440 Highway 67Florissant, MO 63031

  • Strip malls
  • 96,780 SF

Property Details for 440 Highway 67

Year built
2000
Construction
METAL FRAME
Lot size
7.31 AC
Property size (Sq ft)
96,780 SF
Zone code
24B3
Property type
Strip malls
Property subtype
Neighborhood centers
APN
08K-6-4-012-9
APU
08K640129

Description

This exceptional retail property, located at 440 N Hwy 67 in Florissant, Missouri, 63031, offers a prime opportunity for businesses seeking high-visibility locations. The Florissant Square strip center boasts a total of 83,804 square feet of retail space, with multiple units currently available. Individual spaces range from a minimum of 1,226 square feet to a maximum contiguous space of 4,713 square feet, providing flexibility for various business needs. A significant 9,265 square feet of space is currently vacant, presenting a unique chance to establish a presence in this thriving commercial area. The property's strategic location on Highway 67 ensures high traffic volume and excellent exposure to potential customers. This is an ideal investment for businesses seeking a well-established retail location in a bustling Missouri community. The property's size and layout offer a variety of options for single or multi-tenant occupancy. Interested parties are encouraged to inquire about available spaces and lease terms. This is a rare opportunity to secure prime retail space in a high-demand area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $38,062,216
    6.5%
    $35,134,352
    7%
    $32,624,756
  • Comparable approach

    Method
    Valuation
    Relative Method
    $19,013,322
    Geo Method
    $19,013,322
  • Alternative Use

    Use
    Valuation
    Residential
    $29,637,140
    Hospitality
    $27,147,462
    Educational
    $22,586,370
    Medical
    $23,363,150
    Retail
    $35,134,352

Location Insight

City
Florissant
County
St. Louis
State
Missouri
Latitude
38.797
Longitude
-90.3372
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
$243,167
$694,750
$1,302,530
$1,997,280
-
$2,171,100
$4,070,400
$6,241,500

FAQs

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