18350 Chesterfield Airport RdChesterfield, MO 63005

  • Retail space
  • 4,848 SF
For Sale
$1,785,000 View listing

Property Details for 18350 Chesterfield Airport Rd

Year built
1970
Construction
FRAME
Lot size
1.34 AC
Property size (Sq ft)
4,848 SF
Zone code
105M3
Property type
Retail space
APN
17W-6-2-028-0
APU
17W620280

Description

This exceptional 5.12-acre commercial property presents a unique development opportunity in the thriving Chesterfield Valley area of Missouri. Comprising three contiguous parcels at 18350 Chesterfield Airport Road, 18362 Chesterfield Airport Road, and 18367 Wings of Hope Boulevard, this land offers unparalleled versatility and strategic positioning. The property boasts excellent visibility and accessibility, situated within one mile of major attractions including the St. Louis Premium Outlets, Topgolf, The District entertainment venue, and Spirit of St. Louis Airport. Its proximity to Gateway Studios & Production Services further enhances its appeal. The site's flat topography and multiple access points simplify development planning, while readily available utilities including electric, water, sewer, and fiber optic services minimize infrastructure challenges. Flexible zoning allows for a wide range of uses, including industrial, flex, office, or general commercial development. Whether you envision a single-purpose facility or a multi-use campus, this property offers the potential to create a significant and impactful development within a high-demand location. The asking price is $1,500,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,852,838
    6.5%
    $1,710,312
    7%
    $1,588,147
  • Comparable approach

    Method
    Valuation
    Relative Method
    $952,434
    Geo Method
    $952,434
  • Alternative Use

    Use
    Valuation
    Residential
    $1,442,712
    Hospitality
    $1,321,517
    Educational
    $1,099,486
    Medical
    $1,137,300
    Retail
    $1,710,312

Location Insight

City
Chesterfield
County
St. Louis
State
Missouri
Latitude
38.6702
Longitude
-90.6498
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$14,922
$130,370
$39,230
$169,600
-
$407,400
$122,600
$530,000

FAQs

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