Property profile

3 Bruce Dr Florissant, MO 63031

OFF-MARKET
Residential income homes
Property ID
US48-0497813
1,760 SF 0.2 ac lot Built 1963
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This four-family apartment building is located on a quiet cul-de-sac in Florissant, Missouri, within a larger 44-unit apartment complex composed of seven buildings on the same cul-de-sac. The four-family building contains approximately 3,536 square feet and sits on a 0.2025-acre lot, with a pitched roof and central heating and cooling. Each of the four 2-bedroom units provides washer and dryer hookups, with potential to add shared laundry facilities, and the units share a consistent layout and similar finishes. The building includes spacious common areas and is served by five off-street parking spaces. The property previously underwent extensive renovations with capital improvements completed between 2023 and 2026, including upgrades to electrical systems, common areas, windows, water heaters, furnaces, and condensers. The complex is located near Lambert International Airport and major employers including Boeing and Amazon, and the buildings are situated within a designated flood zone. The City of Florissant has acquired adjacent land for a planned future park development.

Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1963
Total area 1,760 SF
Lot 0.2 ac (8,821 SF)
Zoning code 24R6
APN 08K-6-1-010-0
UPID US48-0497813

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3 Bruce Dr Florissant, MO 63031-7143
Florissant metro Census 211201 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$210k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$185k

Owner & transaction history

Zoning & alternative use

24R6 · Florissant, MO

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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