Industrial Building in 39
For Sale
Contact for pricing
1241 Ambassador Blvd, Saint Louis, MO
58,631 SF industrial building with office and heavy power.
Property Size58,631 SF
Lot Size3.42 Acres
Price / SF$93.81
Days on Market565
Property Features for 1241 Ambassador Blvd
General Information
Standard status
Active
Size
58,631 SF
Lot size
3.42 Acres
Property subtype
INDUSTRIAL
Lease Type
NNN
Properties For Sale
at 1241 Ambassador Blvd
Direct Sales
AVAILABLE, Now
Floor
1
Size
58,631 SF
Type
INDUSTRIAL
Lease Type
NNN
Sublease
Yes
- Single-tenant building located in the 39th North District
Contact us
Listing Agency:
Cushman & Wakefield | St. Louis
Listed By:
Matt Eastin, CCIM · License #2010030249
(314) 862-7100
Source:
Moodyscre
Added: Apr 10, 2025
Changed: Oct 25
Last Checked: Oct 24 at 8:09PM
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 Cushman & Wakefield | St. Louis
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a 58,631 SF single-tenant industrial building featuring 9,500 SF of office and showroom space. The building has a 20’ clear height and is equipped with five docks that include pit levelers, as well as three drive-in doors. It offers 3-phase, 1,200-amp, 240-volt heavy power. There are 70 parking spaces available, with the potential for expansion. The property is located in the 39 North district and is near North Lindbergh Blvd.
Key Highlights
- 58,631 SF single‑tenant industrial building
- Heavy power: 3‑phase, 1,200‑amp, 240‑volt
- Benefit from five (5) docks with pit levelers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$282,231
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,644,620
$5.6M
Cap Rate 7%
$4,031,871
$4.0M
Cap Rate 9%
$3,135,900
$3.1M
Market Conditions
NOI Build-Up for 58,631 SF
Gross rent
$347.7K $5.93/SF
− Vacancy
−$15.6K −$0.27/SF
EGI
$332.0K $5.66/SF
− OpEx
−$49.8K −$0.85/SF
NOI
$282.2K $4.81/SF
Area
St. Louis County, MO
Vacancy
4.50%
Lease Rate
$5.93 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,644,620
Cap Rate 7%
$4,031,871
Cap Rate 9%
$3,135,900
Alternative Uses
Best Use
Warehouse
$4.03M
$3.53M – $4.70M
NOI $282,231 @ 7.0% cap · market cap 5.13%
Second Best
Industrial
$3.32M
$2.91M – $3.87M
NOI $232,425 @ 7.0% cap · market cap 4.23%
Theoretical Best
Office A
$12.58M
$11.01M – $14.68M
NOI $880,827 @ 7.0% cap · market cap 16.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,136
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Warehouse - 58,631 SF industrial building with office and heavy power.
Where is this warehouse located?
The property is located at 1241 Ambassador Blvd Saint Louis, MO.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 58,631 SF single‑tenant industrial building; Heavy power: 3‑phase, 1,200‑amp, 240‑volt; Benefit from **five (5) docks with pit levelers**
