Historic Mixed-Use
For Sale
$2,500,000
700 Howdershell Rd, Florissant, MO 63031
The campus includes five historic buildings, each with distinct architectural characteristics.
Property Size10,608 SF
Price / SF$235.67
Days on Market78
Property Features for 700 Howdershell Rd
General Information
Standard status
Active
Size
10,608 SF
Building Details
Year Built
1930
Listing Agency:
Berkshire Hathaway HomeServices Select Properties
Listed By:
Ashley Brickle · License #2016016892
(314) 703-0886
Source:
Nations-network
Added: Jul 30
Changed: Oct 12
Last Checked: Oct 7 at 1:46PM
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 Berkshire Hathaway HomeServices Select Properties
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Investment Insights
Based on property information with market context.
This mixed-use campus encompasses approximately 22 acres and includes five historic buildings constructed in 1930. Each structure has distinct characteristics, creating a varied collection of existing improvements across the property.
The scale of the site supports consideration of several project concepts identified for the property, including a mixed-use community, commercial center, or residential development. Its city-suburban setting in the North County area provides a broad context for evaluating future land use and redevelopment plans.
The scale of the site supports consideration of several project concepts identified for the property, including a mixed-use community, commercial center, or residential development. Its city-suburban setting in the North County area provides a broad context for evaluating future land use and redevelopment plans.
Key Highlights
- Approximately 22‑acre mixed‑use campus
- Five historic buildings with distinct characteristics
- Buildings constructed in 1930
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$130,474
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,609,480
$2.6M
Cap Rate 7%
$1,863,914
$1.9M
Cap Rate 9%
$1,449,711
$1.4M
Market Conditions
NOI Build-Up for 10,608 SF
Gross rent
$240.0K $22.62/SF
− Vacancy
−$31.2K −$2.94/SF
EGI
$208.8K $19.68/SF
− OpEx
−$78.3K −$7.38/SF
NOI
$130.5K $12.30/SF
Area
St. Louis County, MO
Vacancy
13.00%
Lease Rate
$22.62 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,609,480
Cap Rate 7%
$1,863,914
Cap Rate 9%
$1,449,711
Alternative Uses
Best Use
Mixed Use
$1.86M
$1.63M – $2.17M
NOI $130,474 @ 7.0% cap · market cap 5.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.28M
$1.99M – $2.66M
NOI $159,366 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
248
Businesses Nearby
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Business Placement
Demographics for 63031, MO
47,609
Population
21,159
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
15.1 sq mi
ZIP Area
3,153
Density / Sq Mi
$71,783
Median Household Income
$42,920
Median Earnings
$1,351
Median Rent
$144,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The campus includes five historic buildings, each with distinct architectural characteristics.
Where is this mixed-use property located?
The property is located at 700 Howdershell Rd Florissant, MO.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Approximately 22‑acre mixed‑use campus; Five historic buildings with distinct characteristics; Buildings constructed in 1930
