515 Florence Dr St. Peters, MO 63304
- Land
Current Use by Public Records
- Land
Property Details for 515 Florence Dr
- Property type
- Land
Description
This exceptional 1.16-acre commercial land parcel presents a unique investment opportunity in St. Peters, Missouri. Strategically located at the signalized intersection of Highway 94 and Florence Drive, this property boasts unparalleled visibility to the nearly 43,000 vehicles traversing Highway 94 daily. Its adjacency to Gold's Gym further enhances its prime location. The affluent surrounding demographics are compelling, with 51,828 people residing within a 3-mile radius and an average household income exceeding $102,750. This area is anchored by major retailers including Target, Home Depot, Walmart, Kohl's, Dierbergs, and Schnucks, ensuring high traffic and consumer spending. The property's zoning as PUD (Planned Urban Development) allows for all "C-3" commercial uses, offering considerable flexibility for development. Note that a neighboring 1.16-acre parcel was recently acquired by a daycare center, indicating strong demand in the immediate vicinity. This property's high visibility, strong demographics, and flexible zoning make it an ideal location for a variety of commercial ventures. The asking price is $490,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- St. Peters
- County
- St. Charles
- State
- Missouri
- Longitude
- -90.639
- Latitude
- 38.7314
