13918 Olive Blvd, Chesterfield, MO 63017
SRG is pleased to offer one of the last undeveloped parcels along Olive Blvd west of highway 141. This neighborhood has experienced a large influx of people over the last couple of decades, and has become a very desirable part of town for people to live, work, dine, etc. The site is a combination of 4 parcels and a total of +/- 1.5 Acres. Whether you are a home builder/developer or a CRE investor the site has multiple possibilities. The site is currently zoned R-2 (Residential), however it can be rezoned for commercial use & could be a fantastic storefront retail, mixed-use and/or office development that would capitalize on the Olive Blvd visibility & high traffic counts. At this specific location approximately 12,000 cars pass here a day & +/- 28,000 just a mile or two West on Olive. Please reach out for additional details, we'd love to share information on market rents for commercial property in the area along with forecasting what a development would look like.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.