St. Louis County farmland listed at $45M for industrial development

April 28, 2026 - 08:00

PJW Investments has officially placed over 1,000 acres of farmland in Hazelwood, Missouri, on the market for $45 million, positioning the sprawling property as a prime candidate for large-scale industrial development. The site, located near the convergence of Lambert-St. Louis International Airport and Interstate 70, is being marketed as a rare opportunity for logistics, manufacturing, or distribution centers to capitalize on existing transportation infrastructure.

The property, currently used for agricultural purposes, represents one of the largest contiguous undeveloped tracts available in the St. Louis metropolitan area. Its proximity to the airport and major highway corridors makes it particularly attractive for companies seeking quick access to air freight and regional road networks. Real estate analysts note that the location could support a master-planned industrial park, potentially including warehouses, cold storage facilities, or light assembly operations.

PJW Investments has not yet filed formal development plans with the city of Hazelwood, but the asking price suggests a significant return on investment for buyers willing to navigate zoning and environmental assessments. The farmland’s conversion to industrial use would align with broader regional trends, as St. Louis County continues to see demand for modern logistics space driven by e-commerce and supply chain reshoring. Local officials have expressed cautious interest, emphasizing the need for job creation and infrastructure improvements to accompany any development. The listing is expected to attract both national developers and institutional investors looking for large-scale opportunities in the Midwest.