8961 Page AveOverland, MO 63114

  • Medical offices
  • 12,764 SF
For Lease

Property Details for 8961 Page Ave

Year built
1975
Lot size
1.37 AC
Property size (Sq ft)
12,764 SF
Zone code
43C-2
Property type
Medical offices
Property subtype
Medical centers
APN
16K-4-3-078-5
APU
16K430785

Description

This exceptional 0.62-acre commercial land parcel presents a unique investment opportunity in Overland, Missouri. Located at 8961 Page Avenue, this single-tenant property offers significant potential for development or expansion. The property is zoned for commercial use and boasts a convenient location within North County, offering easy access to major transportation routes and a thriving business community. With a total land area of 0.62 acres, this site provides ample space for a variety of commercial ventures. The address is 8961 Page Ave, Overland, MO 63114. The property's prime location in Overland, Missouri, within North County, ensures high visibility and accessibility for potential businesses. This is an ideal opportunity for developers seeking a strategic location to build a new commercial structure or for businesses looking to expand their operations. The property's size and location make it suitable for a range of commercial uses, from retail to office space, providing flexibility for potential buyers or lessees. The absence of existing buildings allows for complete customization and design flexibility, tailored to specific business needs. This presents a blank canvas for creating a modern and efficient commercial space. Serious inquiries are encouraged to explore the possibilities of this promising commercial land parcel. The property is situated at the coordinates 38.686948 latitude and -90.357601 longitude.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,414,899
    6.5%
    $3,152,215
    7%
    $2,927,056
  • Comparable approach

    Method
    Valuation
    Relative Method
    $995,081
    Geo Method
    $995,081
  • Alternative Use

    Use
    Valuation
    Residential
    $3,908,746
    Hospitality
    $3,580,390
    Educational
    $2,978,843
    Medical
    $3,081,290
    Retail
    $4,633,756
8961 Page Ave, Overland, Missouri

Location Insight

City
Saint Louis
County
St. Louis
State
Missouri
Latitude
38.687
Longitude
-90.3576
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
$40,586
$147,040
$215,900
$362,940
-
$459,500
$674,700
$1,134,200

FAQs

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