Former Gas Station For
11829 Lackland Rd Saint Louis, MO
For Sale
Contact for pricing
3,254 SF building on 0.94 acre lot available for lease.
Property Size3,254 SF
Lot Size0.94 Acres
Price / SF$276.28
Days on Market534
Property Features for 11829 Lackland Rd
General Information
Standard status
Active
Size
3,254 SF
Lot size
0.94 Acres
Property subtype
RETAIL
Listing Agency:
Cornerstone Commercial Realty, Inc.
(314) 560-8114
Listed By:
Jason M Morgan · License #1999020228
(314) 560-8114
Source:
Moodyscre
Added: Feb 11, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:26AM
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 Cornerstone Commercial Realty, Inc.
Investment Insights
Based on property information with market context.
Located at 11829 Lackland Rd. in St. Louis, MO, this property features a 3,254 square foot building on a 0.94 acre lot. Formerly a QuikTrip convenience store and gas station, all tanks, pumps, lines, and the canopy have been removed. A No Further Action Letter is in process. The property is located in a Planned Development Commercial District (PDC) within the city of Maryland Heights. The location offers excellent accessibility, with convenient proximity to major highways, including I-270 and the Page Extension (364), ensuring quick and easy connectivity to the greater St. Louis area. It benefits from a strong community and business presence, situated within a well-established and thriving business district that attracts top-tier companies and professionals. The property provides ample parking and visibility in a high-traffic location, offering excellent exposure for businesses, plus abundant on-site parking for tenants and visitors.
Key Highlights
- Excellent Accessibility: Convenient proximity to major highways I‑270 and Page Extension (364).
- ±3,254 SF Building on 0.94 Acre Lot.
- High‑traffic location with excellent visibility and ample parking.
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 | $72.6k | $22.32 |
| − Vacancy | −$10.1k | −$3.10 |
| EGI | $62.5k | $19.22 |
| − OpEx | −$18.8k | −$5.77 |
| NOI | $43.8k | $13.45 |
3,254 SF · lease $22.32/SF/yr · vacancy 13.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$625.3K
$547.2K – $729.6K
NOI $43,774 @ 7.0% cap · market cap 4.87%
Second Best
Specialty Retail
$199.8K
$174.8K – $233.1K
NOI $13,984 @ 7.0% cap · market cap 1.56%
Theoretical Best
Office A
$698.4K
$611.1K – $814.8K
NOI $48,886 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Gas station - 3,254 SF building on 0.94 acre lot available for lease.
Where is this gas station located?
The property is located at 11829 Lackland Rd Saint Louis, MO.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Excellent Accessibility: Convenient proximity to major highways I‑270 and Page Extension (364).; ±3,254 SF Building on 0.94 Acre Lot.; High‑traffic location with excellent visibility and ample parking.
