Retail Space with
For Sale
Contact for pricing
5017 Gravois Ave, Saint Louis, MO 63116
Includes a kitchen, storage area, and two restrooms.
Property Size3,200 SF
Price / SF$187.19
Days on Market142
Property Features for 5017 Gravois Ave
General Information
Standard status
Active
Size
3,200 SF
Property subtype
RETAIL
Listing Agency:
NorthStar Real Estate Group, LLC
(314) 833-4444
Listed By:
Dan Rossini
(314) 568-4023
Source:
Moodyscre
Added: May 27
Changed: Oct 11
Last Checked: Oct 15 at 12:28AM
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 NorthStar Real Estate Group, LLC
Investment Insights
Based on property information with market context.
This 3,200-square-foot retail space at 5017 Gravois Ave in Saint Louis includes two offices, a kitchen, two restrooms, and dedicated storage. The property also features a newer roof, providing a straightforward layout for retail use with supporting office and service areas.
Key Highlights
- 3,200 square feet of retail space
- Two offices included
- Kitchen and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,047
Cap Rate
7.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$860,940
$860.9K
Cap Rate 7%
$614,957
$615.0K
Cap Rate 9%
$478,300
$478.3K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$71.4K $22.32/SF
− Vacancy
−$9.9K −$3.10/SF
EGI
$61.5K $19.22/SF
− OpEx
−$18.4K −$5.77/SF
NOI
$43.0K $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%
$860,940
Cap Rate 7%
$614,957
Cap Rate 9%
$478,300
Alternative Uses
Best Use
Retail
$615.0K
$538.1K – $717.5K
NOI $43,047 @ 7.0% cap · market cap 7.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$686.8K
$600.9K – $801.2K
NOI $48,074 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
748
Businesses Nearby
63k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Apparel 31%
Dining 13%
Electronics 7%
Burlington
Apparel
19,453 visits/mo
0.4 miles
Dollar General
Shops & Services
8,796 visits/mo
0.4 miles
Scooter's Coffee
Dining
8,261 visits/mo
0.5 miles
7-Eleven
Shops & Services
7,495 visits/mo
0.3 miles
Family Dollar
Shops & Services
4,492 visits/mo
0.2 miles
Demographics for 63116, MO
41,959
Population
22,394
Households
1.9
Avg Household Size
37
Median Age
37%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
7,770
Density / Sq Mi
$60,193
Median Household Income
$42,012
Median Earnings
$946
Median Rent
$161,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Includes a kitchen, storage area, and two restrooms.
Where is this retail space located?
The property is located at 5017 Gravois Ave Saint Louis, MO.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 3,200 square feet of retail space; Two offices included; Kitchen and two restrooms
