Office/Warehouse Building in St.
620 Shenandoah Avenue Saint Louis, MO 63104
For Sale
$1,100,000
18,975 SF office/warehouse on 1.07 acres in St. Louis.
Property Size18,975 SF
Lot Size1.07 Acres
Price / SF$57.97
Days on Market145
Property Features for 620 Shenandoah Avenue
General Information
Standard status
Active
Size
18,975 SF
Lot size
1.07 Acres
Property subtype
Industrial
Listing Agency:
Intelica CRE
(314) 270-5993
Listed By:
Dan Merlo, CCIM · License #1999093826
Source:
Corfac
Added: Mar 5
Changed: Jul 6
Last Checked: Jul 28 at 4:11AM
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 Intelica CRE
Investment Insights
Based on property information with market context.
This 18,975 square foot office/warehouse building is situated on 1.07 acres in St. Louis City. The property features 2,610 square feet of office space and a warehouse area with a 15.5-foot clear ceiling height. The column spacing is 40 feet by 24 feet. Loading and unloading are facilitated by two docks and one drive-in door.
Key Highlights
- 18,975 SF Office/Warehouse building on 1.07 acres
- Located in St. Louis City
- 15.5' clear ceiling height
Financial Insights For Warehouse
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 | $112.5k | $5.93 |
| − Vacancy | −$5.1k | −$0.27 |
| EGI | $107.5k | $5.66 |
| − OpEx | −$16.1k | −$0.85 |
| NOI | $91.3k | $4.81 |
18,975 SF · lease $5.93/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Office B
$3.31M
$2.89M – $3.86M
NOI $231,561 @ 7.0% cap · market cap 21.05%
Second Best
Warehouse
$1.30M
$1.14M – $1.52M
NOI $91,340 @ 7.0% cap · market cap 8.30%
Theoretical Best
Office A
$4.07M
$3.56M – $4.75M
NOI $285,066 @ 7.0% cap · market cap 25.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Universal Dedicated Warehouse — 400 Shenandoah Ave, St. Louis, MO 63104
- South Side Storage & Moving Co — sidney st, st. louis, mo 63104
- Adm Grain — 10 Pitzman Ave, Sauget, IL 62201
Frequently Asked Questions
What type of property is this?
Warehouse - 18,975 SF office/warehouse on 1.07 acres in St. Louis.
Where is this warehouse located?
The property is located at 620 Shenandoah Avenue Saint Louis, MO.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 18,975 SF Office/Warehouse building on 1.07 acres; Located in St. Louis City; 15.5' clear ceiling height
