Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,700,000
Strip malls
440 Hwy 67th St Florissant, MO 63031-5102
Entity Owned
4-yr Hold
Free & Clear
Property ID
US48-0602276
Property summary
AI-generated overview
This exceptional retail property, located at 440 N Hwy 67 in Florissant, Missouri, 63031, offers a prime opportunity for businesses seeking high-visibility locations. The Florissant Square strip center boasts a total of 83,804 square feet of retail space, with multiple units currently available. Individual spaces range from a minimum of 1,226 square feet to a maximum contiguous space of 4,713 square feet, providing flexibility for various business needs. A significant 9,265 square feet of space is currently vacant, presenting a unique chance to establish a presence in this thriving commercial area. The property's strategic location on Highway 67 ensures high traffic volume and excellent exposure to potential customers. This is an ideal investment for businesses seeking a well-established retail location in a bustling Missouri community. The property's size and layout offer a variety of options for single or multi-tenant occupancy. Interested parties are encouraged to inquire about available spaces and lease terms. This is a rare opportunity to secure prime retail space in a high-demand area.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2000
Construction
METAL FRAME
Total area
96,780 SF
Lot
7.31 ac (318,424 SF)
Zoning code
24B3
APN
08K-6-4-012-9
UPID
US48-0602276
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
-
Florissant Square Shopping Center Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.58M
CAP Approach
CAP
$6.40M
Comparable Approach
Comparable
$7.75M
Blend (final)
Blend
$6.70M
Owner & transaction history
Sky Florissant LLC · 4 yrs held
Sky Florissant LLC
since 2021
Last sale
$6.3M
3 recorded transactions
Zoning & alternative use
24B3 · Florissant, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Florissant submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Florissant submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$6,700,000
ML approach
$7,575,000
CAP Approach
CAP Return
Estimation
6%
$6,930,000
6.5%
$6,400,000
7%
$5,940,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$9,625,000
Current use
RETAIL STORES
$9,345,000
Change: -3% · Conversion: Easy
COMMERCIAL (GENERAL)
$8,540,000
Change: -11% · Conversion: Easy
INDUSTRIAL (GENERAL)
$7,705,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$6.70M
Range $6.03M – $7.37M · ±10% · vs last sale $6.25M (Dec 1 2021)
Last sale anchor
$6.25M
Dec 1 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$69 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$243,167
Tax year 2023
Assessed value
$1,997,280
Assessed 2023
Previous assessed
$1,997,280
+0.0% YoY
Effective rate
12.17%
On assessed value
Assessed land
$694,750
Assessed improvement
$1,302,530
Land market value
$2,171,100
Improvement market value
$4,070,400
Total market value
$6,241,500
Applied tax rate
139.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2000
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
11
Total area
96,780 SF
Lot
7.31 ac (318,424 SF)
Zoning code
24B3
APN
08K-6-4-012-9
UPID
US48-0602276
Jurisdiction
ST LOUIS
Zoning & alternative use
24B3 · Florissant, MOZoning 24B3 · permitted uses
24B3 · Florissant, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$9.6M
RETAIL STORES
Est. value
$9.3M
COMMERCIAL (GENERAL)
Est. value
$8.5M
INDUSTRIAL (GENERAL)
Est. value
$7.7M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
11
Lot
7.31 ac
Current owner
From public records · entity-resolved
Sky Florissant LLC
Entity
Free & Clear · 4 yrs held
Mailing address
10101 FONDREN RD STE #545, HOUSTON, TX 77096-5148
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2021
$6,250,000
Sky Florissant LLC
An Wg Florissant LP
Special Warranty Deed
—
Jan 7, 2014
$9,120,000
An Wg Florissant LP
Bowen Development Company
Special Warranty Deed
—
Oct 3, 2008
$6,120,000
Bowen Dev Co
Cuna Mutual Insurance Society
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 440 Hwy 67th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
