Investment Overview

Marcus & Millichap is pleased to present a fee simple land acquisition opportunity at Plaza Way, St. Charles, Missouri 63303 — a 2.61-acre commercial lot strategically positioned within one of St. Charles County's most active retail corridors. The site benefits from direct access to Veterans Memorial Parkway and Interstate 70 (over 90,000 vehicles per day) and Missouri State Highway 94 (over 20,000 vehicles per day), ensuring strong consumer visibility and regional connectivity. The surrounding trade area is anchored by a dominant cluster of national credit tenants including Walmart, Sam's Club, PetSmart, Aldi, Applebee’s, Schnucks, and Lowe’s, driving significant daily consumer traffic directly past the subject site. The site is zoned C-2 General Business District — one of St. Charles's most permissive commercial designations, supporting retail, office, medical, hospitality, and automotive uses by right or conditional use permit. Offered at $800,000 ($7.00 per square foot), the pricing reflects competitive land values for a fully commercially zoned infill parcel in a supply-constrained suburban St. Louis market. 2023 real estate taxes of $3,080 provide a highly favorable carry profile during entitlement and development. The site's 2.61-acre footprint, I-70 visibility, and C-2 zoning flexibility position Plaza Way as an ideal pad-site for owner-users and developers across multiple use categories. Refer to the Zoning Summary below for the full permitted use matrix drawn directly from City of St. Charles Ordinance §400.220.