Colliers International (Colliers) is pleased to present a prime development opportunity in unincorporated St. Louis County near a strong workforce, vibrant student population, excellent public transportation, a significant business park, and St. Louis Lambert International Airport.
On behalf of the owner(s), Geiger–Hanley LLC and Geiger Real Estate, Inc. (“Geiger”), Colliers is offering 11.75 acres located at the southeast quadrant of North Hanley Road and University Place Drive in unincorporated St. Louis County, Missouri, immediately south of I-70 and just four miles east of St. Louis Lambert International Airport. The land area fronts the south side of University Place Drive and the east side of North Hanley Road. A workforce of over 62,000 employees is within a three-mile radius.
The North Hanley MetroLink and bus station, with over 2,900 MetroLink daily commuters, is immediately to the north across University Place Drive. Just east of the subject property are University of Missouri St. Louis (UMSL) with 11,000 students and 2,500 faculty, and the Express Scripts headquarters with approximately 11,500 employees. North Park, with 550 acres, is nearby on North Hanley Road with two buildings south of I-70 and the remaining property immediately north of I-70. Currently within North Park are 2,650,000 square feet of office and industrial space plus a 136-room Hilton Garden Inn hotel with a 9,000-square-foot conference center.
26 parcels combined for a total of 11.75 acres or 511,669 SF
Sale Price - $2,814,200
MetroLink North Hanley Station immediately across the street and just one stop from St. Louis Lambert International Airport
Close proximity to UMSL, Bird Sanctuary, Great Rivers Greenway Trails, St. Vincent Greenway, multiple golf courses, North Park and other business parks
Located in unincorporated St. Louis County
Zoned R-5 (St. Louis County)
Possibility of federal, state and/or local incentives, depending on the scope of development
Excellent I-70 and I-170 access serving the metropolitan St. Louis area
Traffic counts approximately 129,000 vehicles per day on I-70 and 126,000 on I-170 according to ESRI
Over 62,000 workforce, 11,000 UMSL students, 2,500 UMSL faculty and 2,900 daily MetroLink commuters within a three-mile radius
