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Freestanding Drive-Through Restaurant

20 Airport Rd, Ferguson, MO 63135

For Sale
Contact for pricing

The vacant building retains a drive-through lane, pylon sign, and on-site parking.

Property Size1,992 SF
Lot Size0.39 Acres
Days on Market9

Property Features for 20 Airport Rd

General Information

Standard status Active
Size 1,992 SF
Total Parking Spaces 16
Lot size 0.39 Acres
Property subtype Vacant-User
Zoning DT4

Site & Location

Frontage 145 ft
Drive-Thru Yes
Pylon Signage Yes
Traffic Count 14,537 vehicles/day
Highway Access Yes

Amenities

ABSOLUTE $1 AUCTION | Former Popeyes | Schnucks Grocer Adjacent | 14K VPD | St. Louis MSA | AUCTION NOVEMBER 16-18
Freestanding QSR with Built-In Upside - ±1,992 SF former Popeyes on ±0.39 acres includes drive-thru, pylon sign, and ±16 parking spaces.
Airport Road Exposure with 14K+ VPD - ±145 feet of frontage delivers strong visibility along an established commercial corridor.
Shadow-Anchored by Daily-Needs Retail - Schnucks, CVS, Dollar Tree, and ArchWell Health generate recurring cross-shopping activity nearby.
Regional Access Near I-70 and I-170 - Major interstates sit ±2 miles away, connecting the site throughout the broader metro area.
Dense Five-Mile Consumer Trade Area - Approximately 242,519 residents with average household income of ±$70,435 support local demand.
Absolute $1 Auction - First Bid Meets Reserve!

Building Details

Building Size 1,992 SF
Year Built 1984
Buildings 1
Listing Agency: Fort Lauderdale Office
Listed By: Philip Kates · License #License(s): FL: SL3235872, NC: LC1044
Source: Marcusmillichap
Added: Oct 30 Changed: Nov 6 Last Checked: Nov 6 at 3:18PM

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 Fort Lauderdale Office

Rey
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Investment Insights

Based on property information with market context.

This freestanding restaurant building in Ferguson contains 1,992 square feet and was built in 1984. The vacant property occupies 0.39 acres and includes an existing drive-through, a pylon sign, and approximately 16 parking spaces. Its DT4 (Downtown Commercial District-4) zoning supports restaurant use and other commercial applications subject to municipal approvals.

The site fronts Airport Road for approximately 145 feet; the road carries about 14,537 vehicles per day. It is near the signalized N Florissant Road intersection and Ferguson Square Shopping Center, where Schnucks, CVS Pharmacy, Dollar Tree, and ArchWell Health are located. Walgreens, U.S. Bank, Aldi, and Subway are across the corridor. I-170 and I-70 are approximately two miles away, St. Louis Lambert International Airport is five miles away, and St. Louis is 15 minutes away.

Key Highlights

  • 1,992‑square‑foot freestanding restaurant building on 0.39 acres
  • Existing drive‑through, pylon sign, and approximately 16 parking spaces
  • Approximately 145 feet of frontage on Airport Road, which carries approximately 14,537 VPD

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,561
Suggested Prices Based on Cap Rates
Cap Rate 5%
$171,220 $171.2K
Cap Rate 7%
$122,300 $122.3K
Cap Rate 9%
$95,122 $95.1K
Market Conditions
NOI Build-Up for 1,992 SF
Gross rent
$12.0K $6.00/SF
− Vacancy
−$538 −$0.27/SF
EGI
$11.4K $5.73/SF
− OpEx
−$2.9K −$1.43/SF
NOI
$8.6K $4.30/SF
Area
St. Louis County, MO
Vacancy
4.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$171,220
Cap Rate 7%
$122,300
Cap Rate 9%
$95,122

Alternative Uses

Best Use
Specialty Retail
$122.3K
$107.0K – $142.7K (±1% cap)
NOI $8,561 @ 7.0% cap · market cap 856,100.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$427.5K
$374.1K – $498.8K (±1% cap)
NOI $29,926 @ 7.0% cap · market cap 2,992,600.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Parking Lot & Garage Law Firm Grocery & Convenience Store Gym & Fitness Center (Bike/Boat/Book/etc) Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14,537 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

381
Businesses Nearby

Demographics for 63135, MO

19,584
Population
9,764
Households
2
Avg Household Size
37
Median Age
24%
College-Educated
90%
High-School Grad
6.2 sq mi
ZIP Area
3,159
Density / Sq Mi
$55,179
Median Household Income
$37,645
Median Earnings
$1,115
Median Rent
$95,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Drive through restaurant - The vacant building retains a drive-through lane, pylon sign, and on-site parking.
Where is this drive through restaurant located?
The property is located at 20 Airport Rd Ferguson, MO.
What are key features of this property?
This property features: 1,992‑square‑foot freestanding restaurant building on 0.39 acres; Existing drive‑through, pylon sign, and approximately 16 parking spaces; Approximately 145 feet of frontage on Airport Road, which carries approximately 14,537 VPD
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