the most active redevelopment corridors in the St. Louis metro.
Property Facts
| Price | $950,000 | Building Class | B |
| Price Per Unit | $3,177 | Lot Size | 12.00 AC |
| Sale Type | Investment | Construction Status | Proposed |
| No. Units | 299 | Building Size | 311,000 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 2027 |
| Apartment Style | Mid-Rise | ||
| Zoning | 69PD-C | ||
| Price | $950,000 |
| Price Per Unit | $3,177 |
| Sale Type | Investment |
| No. Units | 299 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 12.00 AC |
| Construction Status | Proposed |
| Building Size | 311,000 SF |
| No. Stories | 4 |
| Year Built | 2027 |
| Zoning | 69PD-C |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Clubhouse
- Fitness Center
- Pool
- Property Manager on Site
- Package Service
- Pet Play Area
- Maintenance on site
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 25L-61-0335 | Improvements Assessment | $1,320,420 |
| Land Assessment | $1,079,580 | Total Assessment | $2,400,000 |
Property Taxes
Parcel Number
25L-61-0335
Land Assessment
$1,079,580
Improvements Assessment
$1,320,420
Total Assessment
$2,400,000
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Retail Pads At The Wayne | 8800 Watson Rd
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