8320 Airport RdBerkeley, MO 63134

Property Details for 8320 Airport Rd

Year built

2003

Construction

WOOD

Lot size

0.71 AC

Property size (Sq ft)

7,856 SF

Zone code

7C-1

Property type

Retail space

APN

11J-1-4-164-5

APU

11J141645

Description

This exceptional 7,426-square-foot retail space, formerly occupied by a Family Dollar, presents a unique sublease opportunity in St. Louis, Missouri. Located at 8320 Airport Rd, in the 63134 zip code, this single-tenant property offers significant potential for a variety of retail businesses. The entire building is currently vacant, providing immediate occupancy for a new tenant. The property's ample square footage allows for flexible layout configurations to suit diverse business needs. Its strategic location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking high foot traffic and convenient access for customers. The property is situated in Berkeley, Missouri, a vibrant community with a strong local economy. This is a rare chance to acquire a substantial retail space in a prime location, ready for immediate customization and operation. The property's previous use as a successful retail establishment speaks to its inherent suitability for similar ventures. Serious inquiries are encouraged to explore this exciting opportunity to establish a thriving business in a well-established commercial area. Detailed property information and lease terms are available upon request. This is a turnkey opportunity for a business looking to establish a strong presence in the St. Louis market.

• CAP approach

  CAP return

  Valuation

  6%

  $3,089,654

  6.5%

  $2,851,989

  7%

  $2,648,275

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,543,384

  Geo Method

  $1,543,384

• Alternative Use

  Use

  Valuation

  Residential

  $2,405,759

  Hospitality

  $2,203,662

  Educational

  $1,833,421

  Medical

  $1,896,476

  Retail

  $2,851,989

Location Insight

City

Saint Louis

County

St. Louis

State

Missouri

Latitude

38.7497

Longitude

-90.3281

CBSA code

41180

CBSA name

ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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