1360 5Th StSaint Charles, MO 63301

  • Office buildings
  • 61,754 SF

Property Details for 1360 5Th St

Year built
1972
Lot size
2.37 AC
Property size (Sq ft)
61,754 SF
Zone code
AB2
Property type
Office buildings
APN
6-014D-A505-00-0003.0000000
APU
6014DA5050000030000000

Description

The Three Flags Center, a 6,480 square foot retail shopping center in Saint Charles, Missouri, presents a unique investment opportunity. Built in 1972, this single-building property is currently undergoing significant upgrades and renovations under new ownership. All 6,480 square feet are currently available for lease, offering three individual spaces of 1,080 square feet each. This prime retail location boasts exceptional visibility at the intersection of I-70 and S 5th Street, providing unparalleled access and exposure to a high volume of traffic. Strategically situated at the entrance to the Ameristar Casino, the center benefits from the substantial foot traffic generated by the casino's patrons. Further enhancing its appeal, digital monument signage is available, offering excellent opportunities for tenant branding and advertising. The property is located at 1360 S 5th St, Saint Charles, MO 63301, within St. Charles County. This is an exceptional chance to secure retail space in a revitalized center with strong potential for growth and profitability in a high-traffic area. The property's convenient location and ongoing improvements make it an ideal choice for businesses seeking a prominent presence in the thriving Saint Charles market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $18,724,700
    6.5%
    $17,284,300
    7%
    $16,049,700
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,814,340
    Geo Method
    $4,814,340
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $34,290,000
    Retail / Commercial
    $17,532,600
    Mixed-Use / Specialty
    $17,429,800
    Hospitality / Lodging
    $12,735,200
    Institutional / Educational
    $18,105,600
    Residential Income
    $21,183,500
    Multifamily
    $25,629,800
    Automotive / Energy
    $15,519,100
    Parking / Income-Based Land
    $5,395,260
    Restaurant / Food Service
    $8,979,380
    Healthcare / Senior Housing
    $17,915,300

Location Insight

City
Saint Charles
County
St. Charles
State
Missouri
Latitude
38.7704
Longitude
-90.4925
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
0
-
-
-
$1,149,903
-
$652,974
$2,940,473
$3,593,447

FAQs

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