12300 Dorsett RdMaryland Heights, MO 63043

  • Retail space
  • 7,040 SF

Property Details for 12300 Dorsett Rd

Year built
1998
Lot size
0.72 AC
Property size (Sq ft)
7,040 SF
Zone code
104C-2
Property type
Retail space
APN
14O-5-2-062-4
APU
14O520624

Description

This exceptional retail property, located at 12300 Dorsett Road in Maryland Heights, Missouri, 63043, offers a single-tenant occupancy opportunity. The building boasts a total of 7,362 square feet, with 3,464 square feet currently vacant and ready for immediate occupancy. This presents a unique chance for a business to establish a strong presence in a thriving commercial area. The property's convenient location provides excellent visibility and accessibility, making it an ideal choice for a variety of retail ventures. The single-tenant setup offers flexibility and control, allowing businesses to customize the space to perfectly suit their operational needs. The ample square footage provides room for expansive retail displays, comfortable customer areas, and efficient back-of-house operations. This property is situated in a dynamic commercial zone within Maryland Heights, offering easy access to major transportation routes and a diverse customer base. The vacant space is ready for immediate renovation and customization, allowing businesses to create a truly unique and effective retail environment. Serious inquiries are encouraged to explore this prime retail opportunity in a highly desirable location. The property is zoned for commercial use and offers significant potential for growth and success. Don't miss this chance to secure a prominent retail space in a thriving Missouri market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,768,733
    6.5%
    $2,555,754
    7%
    $2,373,200
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,383,073
    Geo Method
    $1,383,073
  • Alternative Use

    Use
    Valuation
    Residential
    $2,155,874
    Hospitality
    $1,974,769
    Educational
    $1,642,984
    Medical
    $1,699,489
    Retail
    $2,555,754

Location Insight

City
Maryland Heights
County
St. Louis
State
Missouri
Latitude
38.7139
Longitude
-90.4489
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
$42,129
$100,350
$289,660
$390,010
-
$313,600
$905,200
$1,218,800

FAQs

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