Retail Building with Ample
8205 Gravois Rd Saint Louis, MO 63123
For Sale
$649,000
Corner retail building on a high-traffic corridor with a sales floor, office, restroom, storage, and parking for 40.
Property Size3,200 SF
Price / SF$202.81
Days on Market712
Property Features for 8205 Gravois Rd
General Information
- Standard status
- Active
- Size
- 3,200 SF
Listing Agency:
LuxREco
(314) 892-5200
Listed By:
Gregory Hayden · License #1999021961
(314) 892-5200
Source:
Exprealty
Added: Aug 11, 2024
Changed: Jul 22
Last Checked: Jul 23 at 1:12PM
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 LuxREco
Investment Insights
Based on property information with market context.
This retail building on a high-traffic corridor is currently configured with a sales floor, office, restroom, and storage room. The property also features new LED lighting and security cameras throughout. The roof is approximately 10 years old, and the HVAC is approximately 16 years old, supporting continued day-to-day operations.
The building is situated at a corner location on Gravois Road in Affton. It offers ample on-site parking for up to 40 cars and is zoned C2, providing flexibility for a wide range of commercial users.
The asking price listed is for the property only; availability of the existing Mid America Arms business is subject to separate negotiation. The property may also be purchased with adjacent parcels to form a continuous redevelopment site at the signalized intersection of Gravois and Heege, as described in the remarks.
The building is situated at a corner location on Gravois Road in Affton. It offers ample on-site parking for up to 40 cars and is zoned C2, providing flexibility for a wide range of commercial users.
The asking price listed is for the property only; availability of the existing Mid America Arms business is subject to separate negotiation. The property may also be purchased with adjacent parcels to form a continuous redevelopment site at the signalized intersection of Gravois and Heege, as described in the remarks.
Key Highlights
- 3,200 SF retail building on a high‑traffic corridor of Gravois in Affton
- Corner location at the signalized intersection of Gravois and Heege (includes ample parking)
- Includes sales floor, office, restroom, and storage room
Financial Insights For Retail
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 | $71.4k | $22.32 |
| − Vacancy | −$9.9k | −$3.10 |
| EGI | $61.5k | $19.22 |
| − OpEx | −$18.4k | −$5.77 |
| NOI | $43.0k | $13.45 |
3,200 SF · lease $22.32/SF/yr · vacancy 13.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$615.0K
$538.1K – $717.5K
NOI $43,047 @ 7.0% cap · market cap 6.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$686.8K
$600.9K – $801.2K
NOI $48,074 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Off Market Nearby
- Hi Way Florist — 7049 Gravois Ave, St. Louis, MO 63116
- Schnucks Gravois Floral — 7450 Hampton Ave, St. Louis, MO 63109
FAQs
What type of property is this?
Storefront property - Corner retail building on a high-traffic corridor with a sales floor, office, restroom, storage, and parking for 40.
Where is this storefront property located?
The property is located at 8205 Gravois Rd Saint Louis, MO.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 3,200 SF retail building on a high‑traffic corridor of Gravois in Affton; Corner location at the signalized intersection of Gravois and Heege (includes ample parking); Includes sales floor, office, restroom, and storage room
