300 Mid Rivers Mall DrSt. Peters, MO 63376

  • Medical offices
  • 3,144 SF
For Sale
$975,000 View listing

Property Details for 300 Mid Rivers Mall Dr

Year built
1980
Lot size
0.45 AC
Property size (Sq ft)
3,144 SF
Zone code
AB2
Property type
Medical offices
Property subtype
Medical centers
APN
2-0111-5421-00-0001.1000000
APU
9223372036854775807

Description

This exceptional 0.48-acre commercial land parcel presents a unique investment opportunity in the thriving St. Peters, Missouri market. Located at the highly visible, signalized intersection of Mid Rivers Mall Drive and McMenamy Road, this property benefits from exceptional exposure to high traffic counts. Its strategic location is adjacent to the established Mid Rivers Mall, ensuring immediate access to a substantial customer base and significant retail synergy. The property is zoned C-3, allowing for a wide range of commercial development possibilities, making it ideal for businesses seeking a prominent location with strong growth potential. The parcel's size (0.48 acres) offers ample space for various development projects, from smaller retail outlets to larger-scale commercial ventures. The property's APN is A870003887. Situated in St. Charles County, Missouri, with a zip code of 63376, this location offers easy access to major transportation routes and a strong local economy. This is a rare opportunity to acquire a prime commercial land parcel in a highly desirable area with excellent visibility and growth prospects. The asking price for this exceptional property is $975,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $841,150
    6.5%
    $776,446
    7%
    $720,986
  • Comparable approach

    Method
    Valuation
    Relative Method
    $245,106
    Geo Method
    $245,106
  • Alternative Use

    Use
    Valuation
    Residential
    $962,794
    Hospitality
    $881,914
    Educational
    $733,742
    Medical
    $758,976
    Retail
    $1,141,376

Location Insight

City
Saint Peters
County
St. Charles
State
Missouri
Latitude
38.7936
Longitude
-90.6228
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
-
-
-
$133,449
-
$181,440
$235,588
$417,028

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