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Property profile & analytics
OFF-MARKET
Medical Office Space

540 Howdershell Rd Florissant, MO 63031-6450

2,590 SF 0.74 ac lot Built 1980
Individually Owned 26-yr Hold Free & Clear
Property ID
US48-0159997
Property summary
AI-generated overview

This exceptional 0.77-acre commercial property at 540 Howdershell Road, Florissant, MO, offers a unique investment opportunity. The site boasts a 2,700 square foot office building, presenting options for continued commercial use or exciting redevelopment possibilities. Situated on a major Florissant thoroughfare, this location benefits from high visibility and significant daily traffic volume, estimated at approximately 33,000 vehicles. The property's prime location ensures excellent exposure for any business. The existing building provides immediate income potential, or a solid foundation for future development. The asking price for this versatile property is $360,000. Alternatively, the property is available for lease at a competitive rate of $15.00 per square foot (gross). This presents a compelling opportunity for businesses seeking a prominent location with high traffic counts and the flexibility to adapt the space to their specific needs. The substantial lot size offers ample room for expansion or future development projects. Interested parties are encouraged to explore this promising investment or lease opportunity further.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL CLINIC
Year built 1980
Construction FRAME
Total area 2,590 SF
Lot 0.74 ac (32,234 SF)
Zoning code 24B5
APN 07L-3-4-086-1
UPID US48-0159997
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
  • Milberg David L DDS Dental Office
  • Moeller Lisa Dental Office
  • webuyanycar.com Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
David L Milberg · 26 yrs held
David L Milberg
since 2000
1 recorded transaction
2000
Price N/A
Zoning & alternative use
24B5 · Florissant, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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