3324 Hollenberg DrBridgeton, MO 63044

Property Details for 3324 Hollenberg Dr

Year built

1983

Construction

TYPE NOT SPECIFIED

Lot size

1.17 AC

Property size (Sq ft)

10,500 SF

Zone code

10M-3

Property type

Investment properties

Property subtype

Live-work space

APN

11O-6-4-032-5

APU

11O640325

Description

This exceptional 10,500-square-foot single-story building in Bridgeton, Missouri, presents a unique opportunity for businesses seeking flexible workspace. Currently zoned C in St. Louis County, this property offers a blend of office and flex space, ideal for a variety of uses. The building underwent renovations in 2016, ensuring modern amenities and functionality. With 6,797 square feet currently vacant, there's ample space available for immediate occupancy. The property sits on a generous 1.17-acre lot, providing ample room for expansion or outdoor amenities. Parking is conveniently provided at a ratio of 4.5 spaces per 1,000 square feet. The building is available for both sale and lease, offering flexibility to suit various business needs. A special price of $950,000 is currently offered for sale, and a reduced first-year rental rate is available through December 2024. Located at 3324 Hollenberg Drive, Bridgeton, MO 63044, this property offers easy access to major transportation routes and local amenities. The building's multiple tenancy capability makes it suitable for a variety of business models. Don't miss this chance to acquire a versatile and well-maintained commercial property in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,809,186

  6.5%

  $2,593,094

  7%

  $2,407,873

• Comparable approach

  Method

  Valuation

  Relative Method

  $818,580

  Geo Method

  $818,580

• Alternative Use

  Use

  Valuation

  Residential

  $3,215,437

  Hospitality

  $2,945,323

  Educational

  $2,450,474

  Medical

  $2,534,750

  Retail

  $3,811,848

Location Insight

City

Bridgeton

County

St. Louis

State

Missouri

Latitude

38.7552

Longitude

-90.4398

CBSA code

41180

CBSA name

ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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