Two-Bay Automotive
For Sale
$320,000
1525 State Road Z, Pevely, MO
Automotive facility with service equipment, vehicle storage capacity, and public utilities.
Property Size1,391 SF
Price / SF$230.05
Days on Market52
Property Features for 1525 State Road Z
General Information
Standard status
Active
Size
1,391 SF
Total Parking Spaces
20
Site & Location
Outdoor Storage
Yes
Utilities to Site
Yes
Additional Details
Service Bays
2
Taxes and HOA fees
Annual Taxes
$2,334
Amenities
air conditioning
heating
Building Details
Buildings
1
Listing Agency:
Coldwell Banker Realty - Gundaker
(636) 931-2211
Listed By:
Trevor Hollock · License #2021005598
(636) 208-3655
Source:
Exprealty
Added: Sep 16
Changed: Oct 25
Last Checked: Nov 4 at 2:51PM
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 Coldwell Banker Realty - Gundaker
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Investment Insights
Based on property information with market context.
This automotive property at 1525 State Road Z includes approximately 1,391 square feet of shop space in a 30-by-36-foot garage. The building has two service bays, two 12-by-9-foot doors, a reception or waiting area, and a bathroom. A 2016 air-conditioning installation supports the interior, while heating is provided by both used-oil and natural-gas systems.
The sale includes two 10,000-pound lifts, installed in 2016 and 2015, along with two mounted air compressors and tire-balancing equipment. The property also provides space for a 20-car parking lot and storage for 40 vehicles. Public utilities serve the facility.
The sale includes two 10,000-pound lifts, installed in 2016 and 2015, along with two mounted air compressors and tire-balancing equipment. The property also provides space for a 20-car parking lot and storage for 40 vehicles. Public utilities serve the facility.
Key Highlights
- Approximately 1,391+/- square feet of shop space
- 30X36 garage with 2 bays and two 12ftX9ft doors
- Two 10,000lbs lifts installed in 2016 and 2015
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,217
Cap Rate
6.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,340
$444.3K
Cap Rate 7%
$317,386
$317.4K
Cap Rate 9%
$246,856
$246.9K
Market Conditions
NOI Build-Up for 1,391 SF
Gross rent
$33.6K $24.12/SF
− Vacancy
−$1.8K −$1.30/SF
EGI
$31.7K $22.82/SF
− OpEx
−$9.5K −$6.85/SF
NOI
$22.2K $15.97/SF
Area
Jefferson County, MO
Vacancy
5.40%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,340
Cap Rate 7%
$317,386
Cap Rate 9%
$246,856
Alternative Uses
Best Use
Retail
$317.4K
$277.7K – $370.3K
NOI $22,217 @ 7.0% cap · market cap 6.94%
Second Best
Industrial
$85.8K
$75.1K – $100.1K
NOI $6,007 @ 7.0% cap · market cap 1.88%
Theoretical Best
Specialty Retail
$4.13M
$3.61M – $4.82M
NOI $289,179 @ 7.0% cap · market cap 90.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
2
Service bays
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
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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
- Rust Bucket Brothers — 9412 2nd Ave, Pevely, MO 63070
- Front Street Auto — 2201 Front St, Pevely, MO 63070
Frequently Asked Questions
What type of property is this?
Auto shop - Automotive facility with service equipment, vehicle storage capacity, and public utilities.
Where is this auto shop located?
The property is located at 1525 State Road Z Pevely, MO.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Approximately 1,391+/- square feet of shop space; 30X36 garage with 2 bays and two 12ftX9ft doors; Two 10,000lbs lifts installed in 2016 and 2015
