Equipped Auto Body
For Sale
Contact for pricing
5310 Martin Luther King Blvd, Saint Louis, MO 63140
Equipped auto body shop with dealer licenses and fenced storage.
Property Size11,520 SF
Price / SF$43.32
Days on Market102
Property Features for 5310 Martin Luther King Blvd
General Information
Standard status
Active
Size
11,520 SF
Property subtype
INDUSTRIAL
Listing Agency:
Hilliker Corporation
(314) 781-0001
Listed By:
John H. Shepley
Source:
Moodyscre
Added: May 21
Changed: Aug 20
Last Checked: Aug 30 at 3:24PM
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.
The property is an equipped auto body shop with dealer licenses. It includes air compressors, a paint room, and hydraulic lifts. The ceilings range from 12 to 16 feet. There are three 12 x 12 foot drive-in doors. Approximately 11% of the property is finished office space. The property also features fenced outside storage. The building has a total area of 11,520 square feet and is located on Martin Luther King Blvd in Saint Louis, MO.
Key Highlights
- Presently fully equipped auto body shop with dealers licenses
- Features 3 (three) 12’ x 12’ drive‑in doors
- Air compressors, paint room, and hydraulic lifts included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$45,668
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$913,360
$913.4K
Cap Rate 7%
$652,400
$652.4K
Cap Rate 9%
$507,422
$507.4K
Market Conditions
NOI Build-Up for 11,520 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$68.3K $5.93/SF
− Vacancy
−$3.1K −$0.27/SF
EGI
$65.2K $5.66/SF
− OpEx
−$19.6K −$1.70/SF
NOI
$45.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$913,360
Cap Rate 7%
$652,400
Cap Rate 9%
$507,422
Alternative Uses
Best Use
Retail
$2.21M
$1.94M – $2.58M
NOI $154,970 @ 7.0% cap · market cap 31.06%
Second Best
Industrial
$652.4K
$570.9K – $761.1K
NOI $45,668 @ 7.0% cap · market cap 9.15%
Theoretical Best
Office A
$2.47M
$2.16M – $2.88M
NOI $173,068 @ 7.0% cap · market cap 34.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
106
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 63140, MO
258
Population
211
Households
1.2
Avg Household Size
28
Median Age
42%
College-Educated
96%
High-School Grad
0.5 sq mi
ZIP Area
516
Density / Sq Mi
$43,438
Median Household Income
$30,000
Median Earnings
$833
Median Rent
$84,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Hughes Auto Body Inc — 9315 Natural Bridge Rd, Berkeley, MO 63134
- Stone Wheel Inc — 4665 World Pkwy Cir, St. Louis, MO 63134
- North Park Auto Center — 5310 Martin Luther King Blvd, St. Louis, MO 63140
- BETTER DEAL AUTOMOTIVE — 5814 N Hanley Rd #2004, St. Louis, MO 63134, United States
Frequently Asked Questions
What type of property is this?
Auto shop - Equipped auto body shop with dealer licenses and fenced storage.
Where is this auto shop located?
The property is located at 5310 Martin Luther King Blvd Saint Louis, MO.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Presently fully equipped auto body shop with dealers licenses; Features 3 (three) 12’ x 12’ drive‑in doors; Air compressors, paint room, and hydraulic lifts included
