116 Kirkwood RdKirkwood, MO 63122

  • Office buildings
  • 10,944 SF
For Sale
$2,500,000 View listing

Property Details for 116 Kirkwood Rd

Year built
1995
Construction
FRAME
Lot size
0.18 AC
Property size (Sq ft)
10,944 SF
Zone code
32B2
Property type
Office buildings
APN
23M-1-2-044-4
APU
23M120444

Description

This exceptional commercial property, located at 116 N Kirkwood Road in the desirable Kirkwood, MO area, presents a significant investment opportunity. Situated on a 0.18-acre lot, the property offers substantial potential for a variety of commercial uses. The asking price is $2,500,000. While the square footage is currently unavailable, the generous lot size allows for ample development or expansion possibilities. The property's prime location within Kirkwood offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strong presence in this thriving community. Its strategic positioning ensures convenient access to major transportation routes, enhancing its appeal to both employees and customers. The property's existing infrastructure and potential for customization provide a flexible platform for a wide range of commercial ventures. Serious inquiries are encouraged to explore the full potential of this remarkable investment opportunity. Further details regarding the property's specific features and zoning regulations are available upon request. This is a rare chance to acquire a significant commercial asset in a highly sought-after location. Don't miss this opportunity to secure a prime piece of Kirkwood real estate.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,502,214
    6.5%
    $2,309,736
    7%
    $2,144,755
  • Comparable approach

    Method
    Valuation
    Relative Method
    $853,194
    Geo Method
    $853,194
  • Alternative Use

    Use
    Valuation
    Residential
    $2,864,073
    Hospitality
    $2,623,476
    Educational
    $2,182,701
    Medical
    $2,257,768
    Retail
    $3,395,313

Location Insight

City
Saint Louis
County
St. Louis
State
Missouri
Latitude
38.5819
Longitude
-90.4061
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
$42,433
$40,960
$372,580
$413,540
-
$128,000
$1,164,300
$1,292,300

FAQs

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