Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    324 Thf Blvd Chesterfield, MO 63005-1131

    • Retail properties & Spaces
    • 48,390 SF
    OFF-MARKET
    Value Estimations
    $4,920,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-0912150
    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.

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 324 Thf Blvd

    Year built
    2011
    Construction
    WOOD
    Property size
    48,390 SF
    Zone code
    105PC
    Property type
    Retail properties & Spaces
    APN
    17U-3-3-033-2
    APU
    17U330332

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,311,000
      Market price range: $4.99M - $8.57M
      AI Estimate
      $3,383,000
      Market price range: $1.50M - $8.10M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $7,355,000
      Current use
      OFFICE BUILDING
      $7,015,000
      Change: -5% Conversion: Easy
      AUTO REPAIR, GARAGE
      $6,880,000
      Change: -6% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Chesterfield
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.6042
    Latitude
    38.6664
    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
    $111,217
    $0.00
    $1,264,060
    $1,264,060
    -
    $0.00
    $3,950,200
    $3,950,200

    Comparable in this City

    • Value Estimation by Request
      11.60 Acres

      947 Wild Horse Creek Rd

      Land • 11.60 Acres
      947 Wild Horse Creek Rd, Wildwood, MO 63005
      View Details
    • Value Estimation by Request
      89,734 SF

      84 Arnage Rd

      Restaurants • 89,734 SF
      84 Arnage Rd, Chesterfield, MO 63005
      View Details
    • Value Estimation
      $20,530,000
      196,141 SF

      100 Thf Blvd

      DEPARTMENT STORE • 196,141 SF
      100 Thf Blvd, Chesterfield, MO 63005-1123
      View Details
    • Value Estimation by Request

      17041 Baxter Rd

      Neighborhood centers
      17041 Baxter Rd, Chesterfield, MO 63005
      View Details
    • Value Estimation
      $1,285,000
      7,000 SF

      110 Thf Blvd

      DEPARTMENT STORE • 7,000 SF
      110 Thf Blvd, Chesterfield, MO 63005-1123
      View Details
    • Value Estimation by Request
      2,948 SF

      17421 Private Valley Ln

      Retail properties & Spaces • 2,948 SF
      17421 Private Valley Ln, Chesterfield, MO 63005
      View Details

    Similar Nearby for Sale

    • $1,300,000
      2,948 SF

      Chesterfield Retail Property: Prime Location

      Retail space, 2,948 sq ft, 4.15 acres.
      17421 Private Valley Ln, Chesterfield, MO 63005
      View Details
    • $4,000,000
      6,703 SF

      Chesterfield Restaurant - Fee Simple

      High-cap restaurant, prime location. Excellent investment.
      2 Mcbride And Son Center Dr, Chesterfield, MO 63005
      View Details
    • $2,600,532
      5.97 Acres

      Prime Chesterfield Commercial Land

      5.97 Acres, I-64/40 Frontage
      18379 Chesterfield Airport Rd, Chesterfield, MO 63005
      View Details
    • Contact for pricing
      1,881 SF

      Chesterfield Office Space Available

      Office space for sale in Chesterfield, Missouri.
      714 Park Dr, Chesterfield, MO 63005
      View Details
    • Contact for pricing

      Land Available in Chesterfield, MO

      Land for sale at 17947 Chesterfield Airport Rd
      17947 Chesterfield Airport Rd, Chesterfield, MO 63005
      View Details
    • Contact for pricing

      Commercial Land at Baxter & Wildhorse

      Corner lot zoned C8 near restaurants, shopping, and future development.
      16600 Wild Horse Creek Rd, Chesterfield, MO 63005
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      89,734 SF

      Chesterfield Airport Road Outparcels

      Prime Retail Land, Two Parcels Available
      84 Arnage Rd, Chesterfield, MO 63005
      View Details
    • Contact for pricing

      Chesterfield Commons Retail Land

      Prime Chesterfield retail land, 2.13 acres.
      17399 Chesterfield Airport Rd, Chesterfield, MO 63005
      View Details
    • Contact for pricing

      Chesterfield Retail Land Opportunity

      Seven-acre commercial lot, prime location.
      18575 Outlet Blvd, Chesterfield, MO 63005
      View Details
    • $18 SF/Yr
      2,150 SF

      Chesterfield Retail Center Opportunity

      Two retail spaces available, high traffic area.
      103 Long Rd, Chesterfield, MO 63005
      View Details
    • $17 SF/Yr
      1,462 SF

      Chesterfield Valley Retail/Office Space

      Class A retail/office space in Chesterfield Valley for lease.
      703 Long Road Crossing Dr, Chesterfield, MO 63005
      View Details
    • Contact for pricing
      8,420 SF

      New Retail Spaces Available

      New construction retail spaces coming soon in Grover, MO.
      17157-17133 New College Ave, Grover, MO 63005
      View Details

    Property Visit Statistics

    • Visits by month
      1.8k
    • Visitors by month
      1.7k
    • Avg Time on site
      37 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    324 Thf Blvd
    Chesterfield, MO 63005-1131
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!