701 New Ballas RdCreve Coeur, MO 63141

Property Details for 701 New Ballas Rd

Year built

1983

Construction

FRAME

Lot size

2.83 AC

Property size (Sq ft)

4,758 SF

Zone code

82CB

Property type

Strip malls

Property subtype

Neighborhood centers

APN

17O-3-3-122-1

APU

17O331221

Description

Plaza Shops in Creve Coeur, Missouri, offers a fantastic retail opportunity at 701 N New Ballas Rd, 63141. This established shopping center boasts a total of 26,012 square feet of retail space, strategically located at the intersection of N Ballas Rd and Olive Blvd. Currently, there are 4,846 square feet of vacant space available, with a minimum divisible unit of 1,038 square feet and a maximum contiguous space of 2,396 square feet, perfect for a variety of retail uses, including storefront, shopping center, or restaurant concepts. The property provides ample parking with a ratio of 6.3 spaces per 1,000 square feet. The available space is delivered in "white box" condition, allowing for complete customization to suit your business needs. This high-traffic location in the Creve Coeur submarket offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a thriving retail environment. The property's prime location and flexible space options make it a compelling investment opportunity. Contact us today to learn more about this exceptional retail space.

• CAP approach

  CAP return

  Valuation

  6%

  $1,871,255

  6.5%

  $1,727,312

  7%

  $1,603,932

• Comparable approach

  Method

  Valuation

  Relative Method

  $934,753

  Geo Method

  $934,753

• Alternative Use

  Use

  Valuation

  Residential

  $1,457,052

  Hospitality

  $1,334,652

  Educational

  $1,110,415

  Medical

  $1,148,604

  Retail

  $1,727,312

Location Insight

City

Saint Louis

County

St. Louis

State

Missouri

Latitude

38.669

Longitude

-90.444

CBSA code

41180

CBSA name

ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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