49 Florissant RdFerguson, MO 63135

Property Details for 49 Florissant Rd

Year built

1987

Construction

FRAME

Lot size

6.67 AC

Property size (Sq ft)

53,333 SF

Zone code

22DB-2

Property type

Retail properties

Property subtype

Strip malls

APN

11H-1-1-105-2

APU

11H111052

Description

This exceptional 0.52-acre commercial land parcel presents a unique investment opportunity in Ferguson, Missouri. Strategically located at the corner of North Florissant Road and Bangert Avenue, within the established Schnucks shopping center, this property boasts unparalleled visibility. North Florissant Road experiences a high daily traffic volume of 14,000 vehicles, ensuring maximum exposure for any development. The surrounding area is anchored by a strong retail presence, including prominent national brands such as Schnucks, Dollar Tree, Walgreens, and Aaron's, creating a vibrant and thriving commercial environment. This prime location offers significant potential for a variety of commercial uses, benefiting from the established customer base and high traffic counts of the surrounding businesses. The property's address is 49 N Florissant Rd, Ferguson, MO 63135, situated in St. Louis County. The land is designated as commercial and offers significant development potential for businesses seeking high visibility and convenient access to a dense population. This is an exceptional opportunity to acquire a well-positioned commercial lot in a bustling retail area. The property's size and location make it ideal for a variety of commercial ventures.

• CAP approach

  CAP return

  Valuation

  6%

  $20,975,120

  6.5%

  $19,361,650

  7%

  $17,978,674

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,477,759

  Geo Method

  $10,477,759

• Alternative Use

  Use

  Valuation

  Residential

  $16,332,276

  Hospitality

  $14,960,277

  Educational

  $12,446,775

  Medical

  $12,874,838

  Retail

  $19,361,650

Location Insight

City

Saint Louis

County

St. Louis

State

Missouri

Latitude

38.7469

Longitude

-90.3072

CBSA code

41180

CBSA name

ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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