Warehouse with Drive-In
For Sale
Contact for pricing
2615 S 10TH ST, Saint Louis, MO 63118
The facility offers direct loading access, single- and three-phase power, and a roof replaced in 2018.
Property Size6,750 SF
Price / SF$86.67
Days on Market136
Property Features for 2615 S 10TH ST
General Information
Standard status
Active
Size
6,750 SF
Property subtype
INDUSTRIAL
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
10 ft
Drive-In Doors
2
Three-Phase Power
Yes
Listing Agency:
Savoy Properties, LLC
(314) 909-8400
Listed By:
Ben Friedman
(314) 283-9235
Source:
Moodyscre
Added: Jun 2
Changed: Oct 12
Last Checked: Oct 15 at 1:18AM
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 Savoy Properties, LLC
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Investment Insights
Based on property information with market context.
This 6,750-square-foot warehouse provides 10 feet of ceiling height and two drive-in doors for loading. Electrical service includes both single-phase and three-phase power, with multiple 200 and 400 amp panels. The roof was fully replaced in 2018. The property is located at 2615 S 10th St, Saint Louis, Missouri 63118.
Key Highlights
- 6,750 square feet of warehouse space
- 10 feet of ceiling height
- Two drive‑in doors for loading
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,492
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$649,840
$649.8K
Cap Rate 7%
$464,171
$464.2K
Cap Rate 9%
$361,022
$361.0K
Market Conditions
NOI Build-Up for 6,750 SF
Gross rent
$40.0K $5.93/SF
− Vacancy
−$1.8K −$0.27/SF
EGI
$38.2K $5.66/SF
− OpEx
−$5.7K −$0.85/SF
NOI
$32.5K $4.81/SF
Area
St. Louis County, MO
Vacancy
4.50%
Lease Rate
$5.93 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$649,840
Cap Rate 7%
$464,171
Cap Rate 9%
$361,022
Alternative Uses
Best Use
Warehouse
$464.2K
$406.2K – $541.5K
NOI $32,492 @ 7.0% cap · market cap 5.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,407 @ 7.0% cap · market cap 17.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
10 ft
Clear height
2
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
859
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 63118, MO
25,194
Population
14,770
Households
1.7
Avg Household Size
34
Median Age
38%
College-Educated
87%
High-School Grad
3.4 sq mi
ZIP Area
7,410
Density / Sq Mi
$57,268
Median Household Income
$44,717
Median Earnings
$952
Median Rent
$210,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- South Side Storage & Moving Co — sidney st, st. louis, mo 63104
- Universal Dedicated Warehouse — 400 Shenandoah Ave, St. Louis, MO 63104
Frequently Asked Questions
What type of property is this?
Warehouse - The facility offers direct loading access, single- and three-phase power, and a roof replaced in 2018.
Where is this warehouse located?
The property is located at 2615 S 10TH ST Saint Louis, MO.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: 6,750 square feet of warehouse space; 10 feet of ceiling height; Two drive‑in doors for loading
