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

    10704-10764 W Florissant Ave Ferguson, MO

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Redeveloped shopping center with high traffic and strong demographics.

    Type:RETAIL
    Property size:
    1,660 SF
    Lot size:
    8.93 Acres
    Added:
    Jun 6, 2022
    Days on Market:
    1424
    Last Refresh:
    Apr 5 at 10:19 pm

    Property Features for 10704-10764 W Florissant Ave

    General Information

    Standard status
    Active
    Size
    1,660 SF
    Lot size
    8.93 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 10704-10764 W Florissant Ave Contact us

    We can help!

    Listing Contact
    James J Otis, II

    Listing agent James J Otis, II

    Listing office Otis & Clark Properties

    Listing date Jun 6, 2022

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Otis & Clark Properties

    Overview

    Modern Shopping Center Space Available

    North County Square is a 76,466-square-foot shopping center situated just south of Interstate 270 on West Florissant Road in Ferguson, Missouri. The location benefits from substantial traffic, with nearly 40,000 vehicles per day on West Florissant and approximately 120,000 vehicles per day on I-270. Redeveloped by Otis & Clark Properties, the shopping center offers a modern retail environment. The property has one access point via Somerset Terrace, located near the lighted intersection of West Florissant and Somerset Terrace, and is directly across the street from Walmart and Sam’s Club, providing consistent customer exposure. The surrounding area has a population exceeding 111,000 within a three-mile radius, with an average household income of nearly $55,000 per year. Anchored by Dollar Tree and Hibachi Grill, North County Square also houses clothing stores, financial and insurance companies, a beauty supply store, a Bank of America ATM, All State Insurance, and MERS Goodwill as a junior anchor. Available spaces include a 1,660-square-foot property suitable for retail use.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Similar Places Nearby

    • Shopping Center Services Inc — 9292 W Florissant Ave, St. Louis, MO 63136
    • Dellwood crossing — 10044 W Florissant Ave, St. Louis, MO 63136
    • Coin Cloud Bitcoin ATM — 10016 w florissant ave, st. louis, mo 63136

    Map

    City
    Ferguson
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.2902
    Latitude
    38.7469

    Nearby Similar for Lease

    • $14 SF/Yr

      Renovated Office/Retail Space Available

      Newly renovated office/retail space with signage opportunity for rent.
      1 S Florissant Rd, Ferguson, MO
      View Details
    • Contact for pricing

      Retail Endcap Space Available

      7,300 SF retail space with excellent frontage and signage.
      10895 W Florissant Ave , Ferguson , MO
      View Details
    • Contact for pricing

      Ferguson Retail Space For Lease

      98,714 SF shopping center with high traffic counts.
      10803-10867 W Florissant Rd, Ferguson, MO
      View Details

    FAQs

    What type of property is this?
    Shopping center - Redeveloped shopping center with high traffic and strong demographics.
    Where is this shopping center located?
    The property is located at 10704-10764 W Florissant Ave Ferguson, MO.
    What are key features of this property?
    This property features: High traffic location: Nearly 40,000 vehicles per day on West Florissant Road and nearly 120,000 vehicles per day on I‑270.; Located directly across the street from Walmart and Sam’s Club, providing high exposure to customers.; Redeveloped modern shopping center by Otis & Clark Properties.
    (314) 434-4004 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    James J Otis, II
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!