18575 Outlet BlvdChesterfield, MO 63005

  • Parking lots & garages
  • 17.56 AC

Property Details for 18575 Outlet Blvd

Lot size
17.56 AC
Zone code
NU
Property type
Parking lots & garages
APN
16W-2-1-005-5
APU
16W210055

Description

This exceptional seven-acre commercial land parcel presents a unique investment opportunity in the thriving Chesterfield, Missouri market. Located at 18575 Outlet Blvd, this single-tenant property offers significant potential for retail development. The expansive lot size provides ample space for a variety of commercial ventures, catering to the area's robust consumer base. Situated in St. Louis County, the property benefits from excellent visibility and accessibility, ensuring high traffic flow and strong brand recognition. The address, 18575 Outlet Blvd, Chesterfield, MO 63005, places the land in a strategic location within a dynamic commercial corridor. With its substantial acreage and prime location, this property is ideal for developers seeking to establish a new retail presence or expand existing operations. The property is zoned for commercial use, allowing for a wide range of development possibilities. The site's flat topography simplifies construction and minimizes site preparation costs. This is a rare opportunity to acquire a large, well-located parcel in a high-demand area, offering significant long-term growth potential. The property's size and location make it an attractive investment for both established businesses and emerging entrepreneurs. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering. The property is ready for immediate development, presenting a unique opportunity to capitalize on the thriving Chesterfield market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $294,973,376
    6.5%
    $272,283,136
    7%
    $252,834,336
  • Comparable approach

    Method
    Valuation
    Relative Method
    $150,257,104
    Geo Method
    $150,257,104
  • Alternative Use

    Use
    Valuation
    Residential
    $229,681,008
    Hospitality
    $210,386,560
    Educational
    $175,039,152
    Medical
    $181,059,024
    Retail
    $272,283,136

Location Insight

City
Chesterfield
County
St. Louis
State
Missouri
Latitude
38.6793
Longitude
-90.6624
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
$146,889
$1,669,500
-
$1,669,500
-
$5,217,200
-
$5,217,200

FAQs

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