Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    407 Dunn Rd Florissant, MO 63031

    View on Map
    Sponsored
    For Sale
    $750,000

    Commercial Sale - Florissant, MO

    Property size:
    15,917 SF
    Lot size:
    1.32 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 29 at 3:06 pm

    Property Features for 407 Dunn Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Closed Circuit Camera(s), Fire Sprinkler System, Security System
    APN
    09J-13-0677
    Size
    15,917 SF
    Lot size
    1.32 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1975
    Building materials
    Brick, Concrete
    Architectural style
    Other

    We can help!

    Listing Contact
    Connie Dunn

    SHOW-ME REALTY ASSOCIATES, LLC

    Listing agent Connie Dunn License #1999087045

    Listing date Mar 29, 2026

    MLS# 26018173 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.

    Learn more

    Property Insight Report

    Overview

    Turnkey Event Venue in Florissant

    This approximately 16,000 sq ft building in Florissant, MO, is currently operating as an elegant event/banquet space and adult daycare. The versatile venue could be converted to fit various plans. The property features a large, full-service kitchen, three bars, and a large banquet room with movable walls that can create two or three smaller spaces. Another elegant space includes a curved bar, dance floor, built-in booths, and floor-to-ceiling windows. Formerly Yacovelli's, this premiere event venue hosts weddings, corporate events, birthdays, celebrations of life, retirements, fundraisers, reunions, church events, and more. The custom banquet room ceiling came from the historic SS Admiral. The property also includes a fire sprinkler system, a spacious parking lot, multiple restrooms, and two newer private handicapped restrooms. The roof and street feature pole signage. Centrally located, the property is minutes from Highways 270, 170, 70, 370, 367, and the airport. Other possible uses include offices, medical facilities, spa/fitness centers, restaurants, churches, indoor sports facilities, child or adult daycare centers, and pet boarding/training. The property has 1.32 acres of land.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Jewel Event Center/Banquet ... Hotel & Motel Jewel Adult Day ... Adult Day Care The Sapphire Room Bar & Pub

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Florissant
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.3300236
    Latitude
    38.7758891

    Nearby Similar for Sale

    • $750,000
      13,751 SF

      Florissant Church Building For Sale

      13,751 sq ft church building on 5.745 acres.
      10192 Halls Ferry Rd, Florissant, MO 63136
      View Details
    • New
      $375,000
      5,280 SF

      Florissant Four-Family Building For Sale

      Four-unit building in Florissant, MO, with renovation and income potential.
      1 Bruce Dr, Florissant, MO 63031
      View Details
    • New
      $375,000
      5,280 SF

      Florissant Four-Family Building For Sale

      Four-unit building in Florissant, MO with renovation updates.
      3 Bruce Dr, Florissant, MO 63031
      View Details
    • New
      $375,000
      5,280 SF

      Florissant Four-Family Building For Sale

      Four-unit building in Florissant, part of a larger apartment complex.
      2 Bruce Dr, Florissant, MO 63031
      View Details
    • $799,900
      0.73 Acres

      Retail Property on Highway 67

      Prime retail property with high visibility and redevelopment potential.
      1285 N Highway 67, Florissant, MO 63031
      View Details
    • New
      $238,500
      0.10 Acres

      Move-In Ready Mixed-Use Building

      Commercial building in the heart of Old Town Florissant.
      560 N Jefferson St, Florissant, MO 63031
      View Details
    • New
      $2,375,000
      8,379 SF

      32-Unit Multifamily Investment Opportunity

      32-unit multifamily property in Florissant, MO with value-add potential.
      4 Bruce Dr, Florissant, MO 63031
      View Details
    • $249,900
      0.44 Acres

      Former Fire Station For Sale

      Commercial building in Florissant, MO, formerly a fire station.
      1955 Washington St, Florissant, MO 63033
      View Details
    • $995,025
      8,872 SF

      NNN Retail Property For Sale

      NNN leased retail property with minimal landlord responsibilities.
      35 Black Jack Ct, Florissant, MO 63033
      View Details
    • Contact for pricing
      15,917 SF

      Turn-Key Event/Banquet Center Opportunity

      Fully operating event venue with versatile spaces and full kitchen.
      407 Dunn Rd, Florissant, MO 63031
      View Details
    • $350,000

      Restaurant Outlot in Florissant, MO

      1,090 SF former restaurant space for lease or sale.
      1100 Shackelford Rd, Florissant, MO 63031
      View Details
    • $360,000

      Florissant Office on High-Traffic Thoroughfare

      2,700 SF office building on a sizable lot in Florissant.
      540 Howdershell Rd, Florissant, MO 63031
      View Details

    FAQs

    What type of property is this?
    Wedding venue - 15,917 Sq Ft event/banquet center, multiple possibilities.
    Where is this wedding venue located?
    The property is located at 407 Dunn Rd Florissant, MO.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Turn-key, fully operational **15,917 Sq Ft event/banquet center suitable for immediate use.**; - Versatile venue adaptable for various uses including offices, medical, spa/fitness, restaurant, church, daycare, or indoor sports.; - **Large full-service kitchen, three bars, and a spacious banquet room with movable walls.**
    (314) 324-1897
    Request Owner's contact information
    407 Dunn Rd Florissant, MO 63031
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    407 Dunn Rd
    Florissant, MO 63031
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    407 Dunn Rd Florissant, MO 63031
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Connie Dunn
    Real Estate License ID: 1999087045
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!