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    1735 S New Florissant Road, Florissant, MO 63031

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    New
    For Sale
    $780,000

    Unimproved Land - Florissant, MO

    Type:Unimproved Land
    Property size:
    3,900 SF
    Lot size:
    0.43 Acres
    Price / SF:
    $200/SF
    Added:
    May 11, 2026
    Days on Market:
    3
    Last Refresh:
    May 13 at 11:06 am

    Property Features for 1735 S New Florissant Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Parking features
    Open, Parking Lot, Paved or Surfaced
    Security features
    Smoke Detector(s)
    Exterior features
    Fencing
    Fencing
    Fenced
    Standard status
    Active
    APN
    09J-22-0723
    Size
    3,900 SF
    Lot size
    0.43 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    11278

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1953
    Building materials
    Brick
    Architectural style
    Other

    We can help!

    Listing Contact
    Terry Gannon
    Terry Gannon

    Listing agent Terry Gannon License #2011022593

    Listing office RE/MAX Results 8081 Manchester Rd, Saint Louis, MO

    Listing date May 11, 2026

    MLS# 26029096 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.

    HighLights

    • High‑traffic corner location at S. New Florissant Rd and I‑270.
    • Two buildings included: 1735 S. New Florissant Rd (approx. 3,900 sq ft, some units rented, divisible) and 1723 S. New Florissant Rd (1,760 sq ft, vacant, full basement).
    • Excellent opportunity for new development.
    • Building at 1735 S. New Florissant Rd can be divided into 4 or more offices with lavatories.
    • Building at 1723 S. New Florissant Rd is vacant and ready for immediate occupancy.
    • Both properties are being sold together for one low price.

    Overview

    This property, located at the high-traffic intersection of S. New Florissant Road and I-270 in Florissant, MO, presents an opportunity for sale or rent. It comprises two buildings, 1735 and 1723 S. New Florissant Road, being sold together. The building at 1735 S New Florissant Road has approximately 3,900 square feet. Some units are rented, and other spaces can be divided into 4 or more offices of various sizes with lavatories. The building at 1723 S New Florissant Road is currently vacant and ready for immediate occupancy. It features 1760 square feet and a full basement. The property is situated on a 0.43-acre lot. This location offers excellent potential for new development due to its corner location, high traffic, and highway/interstate frontage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ricardo C. Moreno, ... Physician Platinum Tax Pros ... Accounting Firm Platinum Nu Life Business To Business Service Seis Smith Pro ... Accounting Firm A Blessed Beginning Cds ... Home Health Care Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Florissant
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.316948
    Latitude
    38.772709

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    FAQs

    What type of property is this?
    Commercial land - High-traffic location suitable for development or immediate occupancy.
    Where is this commercial land located?
    The property is located at 1735 S New Florissant Road Florissant, MO.
    What is the asking price?
    The asking price for this property is $780,000.
    What are key features of this property?
    This property features: High‑traffic corner location at S. New Florissant Rd and I‑270.; Two buildings included: 1735 S. New Florissant Rd (approx. 3,900 sq ft, some units rented, divisible) and 1723 S. New Florissant Rd (1,760 sq ft, vacant, full basement).; Excellent opportunity for new development.
    (314) 359-0723
    We can help!
    Listing Contact
    Terry Gannon
    Terry Gannon
    Real Estate License ID: 2011022593
    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.

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