Property profile

701 New Ballas Rd Saint Louis, MO 63141

OFF-MARKET
Strip malls
Property ID
US48-0182430
4,758 SF 2.83 ac lot Built 1983
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Plaza Shops in Creve Coeur, Missouri, offers a fantastic retail opportunity at 701 N New Ballas Rd, 63141. This established shopping center boasts a total of 26,012 square feet of retail space, strategically located at the intersection of N Ballas Rd and Olive Blvd. Currently, there are 4,846 square feet of vacant space available, with a minimum divisible unit of 1,038 square feet and a maximum contiguous space of 2,396 square feet, perfect for a variety of retail uses, including storefront, shopping center, or restaurant concepts. The property provides ample parking with a ratio of 6.3 spaces per 1,000 square feet. The available space is delivered in "white box" condition, allowing for complete customization to suit your business needs. This high-traffic location in the Creve Coeur submarket offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a thriving retail environment. The property's prime location and flexible space options make it a compelling investment opportunity. Contact us today to learn more about this exceptional retail space.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1983
Construction FRAME
Total area 4,758 SF
Lot 2.83 ac (123,275 SF)
Zoning code 82CB
APN 17O-3-3-122-1
UPID US48-0182430

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
  • Restaurant

Location

701 New Ballas Rd Saint Louis, MO 63141-6715
Saint Louis metro Census 215201 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$460k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$455k

Owner & transaction history

since 2017
5 recorded transactions
2023
Price N/A
2017
Price N/A
2017
$6.7M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

82CB · Saint Louis, 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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