For Sale
Contact for pricing
4560 N Second Street, Saint Louis, MO 63147
Flex space
Property Size25,227 SF
Price / SF$43.41
Days on Market735
Property Features for 4560 N Second Street
General Information
Standard status
Active
Size
25,227 SF
Class
C
Property subtype
Office, Industrial
Lease Type
Modified Gross
Building Details
Buildings
2
Tenancy
Single
Listing Agency:
Hilliker Corporation
Listed By:
A. William Aschinger · License #MO 1999057422
(314) 781-0001
Source:
Crexi
Added: Oct 5, 2024
Changed: Oct 2
Last Checked: Oct 7 at 11:00AM
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 Hilliker Corporation
Investment Insights
Based on property information with market context.
Key Highlights
- 25,227 SF industrial building
- Renovated offices
- Drive‑thru bays
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,005
Cap Rate
9.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,000,100
$2.0M
Cap Rate 7%
$1,428,643
$1.4M
Cap Rate 9%
$1,111,167
$1.1M
Market Conditions
NOI Build-Up for 25,227 SF
Gross rent
$149.6K $5.93/SF
− Vacancy
−$6.7K −$0.27/SF
EGI
$142.9K $5.66/SF
− OpEx
−$42.9K −$1.70/SF
NOI
$100.0K $3.96/SF
Area
St. Louis County, MO
Vacancy
4.50%
Lease Rate
$5.93 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,000,100
Cap Rate 7%
$1,428,643
Cap Rate 9%
$1,111,167
Alternative Uses
Best Use
Industrial
$1.43M
$1.25M – $1.67M
NOI $100,005 @ 7.0% cap · market cap 9.13%
Second Best
Flex RnD
$1.34M
$1.17M – $1.57M
NOI $93,958 @ 7.0% cap · market cap 8.58%
Theoretical Best
Office A
$5.41M
$4.74M – $6.32M
NOI $378,991 @ 7.0% cap · market cap 34.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
240
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 63147, MO
8,499
Population
4,542
Households
1.9
Avg Household Size
44
Median Age
12%
College-Educated
86%
High-School Grad
5.9 sq mi
ZIP Area
1,441
Density / Sq Mi
$39,119
Median Household Income
$27,956
Median Earnings
$926
Median Rent
$70,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
Where is this flex space located?
The property is located at 4560 N Second Street Saint Louis, MO.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: 25,227 SF industrial building; Renovated offices; Drive‑thru bays
