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    3899 Veterans Memorial Pkwy St Peters, MO 63376
    Property profile & analytics

    3899 Veterans Memorial Pkwy, St Peters, MO 63376

    View on Map
    • Super regional malls
    • 25,825 SF
    • 2.14 lot acres
    For Lease
    $5,000,000
    View Listing →
    Retail Space for Lease For Lease
    $5,000,000

    Retail Space for Lease

    Retail space available for lease.

    3899 Veterans Memorial Pkwy, St Peters, MO 63376
    View Listing
    Property ID
    US48-0042816
    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
    $5,000,000
    Cap Rate Potential
    8.1%
    Super regional malls
    Location Intelligence

    Current Use by Public Records

    • Advanced Training and Rehab-Cave Springs/St. Peters / Medical Clinic
    • Subway 3899 veterans memorial pkway saintpeters mo 63376 / Restaurant
    • Regional Finance / Loan Service
    • John Sandman / Physician
    • Justin Buck / Physician

    Property Details for 3899 Veterans Memorial Pkwy

    Year built
    1985
    Lot size
    2.14 lot acres
    Zone code
    AE8
    Property type
    Super regional malls
    Property subtype
    Shopping centers
    APN
    6-0016-0979-00-0019.0000000
    APU
    9223372036854775807

    Description

    Blackstone Center, located at 3899 Veterans Memorial Pkwy in St. Peters, MO 63376, offers 6,262 square feet of retail space for lease. This multi-tenant property features four suites, each currently vacant, with sizes ranging from a minimum of 1,235 square feet to a maximum contiguous space of 1,942 square feet. The entire 6,262 square foot building is available. Situated in St. Charles County, this property benefits from a thriving business environment. St. Charles County has experienced significant growth in recent decades, boasting a strong economy fueled by major employers and a large, accessible workforce. The area offers a desirable location with convenient access to transportation and a robust local economy. The property is ideally suited for a variety of retail businesses seeking a prominent location within a dynamic and growing community. This prime retail space presents a unique opportunity to establish or expand a business in a highly sought-after area of St. Peters, Missouri. The property's location provides excellent visibility and accessibility, making it an attractive option for businesses seeking high foot traffic and convenient access for customers.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,800,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,332,000
      Market price range: $2.47M - $4.38M
      AI Estimate
      $3,332,000
      Market price range: $2.47M - $4.38M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $3,670,000
      Current use
      MEDICAL BUILDING
      $5,010,000
      Change: +37% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $4,475,000
      Change: +22% Conversion: Difficult
      RETAIL STORES
      $4,315,000
      Change: +18% Conversion: Easy
      OFFICE BUILDING
      $3,600,000
      Change: -2% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $3,520,000
      Change: -4% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Peters
    County
    St. Charles
    State
    Missouri
    Longitude
    -90.5649
    Latitude
    38.7915
    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
    0
    $0.00
    $0.00
    $0.00
    $724,866
    -
    $1,002,094
    $1,263,112
    $2,265,206

    Comparable in this City

    • Value Estimation
      $515,000
      3,040 SF

      611 Salt Lick Rd

      REGIONAL SHOPPING CENTER, MALL
      611 Salt Lick Rd, Saint Peters, MO 63376-1170
      View Details
    • Value Estimation
      $1,725,000
      18,000 SF

      4280 Service Rd

      REGIONAL SHOPPING CENTER, MALL
      4280 Service Rd, Saint Peters, MO 63376-3966
      View Details
    • Value Estimation
      $510,000
      3,011 SF

      650 Jungermann Rd

      REGIONAL SHOPPING CENTER, MALL
      650 Jungermann Rd, Saint Peters, MO 63376-2771
      View Details
    • Value Estimation
      $43,000,000
      449,111 SF

      1600 Mid Rivers Mall

      REGIONAL SHOPPING CENTER, MALL
      1600 Mid Rivers Mall, Saint Peters, MO 63376-4360
      View Details
    • Value Estimation
      $1,635,000
      11,270 SF

      596 Jungermann Rd

      REGIONAL SHOPPING CENTER, MALL
      596 Jungermann Rd, Saint Peters, MO 63376-2776
      View Details
    • Value Estimation
      $3,470,000
      33,730 SF

      3627 Saint Peters Pkwy

      REGIONAL SHOPPING CENTER, MALL
      3627 Saint Peters Pkwy, Saint Peters, MO 63376-7303
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,690 SF

      Multi-Tenant Office Building For Sale

      Multi-tenant office building with great investment potential in a busy area.
      1395 Jungermann Rd, St Peters, MO 63376
      View Details
    • Contact for pricing
      38,676 SF

      Retail and Warehouse Investment Opportunity

      Retail strip center with warehouse buildings for sale.
      3909-3917 Mid Rivers Mall Dr, Cottleville, MO 63376
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    • Contact for pricing
      5,029 SF

      St. Peters Car Wash Facility

      5,029 SF car wash with automotive bays for sale.
      1525 Jungermann Rd, St Peters, MO 63376
      View Details
    • $200,000
      Pending

      Remodeled Commercial Property on Jungermann

      Newly remodeled commercial property on heavily traveled Jungermann Road.
      406 Jungermann Rd, St Peters, MO 63376
      View Details
    • Contact for pricing
      140,970 SF

      Retail Property For Sale

      Retail property available for sale in Saint Peters, Missouri.
      3 Mid Rivers Mall Dr, Saint Peters, MO 63376
      View Details
    • Contact for pricing
      Pending

      Branded Gas Station with Auto

      Gas station with auto shop in high-traffic corner location.
      3949 Veterans Memorial Pkwy, St Peters, MO 63376
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,080 SF

      Retail/Office Space in St. Peters

      1,075 SF retail/office space in premier retail corridor.
      301-309 Mid Rivers Mall Dr, St Peters, MO 63376
      View Details
    • Contact for pricing
      15,000 SF

      Retail Space in Mid Rivers Plaza

      15,000 SF retail space available for sublease.
      235-235 Mid Rivers Mall Dr, St Peters, MO 63376
      View Details
    • Contact for pricing
      1,195 SF

      Retail Space with High Visibility

      Multi-tenant retail building with updated features and ample parking.
      3701 N St Peters Pkwy St, St Peters, MO 63376
      View Details
    • Contact for pricing
      1,400 SF

      Retail Spaces Near Signalized Intersection

      Two 1,400 SF retail spaces available for lease.
      625-635 Salt Lick Rd, St Peters, MO 63376
      View Details
    • Contact for pricing
      70,485 SF

      Mid Rivers Mall Retail Opportunity

      Former Sears box available for lease in St. Peters.
      3 Mid Rivers Mall Dr, St Peters, MO 63376
      View Details
    • Contact for pricing
      900 SF

      Retail Space in Saint Peters

      Retail suites available in Saint Peters, Missouri shopping center.
      915-955 Jungermann Rd, Saint Peters, MO 63376
      View Details
    View Listing
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    St Peters, MO 63376
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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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