355 Mid Rivers Mall Dr Saint Peters, MO 63376-1593
- Office buildings
- 9,640 SF
- 0.98 lot acres
Current Use by Public Records
- Dr. Justin Hoffman / Chiropractor / Practitioner Service Location
- MyCredit Repair / Bookkeeping Service / Corporate Office
- Tidal Wave Express Car Wash / Car Wash
- Mortgage Stop / Mortgage Lender
- Lewis & Clark Title / Title Company
Property Details for 355 Mid Rivers Mall Dr
- Year built
- 1980
- Lot size
- 0.98 lot acres
- Property size
- 9,640 SF
- Zone code
- AB2
- Property type
- Office buildings
- APN
- 2-0111-5391-00-0001.0000000
- APU
- 9223372036854775807
Description
This exceptional 1.28-acre commercial land parcel presents a compelling redevelopment opportunity in the thriving St. Peters, Missouri market. Located at 355 Mid Rivers Mall Drive, the property boasts unparalleled visibility and accessibility, situated near the intersection of Mid Rivers Mall Drive and Mexico Road. The site benefits from strong traffic counts and convenient access to a bustling commercial corridor, ensuring high exposure for any future development. The property's APN is 2-0111-5391-00-0001.0000000 and is zoned for commercial use. The asking price is $1,900,000, translating to a land value of $26.88 per square foot. The surrounding area is anchored by a diverse range of established retailers, including Schnucks, Aldi, Barnes & Noble, DSW, Academy Sports, Burlington, Marshalls, Home Goods, Ulta, Old Navy, Outback Steakhouse, and Cooper's Hawk Winery & Restaurants, among many others. This strategic location offers significant potential for a variety of commercial ventures, capitalizing on the high traffic volume and established retail presence. The property's prime location and strong surrounding commercial activity make it an ideal investment for developers seeking a high-impact project in a dynamic market. This is a rare opportunity to acquire a significant commercial land parcel in a highly desirable area of St. Charles County, Missouri.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,915,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,620,000
- 6.5%
- $1,630,000
- 7%
- $1,555,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,495,000
- Geo Method
- $1,770,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,555,000
- Retail
- $1,740,000
- Mixed-Use
- $1,410,000
- Hospitality
- $1,795,000
- Educational
- $1,710,000
- Residential Income
- $1,810,000
- Energy
- $1,430,000
- Income-Based Land
- $1,815,000
- Food Service
- $1,490,000
Location Insight
- Map
- Local Demand
- City
- Saint Peters
- County
- St. Charles
- State
- Missouri
- Longitude
- -90.626
- Latitude
- 38.7905
- CBSA code
- 41180
- CBSA name
- ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
