Property profile

6940 Mexico Rd St Peters, MO 63376

FOR SALE
Investment properties
Property ID
US48-0315658
1,929 SF 1.21 ac lot Built 1965
Entity Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1.21-acre commercial property, located at 6940 Mexico Road in St. Peters, Missouri, presents a unique investment opportunity. The site boasts a total of 10,500 square feet of vacant land, currently zoned for retail use, and is ideally suited for a variety of commercial developments. Its strategic location within St. Charles County, zip code 63376, places it amidst a thriving retail and residential area, ensuring high visibility and accessibility. The single-tenant property offers significant potential for developers seeking to capitalize on the area's robust growth. The property's versatility allows for diverse commercial uses, including auto, medical, or banking facilities. With its ample space and prime location, this property is poised for immediate development and offers a strong return on investment. The 10,500 square foot lot provides ample room for construction, and its existing infrastructure makes it a particularly attractive proposition. This is a rare opportunity to acquire a significant commercial parcel in a high-demand area. The property's location in St. Peters, Missouri, offers easy access to major transportation routes, further enhancing its appeal to potential tenants and investors. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly growing market.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1965
Total area 1,929 SF
Lot 1.21 ac (52,708 SF)
APN 2-0063-A651-00-0002.0000000
UPID US48-0315658

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6940 Mexico Rd St Peters, MO 63376
St Peters metro Census 312400 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$170k

Owner & transaction history

since 2018
7 recorded transactions
2018
$150,000
2012
Price N/A
2010
Price N/A
2006
Price N/A
2005
$395,624
2005
Price N/A
2005
$18.1M

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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More about this property
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