975 Hornet DrHazelwood, MO 63042

  • Office buildings
  • 40,816 SF

Property Details for 975 Hornet Dr

Year built
2000
Lot size
3.48 AC
Property size (Sq ft)
40,816 SF
Zone code
80I
Property type
Office buildings
APN
09M-2-2-042-3
APU
09M220423

Description

This exceptional single-tenant office building, located at 975 Hornet Dr in Hazelwood, Missouri, offers a substantial 40,816 square feet of readily available space. Situated in St. Louis County, zip code 63042, this property presents a unique opportunity for businesses seeking a significant footprint in a prime location. The entire building is currently vacant, providing immediate occupancy for a single tenant. The property's classification as an "Executive Office" suggests a high-quality build-out and finishes, ideal for a company seeking a prestigious and functional workspace. The address is easily accessible, offering convenient transportation for employees and clients. With its substantial square footage and single-tenant occupancy, this property is perfectly suited for a large organization requiring ample space and privacy. The building's size and location within St. Louis County make it an attractive option for businesses looking to establish or expand their operations in a thriving area of Missouri. Interested parties are encouraged to inquire further to explore the possibilities this exceptional office building presents. The property is ready for immediate occupancy, offering a blank canvas for a company to design and implement its ideal workspace. This is a rare opportunity to secure a significant amount of high-quality office space in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,919,973
    6.5%
    $10,079,975
    7%
    $9,359,977
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,182,015
    Geo Method
    $3,182,015
  • Alternative Use

    Use
    Valuation
    Residential
    $12,499,169
    Hospitality
    $11,449,171
    Educational
    $9,525,576
    Medical
    $9,853,175
    Retail
    $14,817,563

Location Insight

City
Hazelwood
County
St. Louis
State
Missouri
Latitude
38.7734
Longitude
-90.3964
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
$98,217
$145,540
$736,380
$881,920
-
$454,800
$2,301,200
$2,756,000

FAQs

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