5875 Highway 67Florissant, MO 63034

Property Details for 5875 Highway 67

Lot size

11.70 AC

Zone code

NU

Property type

Retail space

APN

06F-4-3-007-8

APU

06F430078

Description

This exceptional 11.48-acre commercial development site is ideally located in Florissant, Missouri, at 5875 N Hwy 67, zip code 63034. Boasting a prime location along Lindbergh Boulevard (Highway 67), this property benefits from exceptional visibility and accessibility, with convenient access from both Lindbergh and Old Jamestown Roads. The site is zoned C-8 Commercial, offering a wide range of development possibilities, including retail, industrial, or multi-family projects. With a daily traffic count of 20,898 vehicles, this location ensures high exposure for any development. The property's proximity to the soon-to-be-redeveloped Jamestown Mall further enhances its investment potential. All utilities are available on-site, simplifying the development process. This significant parcel presents a rare opportunity to capitalize on a high-traffic location in a rapidly evolving area of St. Louis County. The property's size and zoning make it suitable for a variety of commercial ventures, promising substantial returns for the discerning investor. Don't miss this chance to secure a premier development site in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $200,438,976

  6.5%

  $185,020,592

  7%

  $171,804,832

• Comparable approach

  Method

  Valuation

  Relative Method

  $100,125,824

  Geo Method

  $100,125,824

• Alternative Use

  Use

  Valuation

  Residential

  $156,071,792

  Hospitality

  $142,960,928

  Educational

  $118,941,808

  Medical

  $123,032,400

  Retail

  $185,020,592

Location Insight

City

Florissant

County

St. Louis

State

Missouri

Latitude

38.8238

Longitude

-90.2528

CBSA code

41180

CBSA name

ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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