Property profile

540 Howdershell Rd Florissant, MO 63031

FOR SALE
Medical Office Space
Property ID
US48-0159997
2,590 SF 0.74 ac lot Built 1980
Individually Owned 26-yr Hold Free & Clear
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For Sale
Contact for pricing 2,590 SF
540 Howdershell Rd, Florissant, MO 63031
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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

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Car Dealership

Location

540 Howdershell Rd Florissant, MO 63031
Florissant metro Census 211331 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2000
1 recorded transaction
2000
Price N/A

Zoning & alternative use

24B5 · Florissant, MO

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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