Zoned M-1 Commercial
100 Mulberry Street Foristell, MO 63348
For Sale
$189,900
Existing building on a level lot, zoned M-1 for commercial and light industrial uses with additional rental income.
Property Size896 SF
Lot Size0.50 Acres
Price / SF$211.94
Days on Market39
Property Features for 100 Mulberry Street
General Information
- Standard status
- Active
- Size
- 896 SF
- Lot size
- 0.50 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1885
Listing Agency:
Westbound Real Estate LLC
(314) 486-8642
Listed By:
Phil Reid · License #1999015911
(314) 486-8642
Source:
Century21laclede
Added: Jun 18
Changed: Jul 26
Last Checked: Jul 26 at 4:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Westbound Real Estate LLC
Investment Insights
Based on property information with market context.
This versatile commercial property includes an existing 896-square-foot building on a level half-acre lot. The current structure has been used in ways that fit a range of commercial concepts, including office, professional services, retail, or other light commercial activity. In addition to the building, the property is currently generating over $900 per month in residential rental income.
The site is located just off Highway T and is less than one-half mile from I-70, providing convenient access for tenants and customers in the Foristell area.
Zoned M-1, the property supports a broad set of commercial and light industrial uses, giving buyers flexibility for their current business or future development plans.
The site is located just off Highway T and is less than one-half mile from I-70, providing convenient access for tenants and customers in the Foristell area.
Zoned M-1, the property supports a broad set of commercial and light industrial uses, giving buyers flexibility for their current business or future development plans.
Key Highlights
- Level 0.5‑acre lot in Foristell with an existing 896 SF building
- Zoned M‑1 for commercial and light industrial uses
- Building currently generating over $900/month in residential rental income
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 | $20.3k | $22.68 |
| − Vacancy | −$2.6k | −$2.95 |
| EGI | $17.7k | $19.73 |
| − OpEx | −$5.3k | −$5.92 |
| NOI | $12.4k | $13.81 |
896 SF · lease $22.68/SF/yr · vacancy 13.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$176.8K
$154.7K – $206.3K
NOI $12,376 @ 7.0% cap · market cap 6.52%
Second Best
Office B
$158.7K
$138.9K – $185.2K
NOI $11,111 @ 7.0% cap · market cap 5.85%
Theoretical Best
Warehouse
$237.1K
$207.5K – $276.7K
NOI $16,599 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Existing building on a level lot, zoned M-1 for commercial and light industrial uses with additional rental income.
Where is this office units located?
The property is located at 100 Mulberry Street Foristell, MO.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Level 0.5‑acre lot in Foristell with an existing 896 SF building; Zoned M‑1 for commercial and light industrial uses; Building currently generating over $900/month in residential rental income
