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    Property profile & analytics
    OFF-MARKET Estimated value $2,130,000
    Strip malls

    49 Florissant Rd, Saint Louis, MO 63135-2331

    53,333 SF 6.67 ac lot Built 1987
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US48-0611146
    Property summary
    AI-generated overview

    This exceptional 0.52-acre commercial land parcel presents a unique investment opportunity in Ferguson, Missouri. Strategically located at the corner of North Florissant Road and Bangert Avenue, within the established Schnucks shopping center, this property boasts unparalleled visibility. North Florissant Road experiences a high daily traffic volume of 14,000 vehicles, ensuring maximum exposure for any development. The surrounding area is anchored by a strong retail presence, including prominent national brands such as Schnucks, Dollar Tree, Walgreens, and Aaron's, creating a vibrant and thriving commercial environment. This prime location offers significant potential for a variety of commercial uses, benefiting from the established customer base and high traffic counts of the surrounding businesses. The property's address is 49 N Florissant Rd, Ferguson, MO 63135, situated in St. Louis County. The land is designated as commercial and offers significant development potential for businesses seeking high visibility and convenient access to a dense population. This is an exceptional opportunity to acquire a well-positioned commercial lot in a bustling retail area. The property's size and location make it ideal for a variety of commercial ventures.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1987
    Construction FRAME
    Total area 53,333 SF
    Lot 6.67 ac (290,545 SF)
    Zoning code 22DB-2
    APN 11H-1-1-105-2
    UPID US48-0611146
    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
    • Larry D. Perkins, RPH Pharmacy
    • CVS Pharmacy Pharmacy
    • MoneyGram Bank Credit Union
    • Shop 'n Save Specialty Food Shop Supermarket
    • People's Health Center Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.88M
    Blend (final) Blend
    $2.13M
    Owner & transaction history
    Investments Coats
    Investments Coats
    1 recorded transaction
    1969
    Zoning & alternative use
    22DB-2 · Saint Louis, MO
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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