1016 5Th St Saint Charles, MO 63301
- Drive through restaurants
- 3,448 SF
- 0.55 lot acres
Current Use by Public Records
- Drive through restaurants
Property Details for 1016 5Th St
- Year built
- 1984
- Lot size
- 0.55 lot acres
- Property size
- 3,448 SF
- Zone code
- AB1
- Property type
- Drive through restaurants
- APN
- 6-014A-B137-00-0004.2000000
- APU
- 6014AB1370000042000000
Description
This exceptional 3,448 square foot free-standing retail building presents a unique investment opportunity in St. Charles County. Located on South 5th Street, this single-tenant property boasts a highly desirable location with excellent visibility and accessibility. The 0.55-acre lot features a drive-thru and prominent pylon signage, ensuring maximum exposure to the substantial daily traffic volume of 24,394 vehicles. The entire building is currently vacant, offering immediate occupancy for a new tenant. Its strategic proximity to Interstate 70 provides effortless access for customers and employees, while its close proximity to both Downtown St. Charles and Lindenwood University guarantees a robust customer base. This property is ideal for a variety of retail uses, benefiting from its high-traffic location and impressive visibility. The building's size and layout offer ample space for customization to suit a wide range of business needs. This is a rare opportunity to acquire a prime retail space in a thriving area with significant growth potential. Don't miss out on this exceptional investment opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,100,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $935,000
- 6.5%
- $965,000
- 7%
- $920,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $810,000
- Geo Method
- $855,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $760,000
- Retail
- $1,020,000
- Mixed-Use
- $950,000
- Hospitality
- $910,000
- Educational
- $805,000
- Residential Income
- $760,000
- Energy
- $780,000
- Income-Based Land
- $975,000
- Food Service
- $930,000
Location Insight
- Map
- Local Demand
- City
- Saint Charles
- County
- St. Charles
- State
- Missouri
- Longitude
- -90.4899
- Latitude
- 38.7747
- CBSA code
- 41180
- CBSA name
- ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA