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Industrial Warehouse with Storage
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5915 Garfield Ave, Saint Louis, MO 63134

Industrial warehouse offering three drive-in doors, minimal office space, and outside storage on a small lot.

Property Size4,130 SF
Lot Size0.25 Acres
Price / SF$93.22
Days on Market232

Property Features for 5915 Garfield Ave

General Information

Standard status Active
Size 4,130 SF
Lot size 0.25 Acres
Property subtype INDUSTRIAL
Zoning M-1

Additional Details

Outdoor Storage Yes
Drive-In Doors 3
Listing Agency: Hilliker Corporation
Listed By: Holland "Buddy" Chalfant
Source: Moodyscre
Added: Mar 5 Changed: Oct 16 Last Checked: Oct 23 at 10:46AM

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

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Investment Insights

Based on property information with market context.

This for-sale industrial warehouse includes three drive-in doors and minimal office space. The property also has industrial outside storage and sits on a 0.25-acre lot.

The asset is zoned M-1 Industrial, supporting industrial use. It is suited for operators who need direct drive-in access and outdoor storage for equipment or materials.

The combined warehouse and storage configuration is designed for practical day-to-day use within an M-1 industrial zoning framework.

Key Highlights

  • 0.25‑acre industrial property with industrial outside storage
  • (3) drive‑in doors for warehouse access
  • Minimal office space on‑site

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,880
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,600 $397.6K
Cap Rate 7%
$284,000 $284.0K
Cap Rate 9%
$220,889 $220.9K
Market Conditions
NOI Build-Up for 4,130 SF
Gross rent
$24.5K $5.93/SF
− Vacancy
−$1.1K −$0.27/SF
EGI
$23.4K $5.66/SF
− OpEx
−$3.5K −$0.85/SF
NOI
$19.9K $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%
$397,600
Cap Rate 7%
$284,000
Cap Rate 9%
$220,889

Alternative Uses

Best Use
Warehouse
$284.0K
$248.5K – $331.3K (±1% cap)
NOI $19,880 @ 7.0% cap · market cap 5.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$886.4K
$775.6K – $1.03M (±1% cap)
NOI $62,046 @ 7.0% cap · market cap 16.12%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Dental Office Restaurant Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Drive-in doors

Location Intelligence

Trade Area within ½ mile

248
Businesses Nearby
Under-served
Demand for This Use

Demographics for 63134, MO

12,737
Population
5,675
Households
2.2
Avg Household Size
35
Median Age
17%
College-Educated
86%
High-School Grad
8.3 sq mi
ZIP Area
1,535
Density / Sq Mi
$42,222
Median Household Income
$32,136
Median Earnings
$1,107
Median Rent
$92,000
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

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial warehouse offering three drive-in doors, minimal office space, and outside storage on a small lot.
Where is this warehouse located?
The property is located at 5915 Garfield Ave Saint Louis, MO.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 0.25‑acre industrial property with industrial outside storage; (3) drive‑in doors for warehouse access; Minimal office space on‑site
(314) 781-0001 Call to check price and availability
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