6310 Delmar BlvdUniversity City, MO 63130

  • Turn key restaurants
  • 14,000 SF
For Sale
$2,300,000 View listing

Property Details for 6310 Delmar Blvd

Year built
2000
Construction
FRAME
Lot size
0.25 AC
Property size (Sq ft)
14,000 SF
Zone code
57CC
Property type
Turn key restaurants
APN
18H-4-2-002-3
APU
18H420023

Description

This exceptional investment opportunity presents a 7,000 square foot commercial building located at 6310 Delmar Boulevard in University City, Missouri, zip code 63130. The property, situated in the thriving Delmar Loop Entertainment District, boasts three retail bays, currently including an established restaurant. Its prime location offers unparalleled access to a diverse customer base, drawing from the nearby Washington University campus, the Clayton Business District, Forest Park, and numerous cultural attractions. The single-story building provides ample space for various commercial uses. Convenient on-site employee parking is available, complemented by a nearby public parking lot, ensuring easy access for both staff and patrons. The asking price for this exceptional property is $2,300,000. Serious inquiries are encouraged. This is a rare chance to acquire a well-positioned commercial property in a dynamic and high-traffic area. The property's strategic location and existing tenant base make it an attractive investment with significant potential for future growth and profitability. Considered offers will be reviewed.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,506,004
    6.5%
    $5,082,464
    7%
    $4,719,432
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,750,429
    Geo Method
    $2,750,429
  • Alternative Use

    Use
    Valuation
    Residential
    $4,287,249
    Hospitality
    $3,927,097
    Educational
    $3,267,299
    Medical
    $3,379,666
    Retail
    $5,082,464

Location Insight

City
Saint Louis
County
St. Louis
State
Missouri
Latitude
38.6555
Longitude
-90.3026
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
$38,991
$176,000
$217,980
$393,980
-
$550,000
$681,200
$1,231,200

FAQs

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