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    3015 High Ridge Blvd High Ridge, MO 63049
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    3015 High Ridge Blvd, High Ridge, MO 63049

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    • Retail space
    • 126 SF
    • 4.59 lot acres
    For Sale
    $2,199,000
    View Listing →
    High Ridge Retail Space For Sale
    $2,199,000
    25,617 SF

    High Ridge Retail Space

    Retail space available for sale in High Ridge, Missouri.

    3015 High Ridge Blvd, High Ridge, MO 63049
    View Listing
    Property ID
    US48-0979320
    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

    • Toasted Coffee House / Cafe & Coffee Shop

    Property Details for 3015 High Ridge Blvd

    Year built
    1970
    Lot size
    4.59 lot acres
    Zone code
    CC-2
    Property type
    Retail space
    APN
    03-6.0-23.0-1-001-021.
    APU
    3602301001021

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 2, 2020 — Blvd Plaza LLC — Deed Of Trust · related $285k · Meramec Vly Bk
    Jul 16, 2019 — Boulevard Plaza LLC — Trustees Deed · related $200k · Meramec Vly Bk
    Sep 1, 2017 — Boulevard Plaza LLC — Deed · related $200k · Meramec Vly Bk
    Apr 12, 2017 — Boulevard Plaza LLC Dennis,jack L & Joan L Warranty Deed $652k · Meramec Vly Bk
    — — Boulevard Plaza LLC — Deed Of Trust · related $200k · Meramec Vly Bk

    Description

    This exceptional retail property, located at 3015 High Ridge Blvd, High Ridge, Missouri 63049, presents a significant investment opportunity. The property boasts a substantial 25,617 square feet of space situated on a generous 4.59-acre lot. The building features a versatile layout, including upper-level retail space designed to maximize visibility and customer accessibility. In addition to the main retail area, the property includes lower-level office spaces, conveniently accessed from the rear of the building, providing flexibility for various business needs. A key feature is a sizable 7,560 square foot event center, complete with a full, double kitchen, offering significant potential for additional revenue streams or internal company events. Ample parking is available, with approximately 120 striped spaces currently available, and the potential for expansion. This property is ideally suited for a variety of retail uses and presents a rare opportunity to acquire a substantial, well-located commercial property in a thriving market. The property's size, amenities, and location combine to create a compelling investment prospect. The Jefferson County location offers excellent access to major transportation routes, ensuring high visibility and convenient access for customers and employees.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    High Ridge
    County
    Jefferson
    State
    Missouri
    Longitude
    -90.537
    Latitude
    38.4577
    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
    $20,262
    $59,700
    $213,400
    $273,100
    -
    $195,100
    $666,800
    $861,900

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      View Details
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      50+ Acre Land Opportunity

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      61.52 acres of land with approved PUD for 320 units.
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    Similar Nearby for Lease

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      Retail Space with Signalized Access

      Retail space available with high traffic and signalized access.
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      High Ridge Retail Space Available

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      1,000 SF

      High Ridge Retail/Office Space

      Retail and office suites available with high visibility.
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      Retail Space with Signalized Access

      Retail space available with high traffic and signalized access.
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      Renovated Office Retail Space Available

      2,277 sq ft renovated office/retail space with ample parking.
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      View Details
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    High Ridge, MO 63049
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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.

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