318 Mid Rivers Mall Dr St. Peters, MO 63376
- Super regional malls
- 16,953 SF
- 1.60 lot acres
Current Use by Public Records
- Southwestern Hearing Centers / Hearing Aid Store / Audiologist
- Tropical Smoothie Cafe / Breakfast Restaurant / Cafe
- Penn Station East Coast Subs / Sandwich Shop / Restaurant
- Gessert Eugene K / Speech Pathologist
- CBD Kratom St. Peters / Vitamin & Supplements Store
Property Details for 318 Mid Rivers Mall Dr
- Year built
- 1985
- Lot size
- 1.60 lot acres
- Property size
- 16,953 SF
- Zone code
- AB2
- Property type
- Super regional malls
- APN
- 2-0111-5497-00-001A.0000000
- APU
- 20111549700001A0000000
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,530,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,920,000
- 6.5%
- $4,635,000
- 7%
- $4,150,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,840,000
- Geo Method
- $4,355,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,040,000
- Retail
- $4,515,000
- Mixed-Use
- $4,200,000
- Hospitality
- $4,365,000
- Educational
- $5,480,000
- Residential Income
- $4,915,000
- Energy
- $4,520,000
- Income-Based Land
- $4,445,000
- Food Service
- $4,675,000
Location Insight
- Map
- Local Demand
- City
- Saint Peters
- County
- St. Charles
- State
- Missouri
- Longitude
- -90.6237
- Latitude
- 38.7923
- CBSA code
- 41180
- CBSA name
- ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA