Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8015-8043 Dl Ave Richmond Heights, MO

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    1,600 SF retail space in high-traffic St. Louis area.

    Property size:
    1,600 SF
    Lot size:
    4.15 Acres

    Property Features for 8015-8043 Dl Ave

    General Information

    Size
    1,600 SF
    Lot size
    4.15 Acres

    We can help!

    Listing Contact
    Joe Lodes
    Source: Moodyscre

    Listing Agent: Joe Lodes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Space in Premier Location

    A 1,600 square-foot retail space is available for lease in a prominent St. Louis trade area. The location benefits from high traffic volume, with 155,263 vehicles per day on I-64 and 28,351 vehicles per day on Hanley Road. The property offers visibility from I-64, Hanley Road, and Dale Avenue. It is surrounded by office buildings, multi-family residences, dense residential areas, and other retail establishments. The property is near the St. Louis County Seat, serving St. Louis’ second-largest office population. Area traffic generators include The Heights Recreation Center, Courtyard by Marriott (with 141 rooms), BJC Learning Institute, Target, Walmart, Home Depot, Menards, and Best Buy.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Richmond Heights
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.331
    Latitude
    38.6307

    Nearby Similar for Lease

    • $25 SF/Yr
      43,271 SF

      University Tower Medical Office Space

      Prime Medical Office, Highway 40 Access
      1034 Brentwood Blvd, Richmond Heights, MO 63117
      View Details
    • Contact for pricing
      31,908 SF

      Galleria Retail Spaces Available

      Prime St. Louis retail spaces, multiple sizes.
      1155 St Louis Galleria St, Richmond Heights, MO 63117
      View Details
    • $32 SF/Yr
      49,330 SF

      Bellevue Ave Medical Office Space

      Prime Richmond Heights medical office suites available.
      1035 Bellevue Ave, Richmond Heights, MO 63117
      View Details
    • $23 SF/Yr
      64,000 SF

      Clayton Plaza Executive Suites

      Prestigious Clayton Office Space Available
      7700-7750 Clayton Rd, Richmond Heights, MO 63117
      View Details
    • Contact for pricing
      97,747 SF

      Richmond Heights Retail Space

      Prime Clayton Rd storefront, 1,391 sq ft available.
      6600 Clayton Rd, Richmond Heights, MO 63117
      View Details
    • Contact for pricing
      1,600 SF

      Richmond Heights Retail Space

      1600 sq ft Retail Space, Prime Location
      0 Hanley Rd, Richmond Heights, MO 63117
      View Details
    • Contact for pricing
      1,380 SF

      Retail Space in Mixed-Use Center

      Retail spaces available in vibrant mixed-use lifestyle center.
      12-34 The Blvd, Richmond Heights, MO
      View Details
    • Contact for pricing
      8,626 SF

      Retail Space in Saint Louis Galleria

      Exceptional leasing opportunities in top-performing Saint Louis Galleria.
      1400 Saint Louis Galleria St, Richmond Heights, MO
      View Details
    • Contact for pricing
      5,196 SF

      Retail Space in Mixed-Use Center

      Retail spaces available in a mixed-use lifestyle center.
      25-35 The Blvd, Richmond Heights, MO
      View Details
    • $33 SF/Yr
      3,937 SF

      Richmond Heights Office Space Available

      Office space available in a mixed-use lifestyle center.
      1-19 The Blvd, Richmond Heights, MO
      View Details
    • $26 SF/Yr
      11,967 SF

      Richmond Heights Office Space Available

      Office space for rent in Richmond Heights, Missouri.
      1034 S Brentwood Blvd, Richmond Heights, MO
      View Details

    FAQs

    What type of property is this?
    Retail space - 1,600 SF retail space in high-traffic St. Louis area.
    Where is this retail space located?
    The property is located at 8015-8043 Dl Ave Richmond Heights, MO.
    What are key features of this property?
    This property features: - Premier St. Louis trade area location with high traffic volume (I-64: 155,263 VPD; Hanley Rd: 28,351 VPD).; - Outstanding visibility from I-64, Hanley Rd, and Dale Ave.; - Proximity to major traffic generators including The Heights Recreation Center, Courtyard By Marriott, BJC Learning Institute, Target, Walmart, Home Depot, Menards, and Best Buy.
    (314) 852-8234
    Request Owner's contact information
    8015-8043 Dl Ave Richmond Heights, MO
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8015-8043 Dl Ave
    Richmond Heights, MO
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    8015-8043 Dl Ave Richmond Heights, MO
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Joe Lodes
    (314) 852-8234
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.