Retail Space with Garage
1617 W Pearce Boulevard, Wentzville, MO 63385
For Sale
New
$579,995
Pending
Concrete parking and separate garage storage support practical day-to-day business operations.
Property Size2,000 SF
Days on Market2
Property Features for 1617 W Pearce Boulevard
General Information
Standard status
Size
Additional Details
Highway Access
Amenities
garage storage
Carpet
2
Building,Land,Fixtures
Public
0.31
No
Public Records
Concrete,Driveway,Open,Parking Lot
Concrete
Interstate
2000
1
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
The Hermann London Group LLC
(636) 275-1178
Listed By:
Ashley Hampton
Source:
Scotthickinbotham
Added: Nov 8
Last Checked: Nov 9 at 1:51AM
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 The Hermann London Group LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2022, this 2,000-square-foot retail property includes garage storage, a concrete driveway, and an open parking lot. The building is wired for exterior signage and is also described as suitable for office use.
The property fronts Interstate 70, with exposure to eastbound and westbound traffic. Its address is 1617 W Pearce Boulevard in Wentzville, Missouri.
The property fronts Interstate 70, with exposure to eastbound and westbound traffic. Its address is 1617 W Pearce Boulevard in Wentzville, Missouri.
Key Highlights
- 2,000‑square‑foot retail building constructed in 2022
- Interstate 70 frontage with exposure to eastbound and westbound traffic
- Garage storage and concrete driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,624
Cap Rate
4.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$552,480
$552.5K
Cap Rate 7%
$394,629
$394.6K
Cap Rate 9%
$306,933
$306.9K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$45.4K $22.68/SF
− Vacancy
−$5.9K −$2.95/SF
EGI
$39.5K $19.73/SF
− OpEx
−$11.8K −$5.92/SF
NOI
$27.6K $13.81/SF
Area
St. Charles County, MO
Vacancy
13.00%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$552,480
Cap Rate 7%
$394,629
Cap Rate 9%
$306,933
Alternative Uses
Best Use
Retail
$394.6K
$345.3K – $460.4K
NOI $27,624 @ 7.0% cap · market cap 4.76%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$529.3K
$463.2K – $617.5K
NOI $37,052 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
335
Businesses Nearby
210k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 35%
Shops & Services 29%
Dining 24%
Home Improvements & Furnishings 12%
Kohl's
Apparel
49,511 visits/mo
0.4 miles
Sam's Club Gas Station
Shops & Services
32,182 visits/mo
0.5 miles
Five Below
Shops & Services
25,264 visits/mo
0.4 miles
Ross Dress for Less
Apparel
22,969 visits/mo
0.3 miles
Olive Garden
Dining
19,386 visits/mo
0.5 miles
Demographics for 63385, MO
47,756
Population
17,997
Households
2.7
Avg Household Size
36
Median Age
39%
College-Educated
95%
High-School Grad
66.8 sq mi
ZIP Area
715
Density / Sq Mi
$111,851
Median Household Income
$58,782
Median Earnings
$1,221
Median Rent
$321,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Retail space in St. Charles County
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Concrete parking and separate garage storage support practical day-to-day business operations.
Where is this retail space located?
The property is located at 1617 W Pearce Boulevard Wentzville, MO.
What is the asking price?
The asking price for this property is $579,995.
What are key features of this property?
This property features: 2,000‑square‑foot retail building constructed in 2022; Interstate 70 frontage with exposure to eastbound and westbound traffic; Garage storage and concrete driveway
