103 Long Rd Chesterfield, MO 63005
- Strip malls
- 9,724 SF
- 1.43 lot acres
Current Use by Public Records
- Strip malls
Property Details for 103 Long Rd
- Year built
- 2005
- Construction
- FRAME
- Lot size
- 1.43 lot acres
- Property size
- 9,724 SF
- Zone code
- M3
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 17U-1-4-039-5
- APU
- 17U140395
Description
This exceptional retail property, located at 103-125 Long Road, Chesterfield, MO 63005, presents a fantastic investment opportunity. The property consists of two one-story buildings totaling approximately 2,150 square feet of retail space, with two available spaces ranging from 1,050 to 1,100 square feet each. Situated at the signalized intersection of Long Road and Chesterfield Airport Road, this location boasts exceptional visibility and accessibility. The property features two curb cuts on Long Road, prominent building and pylon signage, and ample parking (a 5:1,000 ratio). The location benefits from high traffic volume, exceeding 15,000 vehicles per day on Long Road and over 18,000 vehicles per day on Chesterfield Airport Road. The property has recently undergone exterior repainting, enhancing its curb appeal. Its strategic location provides easy access to I-64/40, placing it within close proximity to a variety of popular destinations including Chesterfield Commons, St. Louis Premium Outlets, Top Golf, Main Event, The Factory, and The District. A five-minute drive to St. Charles County via I-64/40 further enhances its appeal. This property is ideal for businesses seeking high visibility and convenient access to a thriving retail corridor in the Chesterfield submarket.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,550,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,175,000
- 6.5%
- $2,305,000
- 7%
- $2,315,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,745,000
- Geo Method
- $2,325,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,940,000
- Retail
- $2,030,000
- Mixed-Use
- $2,270,000
- Hospitality
- $1,855,000
- Educational
- $2,090,000
- Residential Income
- $1,895,000
- Energy
- $1,895,000
- Income-Based Land
- $1,965,000
- Food Service
- $2,215,000
Location Insight
- Map
- Local Demand
- City
- Chesterfield
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.6182
- Latitude
- 38.6673
- CBSA code
- 41180
- CBSA name
- ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA