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Property profile & analytics
OFF-MARKET Estimated value $4,545,000
Super regional malls

318 Mid Rivers Mall Dr Saint Peters, MO 63376-1575

16,953 SF 1.6 ac lot Built 1985
Entity Owned 3-yr Hold Free & Clear
Property ID
US48-0981006
Property summary
AI-generated overview

This exceptional retail opportunity is located in the thriving Village Mall at 318 Mid Rivers Mall Dr, St. Peters, MO 63376, within St. Charles County. The property offers multiple spaces totaling 2,316 square feet, currently vacant and ready for immediate occupancy. Individual spaces range from a minimum of 695 square feet to a maximum contiguous space of 1,621 square feet, providing flexibility for various business needs. Ample parking is available for customers and employees, ensuring convenient access. The property is ideally suited for retail or restaurant uses, benefiting from its location in a dynamic community. St. Peters boasts a strong economy, with significant recent commercial development, including large retail projects and the establishment of an Amazon fulfillment center, creating a robust local market and substantial employment base. The city's high ranking as a desirable place to live and work translates to a large pool of potential customers. This prime location offers excellent visibility and accessibility, making it an attractive investment for businesses seeking to establish or expand their presence in a thriving market. The property's versatile space and ample parking make it a highly desirable location for a variety of retail or restaurant concepts.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1985
Total area 16,953 SF
Lot 1.6 ac (69,696 SF)
Zoning code AB2
APN 2-0111-5497-00-001A.0000000
UPID US48-0981006
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Southwestern Hearing Centers Audiologist Hearing Aid Store
  • Tropical Smoothie Cafe Restaurant
  • Penn Station East Coast Subs Take-out & Catering
  • Gessert Eugene K Physician
  • CBD Kratom St. Peters (Bike/Boat/Book/etc) Store Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.75M
Comparable Approach Comparable
$2.88M
Blend (final) Blend
$4.55M
Owner & transaction history
Village Mall Baceline LLC · 3 yrs held
Village Mall Baceline LLC
since 2022
Last sale
$4.5M
3 recorded transactions
2022
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
AB2 · Saint Peters, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $6.5M +167.9%
Medical building $3.3M +36.6%
Auto repair, garage $2.9M +22.0%
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