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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    11700 Florissant Ave Florissant, MO 63033-6743

    • Strip malls
    • 28,381 SF
    • 4.44 lot acres
    OFF-MARKET
    Last Sale
    Nov 12, 2021
    $3,950,000
    Value Estimations
    $3,990,000
    Show details
    Cap Rate Potential
    2.9%
    Strip malls
    Location Intelligence
    Property ID
    US48-3304957
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • North County License Office / Driver'S License Office

    Property Details for 11700 Florissant Ave

    Year built
    2005
    Construction
    FRAME
    Lot size
    4.44 lot acres
    Property size
    28,381 SF
    Zone code
    C-8
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    09G-4-1-050-0
    APU
    09G410500

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $4,235,000
      ML approach
      $4,340,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,468,000
      Market price range: $1.93M - $4.41M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $2,825,000
      Current use
      AUTO REPAIR, GARAGE
      $5,450,000
      Change: +93% Conversion: Difficult
      OFFICE BUILDING
      $4,025,000
      Change: +43% Conversion: Moderate
      MEDICAL BUILDING
      $3,450,000
      Change: +22% Conversion: Difficult
      RETAIL STORES
      $2,740,000
      Change: -3% Conversion: Easy
      COMMERCIAL (GENERAL)
      $2,505,000
      Change: -11% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Florissant
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.2797
    Latitude
    38.7793
    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
    2023
    $80,210
    $309,440
    $420,990
    $730,430
    -
    $967,000
    $1,315,600
    $2,282,600

    Comparable in this City

    • Value Estimation
      $790,000
      18,000 SF

      11601 Florissant Ave

      SHOPPING CENTER, STRIP CENTER • 18,000 SF
      11601 Florissant Ave, Florissant, MO 63033-6711
      View Details
    • Value Estimation
      $855,000
      16,520 SF

      3 Flower Vly Shopping Ctr

      SHOPPING CENTER, STRIP CENTER • 16,520 SF
      3 Flower Vly Shopping Ctr, Florissant, MO 63033
      View Details
    • Value Estimation
      $620,000
      14,212 SF

      12667 New Halls Fry Rd

      SHOPPING CENTER, STRIP CENTER • 14,212 SF
      12667 New Halls Fry Rd, Florissant, MO 63033-4030
      View Details
    • Value Estimation
      $4,410,000
      5,494 SF

      3501 Dunn Rd

      SHOPPING CENTER, STRIP CENTER • 5,494 SF
      3501 Dunn Rd, Florissant, MO 63033-6784
      View Details
    • Value Estimation
      $13,525,000
      90,544 SF

      42 Grandview Plz Shopping Ctr

      SHOPPING CENTER, STRIP CENTER • 90,544 SF
      42 Grandview Plz Shopping Ctr, Florissant, MO 63033-6105
      View Details
    • Value Estimation
      $2,685,000
      67,785 SF

      12908 New Halls Fry Rd

      SHOPPING CENTER, STRIP CENTER • 67,785 SF
      12908 New Halls Fry Rd, Florissant, MO 63033-4035
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      25,000 SF

      Florissant Retail Opportunity

      Strategic location in North St. Louis County with excellent connectivity.
      11655 New Halls Ferry Rd, Florissant, MO 63033
      View Details
    • Contact for pricing
      135,197 SF

      Freestanding Retail Building in Florissant

      Single-tenant retail building in a high-traffic retail corridor.
      3180 Hwy North, Florissant, MO 63033
      View Details
    • $2,800,000
      1.50 Acres

      Prime Florissant Commercial Land

      1.5-1.75 Acres, High Visibility
      13041 New Halls Ferry Rd, Florissant, MO 63033
      View Details
    • $199,500

      Retail Investment Opportunity in Black Jack

      Two updated retail units in high-traffic Black Jack location.
      75 Black Jack Ct, Black Jack, MO 63033
      View Details
    • $866,086

      Jiffy Lube Investment Opportunity

      NNN single tenant auto service property with 2% annual rent increases.
      1755 N New Florissant Rd, Florissant, MO 63033
      View Details
    • $525,000
      4,760 SF

      Freestanding Car Wash on 0.98 Acres

      4,760 SF car wash with development opportunity.
      3315 Highway 67 N, Florissant, MO 63033
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      4,680 SF

      Regional Shopping Center Retail Space

      Retail space in a regional shopping center with high visibility.
      11200 W Florissant Ave, Florissant, MO 63033
      View Details
    • $15 SF/Yr
      1,750 SF

      Retail Space in Regional Center

      Retail space available in a high-traffic regional shopping center.
      11208-11314 W Florissant Ave, Florissant, MO 63033
      View Details
    • Contact for pricing
      32,019 SF

      Florissant Retail Center Opportunity

      Prime Retail Space Available in Florissant, MO
      3501 Dunn Rd, Florissant, MO 63033
      View Details
    • Contact for pricing
      1,750 SF

      Retail Space in Florissant Center

      Retail space available in a busy Florissant shopping center.
      14015 New Halls Ferry Rd, Florissant, MO 63033
      View Details
    • Contact for pricing
      54,160 SF

      Retail Space in Florissant Center

      Retail space for lease with strong co-tenancy and visibility.
      2393-2435 Highway 67 N, Florissant, MO 63033
      View Details
    • Contact for pricing
      339,464 SF

      Shoppes at Cross Keys Retail Space

      High-traffic Florissant retail center; spaces available.
      13897 New Halls Ferry Rd, Florissant, MO 63033
      View Details
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    Florissant, MO 63033-6743
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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