8800 Watson Rd - Apartments FOR SALE


Saint Louis, MO 63119- Crestwood
$950,000 USD
314-322-2510
8800 Watson Rd, Saint Louis, MO for Sale
$950,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

8800 Watson Rd
Saint Louis, MO 63119
Crestwood


HIGHLIGHTS

  • New $50M Apartment Development featuring 265 Luxury Units
  • Booming Crestwood Market Experiencing Significant Growth
  • Two (2) Pad Ready Lots available for vertical development
  • Excellent direct exposure to over 17,906 Vehicles Per Day on Watson Road
  • Multiple access points including signalized intersection
  • Tremendous opportunity for free-standing QSR, bank, retail or service use

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$3 USD /SF

# OF UNITS

299

PRICE/UNIT

$3,177

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Retail Pads At The Wayne

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2027

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

69PD-C

APN/PARCEL ID

25L-61-0335

ASK ABOUT THIS PROPERTY

Eddie CherryManor Real EstateMore Info
314-322-2510

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Eddie CherryManor Real EstateMore Info
314-322-2510

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.