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

    120 N Eatherton Rd Chesterfield, MO 63005

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

    41.43 acres of land near Spirit of St. Louis Airport.

    Type:Land
    Lot size:
    41.43 Acres
    Added:
    Oct 10, 2018
    Days on Market:
    2755
    Last Refresh:
    Mar 17 at 1:13 pm

    Property Features for 120 N Eatherton Rd

    General Information

    Standard status
    Active
    Lot size
    41.43 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    H. Meade Summers

    Listing agent H. Meade Summers License #MO 1999022591

    Listing office Hilliker Corporation

    Listing date Oct 10, 2018

    Source Crexi

    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 Hilliker Corporation

    Overview

    Undeveloped Land Near Chesterfield Airport

    This is a 41.43± acre parcel of undeveloped land. It is located minutes from restaurants and shopping in Chesterfield, Missouri, and is also situated minutes from Highway 40/64. The property is next to the Spirit of St. Louis Airport and adjoins the Union Pacific Rail Road and Landings at Spirit Golf Club. Utilities are available. The zoning is "NU".
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Law Firm Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Gym & Fitness Center Department Store Kitchen & Bath Showroom Food Market Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Chesterfield
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.6614115
    Latitude
    38.65378

    Nearby Similar for Sale

    • $9,862,200
      65,748 SF

      Chesterfield Office Portfolio Opportunity

      Two-building office portfolio in Chesterfield Valley with high visibility.
      702 Spirit 40 Park Drive, Chesterfield, MO 63005
      View Details
    • $975,000
      4,262 SF

      Chesterfield Property on Woods Mill

      4,262 sq ft property on 0.92 acre lot.
      357 North Woods Mill Road, Chesterfield, MO, 63017
      View Details
    • $995,000
      7,308 SF

      Chesterfield Valley Office Buildings For Sale

      Two office buildings totaling 7,308 SF in Chesterfield Valley.
      612 -614 Cepi Dr, Chesterfield, MO 63005
      View Details
    • $930,444

      Commercial Land Near Spirit Airport

      3.56 acre commercial land parcel near Spirit Airport.
      18450 Olive Street Road Road, Chesterfield, MO 63005
      View Details
    • $3,700,000

      Chesterfield Retail/Restaurant Opportunity

      Retail or restaurant property for sale in Chesterfield, Missouri.
      2 McBride and Son Center Drive, Chesterfield, MO 63005
      View Details
    • $22
      17,036 SF

      First Floor Office Space Available

      First floor office space suitable for professional or medical use.
      Chesterfield, MO 63017
      View Details
    • $1.00
      40,402 SF

      Premier Chesterfield Office Space

      Sophisticated office spaces with high-quality finishes and customizable features.
      1819 Clarkson, Chesterfield, MO 63017
      View Details
    • $9,862,200
      32,823 SF

      Two-Building Office Portfolio For Rent

      Two-building office portfolio in Chesterfield Valley with high visibility.
      702-707 Spirit 40 Park Dr, Chesterfield, MO
      View Details
    • $1,600,000

      Chesterfield Land For Sale

      Prime commercial land available in Chesterfield, Missouri.
      16833 North Outer 40 Road, Chesterfield, MO 63005
      View Details
    • $930,444

      Land Available in Chesterfield, MO

      Land for sale in Chesterfield, Missouri, ideal for development.
      18450 Olive Street Road, Chesterfield, MO 63005
      View Details
    • Contact for pricing
      2 SF

      Prime Commercial Land Opportunity

      Highly visible land near retail and entertainment district.
      16839 North Outer 40 Road, Chesterfield, MO, 63005
      View Details
    • $1,650,000
      12,325 SF

      Flex Buildings on One Acre

      Two buildings with office and drive-in doors for sale.
      660 Goddard Ave, Chesterfield, MO
      View Details

    FAQs

    What type of property is this?
    Land - 41.43 acres of land near Spirit of St. Louis Airport.
    Where is this land located?
    The property is located at 120 N Eatherton Rd Chesterfield, MO.
    What is the asking price?
    The asking price for this property is $4,962,899.
    What are key features of this property?
    This property features: 41.43± Acres Undeveloped Land; Minutes from Hwy. 40/64; Minutes from Restaurants & Shopping
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    H. Meade Summers
    Real Estate License ID: MO 1999022591
    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!