Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Cherokee Dr St. Peters, MO 63376

    • Land
    • 2.20 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Cherokee Dr

    Lot size
    2.20 lot acres
    Property type
    Land

    Description

    This exceptional 2.2-acre commercial land parcel presents a remarkable development opportunity in the thriving St. Peters, Missouri market. Located at 0 Cherokee Drive, this level site boasts a highly desirable "C-2" General Commercial zoning designation, offering a wide range of potential uses. Its strategic corner location provides excellent visibility and accessibility, further enhanced by its proximity to Interstate 70 and Highway 370, ensuring convenient access for both employees and customers. The property's adjacency to the Cherokee Industrial Park adds to its appeal, providing a synergistic environment for businesses seeking a strategic location within a well-established industrial hub. The asking price for this ready-to-develop land is $695,000. This represents a significant opportunity for investors and developers seeking a prime location in a rapidly growing area of St. Charles County, Missouri, with a zip code of 63376. The property's flat topography simplifies development plans, minimizing site preparation costs and accelerating project timelines. Don't miss this chance to acquire a highly sought-after commercial land parcel in a prime location with excellent access and visibility.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    St. Peters
    County
    St. Charles
    State
    Missouri
    Longitude
    -90.5868
    Latitude
    38.8001

    Comparable in this City

    • Value Estimation by Request
      2.03 Acres

      Olympic Way

      Land • 2.03 Acres
      0 Olympic Way, St. Peters, MO 63376
      View Details
    • Value Estimation by Request
      1.00 Acre

      Mexico Rd

      Land • 1.00 Acre
      0 Mexico Rd, St. Peters, MO 63376
      View Details
    • Value Estimation by Request
      1.25 Acres

      5568 Salt River Rd

      Land • 1.25 Acres
      5568 Salt River Rd, St. Peters, MO 63376
      View Details
    • Value Estimation by Request
      2.80 Acres

      Cottleville Pkwy

      Land • 2.80 Acres
      0 Cottleville Pkwy, Cottleville, MO 63376
      View Details
    • Value Estimation by Request
      0.60 Acres

      4267 Veterans Memorial Pkwy

      Land • 0.60 Acres
      4267 Veterans Memorial Pkwy, St. Peters, MO 63376
      View Details
    • Value Estimation by Request
      11.00 Acres

      Mexico Rd

      Land • 11.00 Acres
      0 Mexico Rd, St. Peters, MO 63376
      View Details

    Similar Nearby for Sale

    • $850,000
      1.21 Acres

      St. Peters Commercial Land - $850K

      1.21-acre commercial lot, prime location.
      6940 Mexico Rd, St. Peters, MO 63376
      View Details
    • Contact for pricing
      1.77 Acres

      St. Peters Commercial Land Infill

      Prime commercial corners, high traffic. Flexible zoning.
      0 Mid Rivers Mall Dr & Grand Teton Dr, St. Peters, MO 63376
      View Details
    • Contact for pricing
      0.85 Acres

      St. Peters Commercial Land For Sale

      Prime 0.85-acre lot, high visibility.
      6710 Mexico Rd, St. Peters, MO 63376
      View Details
    • $500,000
      2.80 Acres

      Cottleville Commercial Land - $500K

      Prime 2.8-acre commercial lot, high traffic.
      0 Cottleville Pkwy, Cottleville, MO 63376
      View Details
    • $371,131
      1.42 Acres

      St. Peters Commercial Land - $371K

      1.42 Acres, Ready to Develop, Prime Location
      0 Mexico Rd & Executive Dr, St. Peters, MO 63376
      View Details
    • $975,000
      0.48 Acres

      Prime St. Peters Commercial Land

      0.48-acre retail site, high visibility.
      300 Mid Rivers Mall Dr, St. Peters, MO 63376
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      108,497 SF

      St. Peters Square Retail Space

      Prime St. Charles County retail opportunity.
      577 Mid Rivers Mall Dr, St. Peters, MO 63376
      View Details
    • Contact for pricing
      10,500 SF

      St. Peters Retail Land Opportunity

      Prime 1.21-acre development site.
      6940 Mexico Rd, St. Peters, MO 63376
      View Details
    • Contact for pricing

      St. Peters Commercial Land for Lease

      0.85-acre lot, prime St. Charles County location.
      6710 Mexico Rd, St. Peters, MO 63376
      View Details
    • Contact for pricing

      Prime Land with Interstate Visibility

      0.6 acres with excellent visibility and access.
      4267 Veterans Memorial Pkwy, Saint Peters, MO 63376
      View Details
    • Contact for pricing

      Commercial Land For Lease

      Commercial land for lease with high visibility and ideal access.
      6022 Mid Rivers Mall Dr, Saint Peters, MO 63376
      View Details
    • Contact for pricing
      5,940 SF

      St. Peters Retail Space For Lease

      Prime Restaurant Location, 5,940 SF
      4177 Veterans Memorial Pkwy, St. Peters, MO 63376
      View Details
    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.
    Cherokee Dr
    St. Peters, MO 63376
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.