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    2951 Veterans Memorial Pkwy Saint Charles, MO 63303
    Property profile & analytics

    2951 Veterans Memorial Pkwy Saint Charles, MO 63303

    View on Map
    • Drive through restaurants
    • 2,368 SF
    • 0.48 lot acres
    For Sale
    $1,302,731
    View Listing →
    Freestanding NNN Restaurant For Sale For Sale
    $1,302,731
    0.48 Acres

    Freestanding NNN Restaurant For Sale

    Single tenant Captain D's with drive-thru in retail corridor.

    2951 Veterans Memorial Pky, Saint Charles, MO 63303
    View Listing
    Property ID
    US48-0512191
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 2951 Veterans Memorial Pkwy

    Year built
    1988
    Lot size
    0.48 lot acres
    Property size
    2,368 SF
    Property type
    Drive through restaurants
    APN
    6-010D-6480-00-000A.0000000
    APU
    6010D648000000A0000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,122,000
      Market price range: $301k - $1.24M
      AI Estimate
      $1,122,000
      Market price range: $301k - $1.24M

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Charles
    County
    St. Charles
    State
    Missouri
    Longitude
    -90.5288
    Latitude
    38.7849
    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
    $0.00
    $0.00
    $0.00
    $230,057
    -
    $261,362
    $457,566
    $718,928

    Comparable in this City

    • Value Estimation
      $1,950,000
      1,752 SF

      2001 Old Hwy 94

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,752 SF
      2001 Old Hwy 94, Saint Charles, MO 63303
      View Details
    • Value Estimation by Request
      1,232 SF

      3640 Harvester Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,232 SF
      3640 Harvester Rd, Saint Peters, MO 63303-5693
      View Details
    • Value Estimation
      $2,390,000
      5,246 SF

      24 Harvester Sq

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,246 SF
      24 Harvester Sq, Saint Charles, MO 63303-6357
      View Details
    • Value Estimation
      $1,340,000
      3,016 SF

      850 Friedens Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,016 SF
      850 Friedens Rd, Saint Charles, MO 63303
      View Details
    • Value Estimation
      $1,180,000
      2,256 SF

      2919 Veterans Memorial Pkwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,256 SF
      2919 Veterans Memorial Pkwy, Saint Charles, MO 63303
      View Details
    • Value Estimation
      $1,890,000
      4,526 SF

      1890 Zumbehl Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,526 SF
      1890 Zumbehl Rd, Saint Charles, MO 63303-2761
      View Details

    Similar Nearby for Sale

    • $1,302,731

      Freestanding NNN Restaurant For Sale

      Single tenant Captain D's with drive-thru in retail corridor.
      2951 Veterans Memorial Pkwy, Saint Charles, MO 63303
      View Details
    • Contact for pricing

      Profitable Gas Station and Carwash

      Profitable gas station and carwash business opportunity in St. Charles County.
      1700 Ford Ln, Saint Charles, MO 63303
      View Details
    • Contact for pricing
      7,158 SF

      Retail Property in St Charles

      Retail property available for sale in St Charles, Missouri.
      2000 S 1St Capitol Dr, Saint Charles, MO 63303
      View Details
    • Contact for pricing
      8,128 SF

      Saint Charles Adaptable Commercial Building

      8,128 SF building suited for various uses in Saint Charles.
      1821 S River Rd, Saint Charles, MO 63303
      View Details
    • $810,000
      864 SF

      St Charles Multifamily Investment Portfolio

      Four income-generating properties with recent updates and full basements.
      2828, Saint Charles, MO 63303
      View Details
    • Contact for pricing

      Land For Sale

      1.49 acres of land available.
      364 & Upper Btm Rd, Saint Charles, MO 63303
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in St. Charles

      Retail space available for lease in St. Charles, Missouri.
      2301 Old Highway 94, Saint Charles, MO 63303
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Saint Charles, MO.
      2301 S Old Highway 94, Saint Charles, MO 63303
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in St. Peters, Missouri.
      30 Harvester Sq, St Peters, MO 63303
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease.
      1920 Zumbehl Rd, Saint Charles, MO 63303
      View Details
    • Contact for pricing

      Fountainview Plaza Retail Opportunity

      Retail spaces in a densely populated St. Charles neighborhood.
      2633 Muegge Rd, Saint Charles, MO 63303
      View Details
    • Contact for pricing

      Retail Space on Zumbehl Road

      One acre of commercial land with retail space available.
      2010 Zumbehl Rd, Saint Charles, MO 63303
      View Details
    View Listing
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    Saint Charles, MO 63303
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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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    2951 Veterans Memorial Pkwy, Saint Charles, MO, 63303
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