Two-Bay Automotive
For Sale
$394,900
12600 Lusher Road, Florissant, MO 63033
The shop has dedicated customer and office areas, storage, a restroom, and a large paved parking area.
Property Size1,305 SF
Lot Size0.67 Acres
Price / SF$302.61
Days on Market104
Property Features for 12600 Lusher Road
General Information
Standard status
Active
Size
1,305 SF
Lot size
0.67 Acres
Property subtype
Commercial
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Automotive
Service Bays
2
Automotive Uses
auto repair
Tenancy & Operations
Currently Operating
Yes
Real Estate Included
Yes
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$9,387
Amenities
Waiting Area
Office
Storage Room
Bathroom
Building Details
Building Size
1,305 SF
Year Built
1972
Buildings
1
Stories
1
Listing Agency:
Show-Me Realty Associates
(636) 634-3487
Listed By:
Connie Dunn · License #1999087045
(314) 712-2127
Source:
Finehomesbydawn
Added: Jul 13
Changed: Oct 23
Last Checked: Oct 23 at 4:12PM
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 Show-Me Realty Associates
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Investment Insights
Based on property information with market context.
This 1,305-square-foot automotive shop was built in 1972 and is configured with two service bays, each equipped with a lift and overhead door. The building also includes a waiting area, office, storage room, and bathroom. A newer roof is noted, along with a covered carport and fenced outdoor storage.
The property spans 0.67 acres, with a large parking area and additional land that provides room for expansion. The current business has operated for more than 33 years. Potential alternate applications identified for the site include detailing, vehicle wraps, used auto sales, construction, tree and lawn service, and tire sales or service.
The property spans 0.67 acres, with a large parking area and additional land that provides room for expansion. The current business has operated for more than 33 years. Potential alternate applications identified for the site include detailing, vehicle wraps, used auto sales, construction, tree and lawn service, and tire sales or service.
Key Highlights
- Two service bays with lifts and overhead doors
- 1,305‑square‑foot building constructed in 1972
- 0.67‑acre lot with room for expansion
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,555
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$351,100
$351.1K
Cap Rate 7%
$250,786
$250.8K
Cap Rate 9%
$195,056
$195.1K
Market Conditions
NOI Build-Up for 1,305 SF
Gross rent
$29.1K $22.32/SF
− Vacancy
−$4.0K −$3.10/SF
EGI
$25.1K $19.22/SF
− OpEx
−$7.5K −$5.77/SF
NOI
$17.6K $13.45/SF
Area
St. Louis County, MO
Vacancy
13.90%
Lease Rate
$22.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$351,100
Cap Rate 7%
$250,786
Cap Rate 9%
$195,056
Alternative Uses
Best Use
Retail
$250.8K
$219.4K – $292.6K
NOI $17,555 @ 7.0% cap · market cap 4.45%
Second Best
Industrial
$73.9K
$64.7K – $86.2K
NOI $5,173 @ 7.0% cap · market cap 1.31%
Theoretical Best
Office A
$280.1K
$245.1K – $326.8K
NOI $19,605 @ 7.0% cap · market cap 4.96%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Service bays
Turnkey business
Opportunity
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
113
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 63033, MO
43,175
Population
18,637
Households
2.3
Avg Household Size
40
Median Age
28%
College-Educated
93%
High-School Grad
12.2 sq mi
ZIP Area
3,539
Density / Sq Mi
$63,979
Median Household Income
$38,410
Median Earnings
$1,150
Median Rent
$157,400
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
- First Lady Automotive — 6846 Trois Ct, Florissant, MO 63033
- Executive Auto Enterprises — 12450 Lusher Rd, St. Louis, MO 63138
- Hy-Tech Transmissions — 12598 Lusher Rd, St. Louis, MO 63138
- Sansone's Automotive — 12600 Lusher Rd, Florissant, MO 63033
Frequently Asked Questions
What type of property is this?
Auto shop - The shop has dedicated customer and office areas, storage, a restroom, and a large paved parking area.
Where is this auto shop located?
The property is located at 12600 Lusher Road Florissant, MO.
What is the asking price?
The asking price for this property is $394,900.
What are key features of this property?
This property features: Two service bays with lifts and overhead doors; 1,305‑square‑foot building constructed in 1972; 0.67‑acre lot with room for expansion
