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Single-Tenant Industrial with Dock Doors
For Sale
$2,950,000

3001 Washington Ave, Saint Louis, MO 63103

Industrial building with reinforced floors, dock-high access, and private fenced outside storage.

Property Size62,154 SF
Lot Size0.64 Acres
Price / SF$47.46
Days on Market122

Property Features for 3001 Washington Ave

General Information

Standard status Active
Size 62,154 SF
Lot size 0.64 Acres
Property subtype Industrial

Site & Location

Highway Access Yes
Road Access Yes
Fenced Yard Yes

Warehouse & Industrial

Clear Height 14 ft
Dock-High Doors 4
Drive-In Doors 2
Heavy Power Yes
Sprinkler System Yes

Building Details

Building Size 62,154 SF
Year Built 1923
Tenancy Single
Listing Agency: Intelica CRE
Listed By: Austin Dazey · License #2022009329
Source: Corfac
Added: Jun 7 Changed: Sep 12 Last Checked: Oct 5 at 5:37PM

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 single-tenant industrial property includes newly updated office space and a functional warehouse setup designed for flexible operations. The building features three levels of heavily reinforced concrete floors, 13 to 14 feet of clear height, four dock-high doors, and two large drive-in doors for efficient loading and receiving. A private side lot is available for fenced outside storage, supporting business needs that require material staging or equipment storage outdoors.

The property is located directly off Washington Blvd, with close proximity to Hwy-64 and Olive Street. It sits on a 0.64-acre site and is configured as a self-contained building with outside storage space.

The combination of warehouse access points, reinforced floor capacity, and on-site power and fire protection makes this property a practical fit for industrial users seeking dedicated facilities. The renovated 5,000 SF office space with 3-phase power and sprinkler system can support day-to-day administrative needs alongside warehouse operations. The fenced side lot and drive-in flexibility also align with self-storage style concepts such as pod or traditional storage, depending on operating requirements.

Key Highlights

  • 62,154 SF industrial building on a ±0.64‑acre fenced site in Saint Louis City
  • Heavily reinforced concrete floors across three levels
  • 4 dock‑high doors plus 2 large drive‑ins with 13'-14' clear height

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$246,391
Cap Rate
8.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,927,820 $4.9M
Cap Rate 7%
$3,519,871 $3.5M
Cap Rate 9%
$2,737,678 $2.7M
Market Conditions
NOI Build-Up for 62,154 SF
Gross rent
$368.6K $5.93/SF
− Vacancy
−$16.6K −$0.27/SF
EGI
$352.0K $5.66/SF
− OpEx
−$105.6K −$1.70/SF
NOI
$246.4K $3.96/SF
Area
St. Louis County, MO
Vacancy
4.50%
Lease Rate
$5.93 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,927,820
Cap Rate 7%
$3,519,871
Cap Rate 9%
$2,737,678

Alternative Uses

Best Use
Self Storage
$12.23M
$10.70M – $14.27M (±1% cap)
NOI $856,207 @ 7.0% cap · market cap 29.02%
Second Best
Office B
$10.84M
$9.48M – $12.64M (±1% cap)
NOI $758,494 @ 7.0% cap · market cap 25.71%
Theoretical Best
Office A
$13.34M
$11.67M – $15.56M (±1% cap)
NOI $933,754 @ 7.0% cap · market cap 31.65%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Locksmith Computer & Electronic Repair Home Appliance Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14 ft
Clear height
4
Dock-high doors
2
Drive-in doors
Single-tenant
Tenancy
Yes
Heavy power
Yes
Sprinkler system
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,644
Businesses Nearby
Balanced
Demand for This Use

Demographics for 63103, MO

9,411
Population
5,990
Households
1.6
Avg Household Size
31
Median Age
51%
College-Educated
91%
High-School Grad
2.2 sq mi
ZIP Area
4,278
Density / Sq Mi
$37,500
Median Household Income
$36,091
Median Earnings
$978
Median Rent
$205,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

  • My Garage — 3001 Washington Ave, St. Louis, MO 63103
  • Iron Mountain — 2620 Samuel Shepard Dr, St. Louis, MO 63103
  • Store Space Self Storage — 725 N 23rd St, St. Louis, MO 63103

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial building with reinforced floors, dock-high access, and private fenced outside storage.
Where is this warehouse located?
The property is located at 3001 Washington Ave Saint Louis, MO.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 62,154 SF industrial building on a ±0.64‑acre fenced site in Saint Louis City; Heavily reinforced concrete floors across three levels; 4 dock‑high doors plus 2 large drive‑ins with 13'-14' clear height
More about this property
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