Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Mexico Road & Mid Rivers Mall Drive St Peters, MO 63376

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Last available site in a highly demanded trade area.

    Type:Retail, Land, Special Purpose
    Added:
    Oct 16, 2017
    Days on Market:
    3100
    Last Refresh:
    Mar 17 at 1:13 pm

    Property Features for Mexico Road & Mid Rivers Mall Drive

    General Information

    Standard status
    Active
    Property subtype
    Retail, Land, Special Purpose

    We can help!

    Listing Contact
    Evan Barnett

    Listing agent Evan Barnett License #MO 2010036423

    Listing office Pace Properties

    Listing date Oct 16, 2017

    Source Crexi

    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 Pace Properties

    Overview

    Commercial Land in High-Demand Area

    This commercial land is the last available site in a development located in a highly demanded trade area. Utilities are accessible to the property. The location benefits from signalized access. Traffic counts indicate high visibility, with approximately 27,468 vehicles per day on Mid Rivers Mall Drive and 12,156 vehicles per day on Mexico Road.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    St Peters
    County
    St. Charles
    State
    Missouri
    Longitude
    -90.6176
    Latitude
    38.8003

    Nearby Similar for Sale

    • $999,000
      11,554 SF

      Turnkey Daycare Facility in St. Peters

      Ready-to-operate daycare center with recent upgrades and convenient location.
      2 Four Winds Drive, St Peters, MO 63376
      View Details
    • $560,000

      St. Peters Standalone Office Building

      Move-in-ready office building suitable for medical or professional use.
      410 Jungermann Road, St Peters, MO 63376
      View Details
    • $799,000
      1,596 SF

      St Peters Land For Sale

      Branded Conoco station with garage bays and equipment.
      3949 Veterans Memorial Parkway, St Peters, MO 63376
      View Details
    • $200,000

      Remodeled Commercial Property on Jungermann

      Newly remodeled commercial property on heavily traveled Jungermann Road.
      406 Jungermann Road, St Peters, MO 63376
      View Details
    • $799,000
      1,596 SF

      Branded Gas Station with Auto

      Gas station with auto shop in high-traffic corner location.
      3949 Veterans Memorial Parkway, St Peters, MO 63376
      View Details
    • $999,000
      11,554 SF

      Turnkey Daycare Facility For Sale

      Ready-to-operate daycare center with recent upgrades and convenient location.
      2 Four Winds Dr, St. Peters, MO 63376
      View Details
    • $1,950,000
      14,300 SF

      Office/Warehouse with I-70 Visibility

      14,300 SF office/warehouse on 0.87 acres with I-70 visibility.
      125 N Service Rd, St. Peters, MO
      View Details
    • $1,250,000
      1,798 SF

      Retail Space in Business Park

      Retail suite available in a high-traffic business park.
      1405 Jungermann Rd, St. Peters, MO
      View Details
    • $995,000
      6,690 SF

      Multi-Tenant Office Building For Sale

      Multi-tenant office building with great investment potential in a busy area.
      1395 Jungermann Rd, St. Peters, MO
      View Details
    • $511,612

      1.74 Acre Developed Commercial Lot

      Developed 1.74 acre commercial lot with utilities on site.
      205 First Executive Ave, St Peters, MO
      View Details
    • $1,546,000

      St Peters Land For Sale

      6.05 acres of land in St Peters, Missouri.
      460 Brown Road, St Peters, MO 63376
      View Details
    • $218,000
      1,242 SF

      Ground-Level Condo with Garage Access

      Two-bedroom condo with bonus room, garage, and updated features.
      1003 Windstream Drive, St Peters, MO 63376
      View Details

    FAQs

    What type of property is this?
    Commercial land - Last available site in a highly demanded trade area.
    Where is this commercial land located?
    The property is located at Mexico Road & Mid Rivers Mall Drive St Peters, MO.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: Last site available in development.; Utilities accessible.; Signalized access.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Evan Barnett
    Real Estate License ID: MO 2010036423
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!