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    1285 N Highway 67 Street Florissant, MO 63031

    View on Map
    New
    For Sale
    $799,900

    Business - Florissant, MO

    Type:Business
    Lot size:
    0.73 Acres
    Added:
    Apr 4, 2026
    Days on Market:
    5
    Last Refresh:
    Apr 8 at 4:06 am

    Property Features for 1285 N Highway 67 Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Exterior features
    Fencing
    Fencing
    Fenced
    Standard status
    Active
    APN
    08J-53-1066
    Lot size
    0.73 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    10998

    Utilities

    Heating system
    Forced Air
    Cooling system
    Electric

    Building Details

    Year built
    1962
    Flooring type
    Concrete
    Building materials
    Concrete
    Architectural style
    Other

    We can help!

    Listing Contact
    Sarah Nguyen-Bani

    Listing agent Sarah Nguyen-Bani License #2002004718

    Listing office RE/MAX Results 4850 Lemay Ferry Rd Ste 100, Saint Louis, MO

    Listing date Apr 4, 2026

    MLS# 25076865 Listing URL

    Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property on Highway 67

    Located at 1285 N. Highway 67 in Florissant, MO, this retail property is positioned on 0.73 acres. The site offers potential for owner-users, investors, or redevelopment projects. Formerly an auto dealership, the property includes a 1,020 square foot freestanding building that offers flexible configuration options. The building can accommodate a customer lobby, private offices, break room, and restroom. The interior is currently gutted and ready for customization, making it suitable for retail, service, office, or specialty use. The property features approximately 250 feet of frontage along N. Highway 67, also known as N. Lindbergh Blvd. High-visibility building and pole signage are present. There is potential for a drive-thru addition. The location benefits from high traffic counts, with over 30,000 vehicles per day. The site offers ample depth and layout options. Situated in Florissant’s retail corridor, the property provides visibility and investment upside.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Travers Auto Plaza Car Dealership

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Capital Wrecker Services — 6011 N Lindbergh, 6011 N New Florissant Rd, Florissant, MO 63032
    • Ken's Auto Repair & Towing — 175 Washington St, Florissant, MO 63031
    • Window Tinting Guys of Florissant — 845 St Catherine St, Florissant, MO 63031, United States
    • RNR TIRE EXPRESS — Washington St, Florissant, MO 63031
    • KDC AUTOMOTIVE SERVICE AND REPAIR — 575 N New Florissant Rd #63031, Florissant, MO 63031

    Location Insight

    • Map
    • Local Demand
    City
    Florissant
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.322486
    Latitude
    38.79819

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    FAQs

    What type of property is this?
    Auto shop - Prime retail property with high visibility and redevelopment potential.
    Where is this auto shop located?
    The property is located at 1285 N Highway 67 Street Florissant, MO.
    What is the asking price?
    The asking price for this property is $799,900.
    What are key features of this property?
    This property features: High‑visibility location with approx. 250 ft of frontage on N. Highway 67 (N. Lindbergh Blvd.); High traffic counts: over 30,000 vehicles per day.; 0.73‑acre lot with ample site depth and layout options.
    (314) 704-4282
    We can help!
    Listing Contact
    Sarah Nguyen-Bani
    Real Estate License ID: 2002004718
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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