Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    600 E Lockwood Ave Webster Groves, MO

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available in Webster Groves near Webster University.

    Type:RETAIL
    Property size:
    4,244 SF
    Lot size:
    2.41 Acres
    Added:
    Dec 1, 2024
    Days on Market:
    516
    Last Refresh:
    Apr 5 at 9:52 pm

    Property Features for 600 E Lockwood Ave

    General Information

    Standard status
    Active
    Size
    4,244 SF
    Lot size
    2.41 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 600 E Lockwood Ave Contact us

    We can help!

    Listing Contact
    Mike Hurley
    Mike Hurley

    Listing agent Mike Hurley

    Listing office Cozad Commercial Real Estate Group

    Listing date Dec 1, 2024

    Source Moodyscre

    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 Cozad Commercial Real Estate Group

    Overview

    Retail Space in Webster Groves

    This retail space is located in Old Orchard Center, in Webster Groves, near Webster University and Nerinx Hall. The location offers easy access to I-44 and visibility to over 20,000 vehicles per day at the intersection of Old Orchard and Big Bend. The property has a total area of 4,244 square feet. Current tenants include Starbucks and Subway.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Webster Groves
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.3573
    Latitude
    38.5926

    Nearby Similar for Lease

    • $20 SF/Yr

      Renovated Office Space on Brentwood

      Webster Groves office space with high visibility and recent renovations.
      3201-3229 S Brentwood Blvd, Webster Groves, MO
      View Details
    • $23 SF/Yr

      Retail Space with Dedicated Parking

      2,200 SF retail space with dedicated parking lot.
      7924-7930 Big Bend Blvd, Webster Groves, MO
      View Details
    • Contact for pricing

      Class-A Office Space Available

      Class-A office space for rent in Old Webster Business District.
      20 Allen Ave, Webster Groves, MO
      View Details
    • Contact for pricing

      Retail Space in Webster Groves

      Retail space available in walkable neighborhood with ample parking.
      227-297 W Lockwood Ave, Webster Groves, MO
      View Details
    • Contact for pricing

      Retail Space with High Visibility

      Retail space with high visibility and strong neighborhood trade area.
      8031-8057 Watson Rd, Webster Groves, MO
      View Details
    • Contact for pricing

      Retail Space in Webster Groves

      Retail space with high visibility and generous parking.
      8063-8073 Watson Rd, Webster Groves, MO
      View Details
    • Contact for pricing

      Webster Groves Office Portfolio

      Seven-building office portfolio in desirable Webster Groves neighborhood.
      345, 349, 353, 357 Marshall Avenue, Webster Groves, MO 63119
      View Details
    • Contact for pricing

      Webster Groves Office/Retail Space

      Unique office/retail space with historic charm and modern amenities.
      8730 Big Bend Blvd, Webster Groves, MO 63119
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail space for lease at Laclede Station Road.
      Laclede Station Road & Watson Road, Webster Groves, MO 63119
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available in Webster Groves near Webster University.
    Where is this retail space located?
    The property is located at 600 E Lockwood Ave Webster Groves, MO.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: Prime location in Webster Groves.; Easy access to I‑44.; High visibility to 20,000+ vehicles per day.
    (314) 484-1469 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Mike Hurley
    Mike Hurley
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    600 E Lockwood Ave, Webster Groves, MO

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!