295 Lindbergh BlvdCreve Coeur, MO 63141

Property Details for 295 Lindbergh Blvd

Year built

1959

Construction

FRAME

Lot size

1.43 AC

Property size (Sq ft)

17,820 SF

Zone code

F

Property type

Retail space

APN

18M-4-4-014-6

APU

18M440146

Description

This exceptional 17,820-square-foot shopping center in Creve Coeur, Missouri, is available for $2,400,000. Located at 295 N Lindbergh Blvd, zip code 63141, this two-story building sits on a 1.43-acre lot and offers 52 parking spaces. Built in 1959, the property features a new roof and parking lot (2020) and benefits from reduced electricity costs due to solar panels installed in 2013. Previously used as a retail showroom with administrative offices, including five private offices and a conference room, plus lower-level light storage, this versatile space is zoned F - Neighborhood Commercial, making it ideal for retail, office, or light warehouse uses. The property enjoys a prominent location on N. Lindbergh Blvd, a high-traffic area with over 22,000 vehicles per day between Olive Blvd and I-64. The APN is 18M-44-0146. This is a prime opportunity for investors seeking a well-maintained, centrally located commercial property with significant upside potential. The price per square foot is $134.68. The property is currently vacant.

• CAP approach

  CAP return

  Valuation

  6%

  $7,008,356

  6.5%

  $6,469,252

  7%

  $6,007,162

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,500,903

  Geo Method

  $3,500,903

• Alternative Use

  Use

  Valuation

  Residential

  $5,457,056

  Hospitality

  $4,998,634

  Educational

  $4,158,804

  Medical

  $4,301,832

  Retail

  $6,469,252

Location Insight

City

Saint Louis

County

St. Louis

State

Missouri

Latitude

38.6603

Longitude

-90.406

CBSA code

41180

CBSA name

ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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