1617 Florissant Rd St St. Louis, MO 63121
This exceptional 22,782 square foot storefront property, located at 1617 S. Florissant Rd in St. Louis, Missouri, presents a compelling redevelopment opportunity. Situated on a 0.52-acre lot, this retail space boasts a prime location less than half a mile north of I-70, ensuring high visibility and accessibility. The property benefits from its position within densely populated neighborhoods, offering a substantial customer base. Its proximity to the University of Missouri-St. Louis further enhances its appeal. The surrounding area features a mix of established businesses, including prominent national chains such as Walgreens, Schnucks, McDonald's, and Sonic, creating a vibrant commercial environment. The asking price for this significant retail space is $398,000. This property is zoned for retail use and presents a unique chance to capitalize on a high-demand location in a thriving St. Louis community. The zip code is 63121. This is an excellent opportunity for investors seeking a high-return investment in a strategic location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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