225 Main StO'Fallon, MO 63366

  • Office properties
  • 10,987 SF
For Sale
$1,012,000 View listing

Property Details for 225 Main St

Year built
1985
Lot size
0.71 AC
Property size (Sq ft)
10,987 SF
Zone code
AB2
Property type
Office properties
Property subtype
Office buildings
APN
2-057A-S029-00-0024.0000000
APU
2057AS0290000240000000

Description

This exceptional 10,987 square foot executive office building, constructed in 1985, is situated on a 0.71-acre lot at 225 S Main Street in O'Fallon, Missouri, zip code 63366. Located in St. Charles County, this property boasts a highly visible street presence in O'Fallon's thriving commercial district, offering excellent exposure to high foot traffic. The building features a modern and attractive facade, creating a professional and inviting atmosphere. With 44 parking spaces available, ample parking is ensured for employees and clients. Its strategic location provides convenient access to major highways and public transportation, enhancing connectivity to the broader St. Louis metropolitan area. Surrounded by a diverse mix of businesses, restaurants, and retail outlets, this property presents a unique opportunity for businesses seeking a prime location with high visibility and accessibility. The asking price for this versatile property is $1,012,000. This property is ideally suited for a variety of commercial uses, including retail, office space, or a mixed-use development.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,939,478
    6.5%
    $2,713,364
    7%
    $2,519,553
  • Comparable approach

    Method
    Valuation
    Relative Method
    $856,546
    Geo Method
    $856,546
  • Alternative Use

    Use
    Valuation
    Residential
    $3,364,572
    Hospitality
    $3,081,930
    Educational
    $2,564,130
    Medical
    $2,652,314
    Retail
    $3,988,646
225 Main St, O'Fallon, Missouri
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Location Insight

City
O Fallon
County
St. Charles
State
Missouri
Latitude
38.809
Longitude
-90.7004
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
-
-
$270,864
-
$162,372
$684,077
$846,449

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