251 Chesterfield Industrial Blvd Chesterfield, MO 63005-1201
- Retail space
- 15,380 SF
- 1.14 lot acres
Current Use by Public Records
- Retail space
Property Details for 251 Chesterfield Industrial Blvd
- Year built
- 1995
- Lot size
- 1.14 lot acres
- Property size
- 15,380 SF
- Zone code
- 105M3
- Property type
- Retail space
- APN
- 18U-4-3-013-6
- APU
- 18U430136
Description
This exceptional 11,580-square-foot industrial property, located at 251 Chesterfield Industrial Blvd in Chesterfield, Missouri (zip code 63005), presents a unique investment opportunity. The property, situated on a 1.14-acre lot, features a single-story, Class B building constructed in 1983 and extensively renovated in 2018. The building boasts a highly efficient floor plan, incorporating both office and open warehouse space, ideal for a variety of uses. The warehouse area features 16-foot ceiling heights, two dock-high doors, and an additional van-high door plus a side door, facilitating efficient loading and unloading. Two loading docks are available. The property also includes a 30 x 35-foot room suitable for storage or product staging. Amenities include large restrooms with showers and ample parking for 35 vehicles, with additional parking available at the end of the cul-de-sac. The fully air-conditioned warehouse is zoned M3 and is currently vacant. The asking price is $1,563,000, representing a price per square foot of $134.97 and a price per unit of $781,500 (two units total). The property's proximity to major retail centers makes it an attractive location for various businesses, including potential service centers for truck fleets. The property's features and location make it a compelling investment opportunity. The APN is 18U430136. The lease type is NNN.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $585,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $825,000
- 6.5%
- $865,000
- 7%
- $775,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $750,000
- Geo Method
- $825,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $695,000
- Retail
- $650,000
- Mixed-Use
- $640,000
- Hospitality
- $710,000
- Educational
- $740,000
- Residential Income
- $680,000
- Energy
- $770,000
- Income-Based Land
- $720,000
- Food Service
- $635,000
Location Insight
- Map
- Local Demand
- City
- Chesterfield
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.6214
- Latitude
- 38.6607
- CBSA code
- 41180
- CBSA name
- ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
