428 Howdershell RdFlorissant, MO 63031

  • Strip malls
  • 35,580 SF

Property Details for 428 Howdershell Rd

Year built
1990
Construction
METAL FRAME
Lot size
3.72 AC
Property size (Sq ft)
35,580 SF
Zone code
C2
Property type
Strip malls
Property subtype
Neighborhood centers
APN
07L-3-4-078-4
APU
07L340784

Description

Boardwalk Plaza offers a unique retail or restaurant space in the thriving Florissant, MO market. This end-cap unit, located at 428 Howdershell Rd, zip code 63031, boasts a flexible footprint ranging from 1,200 to 2,200 square feet. The space is currently available for the first time in over 25 years, presenting a rare opportunity to establish a business in a well-established center. The property benefits from a full kitchen already in place, including a hood system, walk-in cooler/freezer, and sinks, although some updating may be needed. An additional 1,000 square feet of adjacent space is also available, providing expansion potential. Boardwalk Plaza enjoys a strong tenant mix, including established businesses such as Max's Meats and Butchershop, Feel State Dispensary, Royals Liquor, Beauty Supply, Refresh Extra Nails, Sunworks Tanning, St. Louis Fish and Chicken, LA Dance Studio, Design and Print, and Bell Brown Nursing School. A Bank of America ATM is conveniently located in the parking lot for added customer convenience. This location offers high visibility and accessibility, making it an ideal space for a variety of businesses. The property is situated at 38.804656 latitude and -90.361692 longitude.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $13,993,114
    6.5%
    $12,916,721
    7%
    $11,994,098
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,990,018
    Geo Method
    $6,990,018
  • Alternative Use

    Use
    Valuation
    Residential
    $10,895,737
    Hospitality
    $9,980,437
    Educational
    $8,303,606
    Medical
    $8,589,180
    Retail
    $12,916,721

Location Insight

City
Florissant
County
St. Louis
State
Missouri
Latitude
38.8047
Longitude
-90.3617
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
$109,847
$185,310
$716,930
$902,240
-
$579,100
$2,240,400
$2,819,500

FAQs

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