Corner Showroom and Auto
For Sale
$1,350,000
3500 S Kingshighway Blvd, Saint Louis, MO 63139
Two-building car dealership site with showroom and auto repair improvements at a signalized intersection.
Property Size11,674 SF
Lot Size0.78 Acres
Price / SF$115.64
Days on Market1071
Property Features for 3500 S Kingshighway Blvd
General Information
Standard status
Active
Size
11,674 SF
Lot size
0.78 Acres
Zoning
G
Additional Details
Traffic Count
30,000 vehicles/day
Taxes and HOA fees
Annual Taxes
$18,822
Listing Agency:
Manor Real Estate
Listed By:
Ben Cherry · License #2006018085
(314) 647-6611
Source:
Exprealty
Added: Nov 23, 2023
Changed: Oct 25
Last Checked: Oct 28 at 12:17PM
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 Manor Real Estate
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Investment Insights
Based on property information with market context.
The property is a 0.78-acre parcel improved with two structures: a 1,723 SF building and a 10,041 SF showroom and auto repair building. It is currently utilized as a car dealership with auto repair services. The site sits on a local commercial and office district zoning designation ("G"). Three curb cuts provide access from the North, West, and South sides of the property.
Located in South St. Louis within the Tower Grove South neighborhood, the property is positioned at the intersection of Kingshighway and Oleatha. The intersection is signalized, supporting visibility and convenient turning access for customer traffic. The site also benefits from traffic counts of 30,000 vehicles per day on Kingshighway.
For prospective buyers and operators, the existing showroom and auto repair configuration supports automotive-related uses and related servicing. Multiple curb cuts and a corner, signalized location can help streamline customer flow and delivery/vehicle movement across the site, while the two-building setup offers flexibility for dealership operations and complementary activities within the same parcel.
Located in South St. Louis within the Tower Grove South neighborhood, the property is positioned at the intersection of Kingshighway and Oleatha. The intersection is signalized, supporting visibility and convenient turning access for customer traffic. The site also benefits from traffic counts of 30,000 vehicles per day on Kingshighway.
For prospective buyers and operators, the existing showroom and auto repair configuration supports automotive-related uses and related servicing. Multiple curb cuts and a corner, signalized location can help streamline customer flow and delivery/vehicle movement across the site, while the two-building setup offers flexibility for dealership operations and complementary activities within the same parcel.
Key Highlights
- 0.78‑acre corner parcel with 2 buildings: a 1,723 SF building and a 10,041 SF showroom and auto repair building
- Zoned "G" (local commercial and office district)
- Currently used as a car dealership with auto repair services
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,278
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$925,560
$925.6K
Cap Rate 7%
$661,114
$661.1K
Cap Rate 9%
$514,200
$514.2K
Market Conditions
NOI Build-Up for 11,674 SF
Gross rent
$69.2K $5.93/SF
− Vacancy
−$3.1K −$0.27/SF
EGI
$66.1K $5.66/SF
− OpEx
−$19.8K −$1.70/SF
NOI
$46.3K $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%
$925,560
Cap Rate 7%
$661,114
Cap Rate 9%
$514,200
Alternative Uses
Best Use
Retail
$2.24M
$1.96M – $2.62M
NOI $157,042 @ 7.0% cap · market cap 11.63%
Second Best
Industrial
$661.1K
$578.5K – $771.3K
NOI $46,278 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$2.51M
$2.19M – $2.92M
NOI $175,381 @ 7.0% cap · market cap 12.99%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
30,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
743
Businesses Nearby
211k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Dining 24%
Home Improvements & Furnishings 21%
Electronics 4%
QuikTrip
Shops & Services
41,075 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
37,714 visits/mo
0.4 miles
PetSmart
Shops & Services
14,757 visits/mo
0.3 miles
Jack in the Box
Dining
13,543 visits/mo
0.3 miles
Dollar Tree
Shops & Services
10,541 visits/mo
0.2 miles
Demographics for 63139, MO
21,971
Population
12,187
Households
1.8
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
3.8 sq mi
ZIP Area
5,782
Density / Sq Mi
$74,749
Median Household Income
$52,298
Median Earnings
$1,086
Median Rent
$199,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Tom Bess Automotive Inc — 4922 Macklind Ave, St. Louis, MO 63109
- Darwish Auto Sales and Repairs — 4676 Lansdowne Ave, St. Louis, MO 63109
- SM Wrap Tint and Detailing — 4676 Lansdowne Ave, St. Louis, MO 63116
- Morganford Auto Care LLC — 4521 Morgan Ford Rd, St. Louis, MO 63116
- Cheap Car Insurance St. Louis — 4330 s kingshighway blvd, st. louis, mo 63109
Frequently Asked Questions
What type of property is this?
Auto shop - Two-building car dealership site with showroom and auto repair improvements at a signalized intersection.
Where is this auto shop located?
The property is located at 3500 S Kingshighway Blvd Saint Louis, MO.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 0.78‑acre corner parcel with 2 buildings: a 1,723 SF building and a 10,041 SF showroom and auto repair building; Zoned "G" (local commercial and office district); Currently used as a car dealership with auto repair services
