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    Retail and Warehouse Investment Opportunity Title is generated by Realmo AI

    3909-3917 Mid Rivers Mall Dr, Cottleville, MO

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    Retail strip center with warehouse buildings for sale.

    Type:RETAIL
    Property size:
    38,676 SF
    Lot size:
    3.83 Acres
    Price / SF:
    $116/SF
    Added:
    Aug 11, 2025
    Days on Market:
    286
    Last Refresh:
    Apr 5 at 9:35 pm

    Property Features for 3909-3917 Mid Rivers Mall Dr

    General Information

    Standard status
    Active
    Size
    38,676 SF
    Lot size
    3.83 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Eric Merchant
    Eric Merchant

    Listing agent Eric Merchant License #MO 1999068395

    Listing office Trophy Properties & Auction

    Listing date Aug 11, 2025

    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 Trophy Properties & Auction

    HighLights

    • Excellent exposure with over 30,000 vehicles per day on Mid Rivers Mall Drive.
    • Potential for sale‑leaseback arrangement with St. Charles Hardwoods.
    • Multiple income streams from existing tenants (JP’s Hideout, Mudslingers, fireworks tent).
    • Three buildings on the property: a primary strip center and two warehouse buildings.
    • Vacant space available for lease, business occupation, or expansion.
    • Located in a fast‑growing area of St. Charles County.

    Overview

    This property presents an opportunity for an owner/user or investor, offering exposure to over 30,000 vehicles per day along Mid Rivers Mall Drive in a rapidly growing area of St. Charles County. The property includes a primary strip center and two warehouse buildings at the rear. The property is largely occupied by St. Charles Hardwoods, who are open to a sale-leaseback arrangement for a significant portion of the building area. Additional income is generated from leased spaces occupied by JP’s Hideout, Mudslingers, and a fireworks tent. Vacant space is available for lease, occupation by another business, or expansion of existing retail operations. The property size is 38,676 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Map

    City
    Cottleville
    County
    St. Charles
    State
    Missouri
    Longitude
    -90.6533
    Latitude
    38.7519

    FAQs

    What type of property is this?
    Strip mall - Retail strip center with warehouse buildings for sale.
    Where is this strip mall located?
    The property is located at 3909-3917 Mid Rivers Mall Dr Cottleville, MO.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: Excellent exposure with over 30,000 vehicles per day on Mid Rivers Mall Drive.; Potential for sale‑leaseback arrangement with St. Charles Hardwoods.; Multiple income streams from existing tenants (JP’s Hideout, Mudslingers, fireworks tent).
    (314) 541-1218 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Eric Merchant
    Eric Merchant
    Real Estate License ID: MO 1999068395
    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.

    More about this property
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