4-Unit Warehouse with Outside
For Sale
$895,000
5730 Wise Ave Saint, Louis, MO 63110
J-zoned property combines office-warehouse space with permitted outdoor storage.
Property Size7,558 SF
Days on Market17
Property Features for 5730 Wise Ave Saint
General Information
Standard status
Active
Size
7,558 SF
Class
B
Property subtype
Warehouse
Building Details
Building Size
7,558 SF
Year Built
1947
Listing Agency:
Intelica CRE
(314) 744-8992
Listed By:
Joel Meyer
(314) 744-8992
Source:
Thebrokerlist
Added: Aug 1
Changed: Aug 14
Last Checked: Aug 17 at 3:40AM
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 Intelica CRE
Investment Insights
Based on property information with market context.
This 7,558 SF warehouse property contains four units within a building constructed in 1947. The existing configuration supports office, warehouse, industrial, and distribution functions, with permitted outside storage adding operational flexibility. The property encompasses 0.84 acres and is zoned J.
Located at 5730 Wise Ave in Saint Louis, the site offers access to Interstates 64 and 44, supporting regional movement for warehouse and distribution users. Lambert-St. Louis International Airport is also nearby, providing access to air cargo and freight services. The property combines multi-unit industrial space, outdoor storage rights, and a transportation-oriented Saint Louis location.
Located at 5730 Wise Ave in Saint Louis, the site offers access to Interstates 64 and 44, supporting regional movement for warehouse and distribution users. Lambert-St. Louis International Airport is also nearby, providing access to air cargo and freight services. The property combines multi-unit industrial space, outdoor storage rights, and a transportation-oriented Saint Louis location.
Key Highlights
- 7,558 SF warehouse building with 4 units
- Permitted outside storage
- 0.84 acres of land
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
$36,382
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
4.07%
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%
$727,640
$727.6K
Cap Rate 7%
$519,743
$519.7K
Cap Rate 9%
$404,244
$404.2K
Market Conditions
NOI Build-Up for 7,558 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
$44.8K $5.93/SF
− Vacancy
−$2.0K −$0.27/SF
EGI
$42.8K $5.66/SF
− OpEx
−$6.4K −$0.85/SF
NOI
$36.4K $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 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%
$727,640
Cap Rate 7%
$519,743
Cap Rate 9%
$404,244
Alternative Uses
Best Use
Warehouse
$519.7K
$454.8K – $606.4K
NOI $36,382 @ 7.0% cap · market cap 4.07%
Second Best
Industrial
$428.0K
$374.5K – $499.4K
NOI $29,961 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,546 @ 7.0% cap · market cap 12.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,975
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 63110, MO
18,199
Population
10,260
Households
1.8
Avg Household Size
33
Median Age
64%
College-Educated
97%
High-School Grad
6.6 sq mi
ZIP Area
2,757
Density / Sq Mi
$73,809
Median Household Income
$55,340
Median Earnings
$1,183
Median Rent
$314,600
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Public Storage — 5801 Wilson Ave, St. Louis, MO 63110
- Extra Space Storage — 4959 Manchester Ave, St. Louis, MO 63110
Frequently Asked Questions
What type of property is this?
Warehouse - J-zoned property combines office-warehouse space with permitted outdoor storage.
Where is this warehouse located?
The property is located at 5730 Wise Ave Saint Louis, MO.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 7,558 SF warehouse building with 4 units; Permitted outside storage; 0.84 acres of land
