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    Herculaneum Commercial Property on Highway Title is generated by Realmo AI

    888 Commercial Boulevard, Herculaneum, MO 63048

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    Claim this Listing
    For Sale
    $1,200,000

    Business - Herculaneum, MO

    Type:Business
    Property size:
    3,900 SF
    Lot size:
    0.63 Acres
    Price / SF:
    $307/SF
    Added:
    Sep 3, 2025
    Days on Market:
    275
    Last Refresh:
    Jun 4 at 4:06 am

    Property Features for 888 Commercial Boulevard

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Exterior features
    Fencing
    Fencing
    Fenced
    Standard status
    Active
    APN
    10-9.0-30.0-1-001-005
    Size
    3,900 SF
    Lot size
    0.63 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    4185

    Utilities

    Heating system
    Electric (Heating)

    Building Details

    Year built
    2005
    Building materials
    Metal Siding
    Architectural style
    Other

    We can help!

    Listing Contact
    Susan Wright

    Listing agent Susan Wright License #1999108490

    Listing office Wright Living Real Estate, LLC 1108 N Truman Blvd Ste 102, Crystal City, MO

    Listing date Sep 3, 2025

    MLS# 25059476 Listing URL

    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.

    HighLights

    • Prime commercial location on US Highway 61 with high visibility and traffic.
    • 3,000 sq ft of shop area and 900 sq ft of office space.
    • Four garage bays and ample parking with fencing.
    • Heated flooring system in the newer, larger garage.
    • Office space includes customer check‑in area, large office, full bathroom, and kitchen/breakroom.
    • Low maintenance metal siding.

    Overview

    This commercial property is located in a high-visibility, high-traffic area on US Highway 61. The building includes 3,000 square feet of shop area and 900 square feet of office space, totaling 3,900 square feet. The property features four garage bays, ample parking, and fencing. A heated flooring system is installed in the newer, larger garage. The main office space includes a customer check-in area, a large separate office, and a full bathroom. Additional amenities include a kitchen/breakroom and an open space suitable for storage or an additional office. Heating and cooling are provided via mini-split systems. The exterior features metal siding for minimal maintenance. The lot size is 0.63 acres.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $94.1k $24.12
    − Vacancy −$5.1k −$1.30
    EGI $89.0k $22.82
    − OpEx −$26.7k −$6.85
    NOI $62.3k $15.97
    3,900 SF · lease $24.12/SF/yr · vacancy 5.40% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $889.9K
    $778.7K – $1.04M (±1% cap)
    NOI $62,292 @ 7.0% cap · market cap 5.19%
    Second Best
    Office B
    $701.8K
    $614.1K – $818.8K (±1% cap)
    NOI $49,129 @ 7.0% cap · market cap 4.09%
    Theoretical Best
    Specialty Retail
    $11.58M
    $10.13M – $13.51M (±1% cap)
    NOI $810,783 @ 7.0% cap · market cap 67.57%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    McCains Towing & Recovery Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Nail Salon Gym & Fitness Center Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Gm Power — 1507 McNutt St, Herculaneum, MO 63048
    • CKR Auto Repair — 2550 N Truman Blvd, Crystal City, MO 63019
    • Sapaugh Auto Body — 1507 McNutt St, Herculaneum, MO 63048
    • Honda Service — Crystal City, MO 63019
    • Crawford Custom Auto Body — 1527 Herculaneum Industrial Dr, Herculaneum, MO 63048

    Location Insight

    • Map
    • Local Demand
    City
    Herculaneum
    County
    Jefferson
    State
    Missouri
    Longitude
    -90.391018
    Latitude
    38.260907

    FAQs

    What type of property is this?
    Auto shop - Commercial property with shop and office space on high-traffic highway.
    Where is this auto shop located?
    The property is located at 888 Commercial Boulevard Herculaneum, MO.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Prime commercial location on US Highway 61 with high visibility and traffic.; **3,000 sq ft of shop area and 900 sq ft of office space.**; Four garage bays and ample parking with fencing.
    (314) 540-9222
    We can help!
    Listing Contact
    Susan Wright
    Real Estate License ID: 1999108490
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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