Freestanding Retail Building with
New
For Sale
Contact for pricing
90 Village Square Shop Ctr, Hazelwood, MO 63042
Former bank building with pylon signage, surface parking, and flexible commercial configuration.
Property Size5,304 SF
Lot Size0.95 Acres
Price / SF$282.81
Days on Market7
Property Features for 90 Village Square Shop Ctr
General Information
Standard status
Active
Size
5,304 SF
Total Parking Spaces
24
Lot size
0.95 Acres
Property subtype
RETAIL
Site & Location
Frontage
86 ft
Drive-Thru
Yes
Pylon Signage
Yes
Additional Details
Asking Price
$1,500,000
Building Details
Buildings
1
Listing Agency:
SmartEquity
(314) 345-0533
Listed By:
Brandon Smart · License #2016006331
(314) 345-0533
Source:
Moodyscre
Added: Aug 3
Changed: Aug 9
Last Checked: Aug 9 at 10:41AM
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 SmartEquity
Investment Insights
Based on property information with market context.
Located at 90 Village Square Shop Ctr in Hazelwood, Missouri, this 5,304-square-foot freestanding building was originally constructed for banking use. The property includes a drive-thru, pylon signage, 24 surface parking spaces, and approximately 86 feet of frontage. Its existing configuration can accommodate financial, medical, professional office, retail, and service uses identified for the property.
The site covers 0.95 acres within Hazelwood’s primary retail corridor. Walmart, Target, Lowe’s, and Home Depot are among the surrounding national retailers, placing the building within an established commercial trade area. The combination of standalone construction, customer parking, drive-thru functionality, and prominent signage supports a range of retail and service-oriented occupancy plans.
The site covers 0.95 acres within Hazelwood’s primary retail corridor. Walmart, Target, Lowe’s, and Home Depot are among the surrounding national retailers, placing the building within an established commercial trade area. The combination of standalone construction, customer parking, drive-thru functionality, and prominent signage supports a range of retail and service-oriented occupancy plans.
Key Highlights
- 5,304‑square‑foot freestanding building originally constructed as a bank
- Drive‑thru and prominent pylon signage
- 24 surface parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$71,351
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.76%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,427,020
$1.4M
Cap Rate 7%
$1,019,300
$1.0M
Cap Rate 9%
$792,789
$792.8K
Market Conditions
NOI Build-Up for 5,304 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$118.4K $22.32/SF
− Vacancy
−$16.5K −$3.10/SF
EGI
$101.9K $19.22/SF
− OpEx
−$30.6K −$5.77/SF
NOI
$71.4K $13.45/SF
Area
St. Louis County, MO
Vacancy
13.90%
Lease Rate
$22.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,427,020
Cap Rate 7%
$1,019,300
Cap Rate 9%
$792,789
Alternative Uses
Best Use
Retail
$1.02M
$891.9K – $1.19M
NOI $71,351 @ 7.0% cap · market cap 4.76%
Second Best
Specialty Retail
$325.6K
$284.9K – $379.9K
NOI $22,794 @ 7.0% cap · market cap 1.52%
Theoretical Best
Office A
$1.14M
$996.0K – $1.33M
NOI $79,683 @ 7.0% cap · market cap 5.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
661
Businesses Nearby
43k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 64%
Dining 36%
Dollar Tree
Shops & Services
14,520 visits/mo
0.1 miles
Starbucks
Dining
12,968 visits/mo
0.5 miles
Family Dollar
Shops & Services
8,148 visits/mo
0.4 miles
Bommarito Ford
Shops & Services
4,434 visits/mo
0.4 miles
Imo's Pizza
Dining
2,485 visits/mo
0.5 miles
Demographics for 63042, MO
19,646
Population
9,619
Households
2
Avg Household Size
36
Median Age
23%
College-Educated
92%
High-School Grad
10.4 sq mi
ZIP Area
1,889
Density / Sq Mi
$49,384
Median Household Income
$34,292
Median Earnings
$939
Median Rent
$138,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Former bank building with pylon signage, surface parking, and flexible commercial configuration.
Where is this retail space located?
The property is located at 90 Village Square Shop Ctr Hazelwood, MO.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 5,304‑square‑foot freestanding building originally constructed as a bank; Drive‑thru and prominent pylon signage; 24 surface parking spaces
