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4-Unit Warehouse with Outside Storage
New
For Sale
$895,000

5730 Wise Ave Saint, Louis, MO 63110

J-zoned property combines office-warehouse space with permitted outdoor storage.

Days on Market2

Property Features for 5730 Wise Ave Saint

General Information

Standard status Active
Class B
Property subtype Warehouse

Building Details

Building Size 7,558 SF
Year Built 1947
Listing Agency: Intelica CRE
Listed By: Joel Meyer
Source: Thebrokerlist
Added: Aug 1 Changed: Aug 2 Last Checked: Aug 2 at 4:35AM

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 7,558 SF warehouse property contains four units within a building constructed in 1947. The existing configuration supports office, warehouse, industrial, and distribution functions, with permitted outside storage adding operational flexibility. The property encompasses 0.84 acres and is zoned J.

Located at 5730 Wise Ave in Saint Louis, the site offers access to Interstates 64 and 44, supporting regional movement for warehouse and distribution users. Lambert-St. Louis International Airport is also nearby, providing access to air cargo and freight services. The property combines multi-unit industrial space, outdoor storage rights, and a transportation-oriented Saint Louis location.

Key Highlights

  • 7,558 SF warehouse building with 4 units
  • Permitted outside storage
  • 0.84 acres of land

Financial Insights For Warehouse

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 $44.8k $5.93
− Vacancy −$2.0k −$0.27
EGI $42.8k $5.66
− OpEx −$6.4k −$0.85
NOI $36.4k $4.81
7,558 SF · lease $5.93/SF/yr · vacancy 4.50% · expense 15.00%

Alternative Uses

Best Use
Office B
$1.32M
$1.15M – $1.54M (±1% cap)
NOI $92,234 @ 7.0% cap · market cap 10.31%
Second Best
Warehouse
$519.7K
$454.8K – $606.4K (±1% cap)
NOI $36,382 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M (±1% cap)
NOI $113,546 @ 7.0% cap · market cap 12.69%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Spa & Massage Center Nail Salon Pharmacy

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

Location Intelligence

Trade Area within ½ mile

2,975
Businesses Nearby
Well-served
Demand for This Use

Demographics for 63110, MO

18,199
Population
10,260
Households
1.8
Avg Household Size
33
Median Age
64%
College-Educated
97%
High-School Grad
6.6 sq mi
ZIP Area
2,757
Density / Sq Mi
$73,809
Median Household Income
$55,340
Median Earnings
$1,183
Median Rent
$314,600
Median Home Value

Market

Properties on Market for Warehouses in Louis

Feb
Mar
Apr
May
Jun
Jul

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
Questions? Ask Rey
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Similar Off Market Nearby

  • Public Storage — 5801 Wilson Ave, St. Louis, MO 63110
  • Extra Space Storage — 4959 Manchester Ave, St. Louis, MO 63110

Frequently Asked Questions

What type of property is this?
Warehouse - J-zoned property combines office-warehouse space with permitted outdoor storage.
Where is this warehouse located?
The property is located at 5730 Wise Ave Saint Louis, MO.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 7,558 SF warehouse building with 4 units; Permitted outside storage; 0.84 acres of land
More about this property
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