Commercial
For Sale
Contact for pricing
1729-1731 South 7th Street, Saint Louis, MO 63104
Commercial land at a South 7th Street address in St. Louis.
Property Size5,376 SF
Price / SF$181.36
Days on Market101
Property Features for 1729-1731 South 7th Street
General Information
Standard status
Active
Size
5,376 SF
Property subtype
Retail, Land
Investment Type
Redevelopment
Listing Agency:
Kramer Commercial Realty
Listed By:
Mark Kramer · License #MO 2007037354
(314) 502-9155
Source:
Crexi
Added: Jul 7
Changed: Oct 1
Last Checked: Oct 14 at 11:06PM
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 Kramer Commercial Realty
Investment Insights
Based on property information with market context.
This commercial land parcel is identified at 1729–1731 South 7th Street in St. Louis, Missouri 63104. The property record classifies the asset as commercial land and identifies it for sale.
Key Highlights
- Commercial land at 1729–1731 South 7th Street
- Located in St. Louis, MO 63104
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,319
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,446,380
$1.4M
Cap Rate 7%
$1,033,129
$1.0M
Cap Rate 9%
$803,544
$803.5K
Market Conditions
NOI Build-Up for 5,376 SF
Gross rent
$120.0K $22.32/SF
− Vacancy
−$16.7K −$3.10/SF
EGI
$103.3K $19.22/SF
− OpEx
−$31.0K −$5.77/SF
NOI
$72.3K $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%
$1,446,380
Cap Rate 7%
$1,033,129
Cap Rate 9%
$803,544
Alternative Uses
Best Use
Retail
$1.03M
$904.0K – $1.21M
NOI $72,319 @ 7.0% cap · market cap 7.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.15M
$1.01M – $1.35M
NOI $80,765 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
873
Businesses Nearby
45k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 81%
Dining 17%
Home Improvements & Furnishings 2%
Dollar Tree
Shops & Services
16,296 visits/mo
0.2 miles
BP
Shops & Services
12,753 visits/mo
0.2 miles
Phillips 66
Shops & Services
6,161 visits/mo
0.3 miles
Panera Bread
Dining
3,470 visits/mo
0.2 miles
SUBWAY
Dining
1,652 visits/mo
0.1 miles
Demographics for 63104, MO
19,317
Population
10,958
Households
1.8
Avg Household Size
34
Median Age
54%
College-Educated
94%
High-School Grad
3.4 sq mi
ZIP Area
5,681
Density / Sq Mi
$70,127
Median Household Income
$53,693
Median Earnings
$1,054
Median Rent
$249,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land at a South 7th Street address in St. Louis.
Where is this commercial land located?
The property is located at 1729-1731 South 7th Street Saint Louis, MO.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Commercial land at 1729–1731 South 7th Street; Located in St. Louis, MO 63104
