Brick Mixed-Use Property with
For Sale
$2,100,000
5561 Enright Avenue St, Louis, MO 63112
Commercial Sale, St Louis, MO
Property Size10,081 SF
Lot Size0.91 Acres
Price / SF$208.31
Days on Market35
Property Features for 5561 Enright Avenue St
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot, Off Street
Security features
Security System
Fencing
Perimeter
Appliances
Stainless Steel Appliance(s)
Subdivision
Clemens Add
Standard status
Active
APN
4550-00-0283-0
Lot size
0.91 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6534
Utilities
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
working commercial kitchen
concrete flooring
central HVAC
public utilities
security systems
accessible common areas
gated private parking lot
electric gate
building security
Building Details
Year built
1981
Flooring type
Concrete
Building materials
Brick
Listing Agency:
RE/MAX Results · RE/MAX International
(314) 584-4400
Listed By:
Terry Gannon · License #2011022593
(314) 781-7777
Added: Jul 20
Changed: Aug 19
Last Checked: Aug 23 at 6:06PM
MLS# 26039227
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use commercial property occupies a 0.912-acre site and includes a brick building with expansive open areas, concrete flooring, central HVAC, and a working commercial kitchen. Public water service, perimeter fencing, an electric gate, and building security support the site’s functional layout. A gated parking lot and additional off-street parking are also provided.
The property is located at 5561 Enright Avenue in St Louis, near the Central West End, Delmar Loop, Forest Park, and Washington University, with access to major interstates. Its configuration is suited to a range of commercial, institutional, community, educational, religious, medical, retail, office, warehouse, and event-oriented uses identified in the property information. The building was constructed in 1981 and is offered as-is.
The property is located at 5561 Enright Avenue in St Louis, near the Central West End, Delmar Loop, Forest Park, and Washington University, with access to major interstates. Its configuration is suited to a range of commercial, institutional, community, educational, religious, medical, retail, office, warehouse, and event-oriented uses identified in the property information. The building was constructed in 1981 and is offered as-is.
Key Highlights
- 0.912‑acre mixed‑use commercial site at 5561 Enright Avenue, St Louis, MO 63112
- Brick building constructed in 1981
- Expansive open floor areas with concrete flooring
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$123,993
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,479,860
$2.5M
Cap Rate 7%
$1,771,329
$1.8M
Cap Rate 9%
$1,377,700
$1.4M
Market Conditions
NOI Build-Up for 10,081 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$228.0K $22.62/SF
− Vacancy
−$29.6K −$2.94/SF
EGI
$198.4K $19.68/SF
− OpEx
−$74.4K −$7.38/SF
NOI
$124.0K $12.30/SF
Area
St. Louis County, MO
Vacancy
13.00%
Lease Rate
$22.62 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,479,860
Cap Rate 7%
$1,771,329
Cap Rate 9%
$1,377,700
Alternative Uses
Best Use
Mixed Use
$1.77M
$1.55M – $2.07M
NOI $123,993 @ 7.0% cap · market cap 5.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.16M
$1.89M – $2.52M
NOI $151,449 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
859
Businesses Nearby
Explore this area
Business Placement
Demographics for 63112, MO
18,954
Population
11,521
Households
1.6
Avg Household Size
33
Median Age
44%
College-Educated
89%
High-School Grad
3.2 sq mi
ZIP Area
5,923
Density / Sq Mi
$43,262
Median Household Income
$36,297
Median Earnings
$911
Median Rent
$216,400
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible brick commercial facility with open floor areas, central air, a commercial kitchen, and secured off-street parking.
Where is this mixed-use property located?
The property is located at 5561 Enright Avenue St Louis, MO.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 0.912‑acre mixed‑use commercial site at 5561 Enright Avenue, St Louis, MO 63112; Brick building constructed in 1981; Expansive open floor areas with concrete flooring
