Flex Space with Dock
For Sale
$1,100,000
620 Shenandoah Avenue Saint, Louis, MO 63104
Combined office and warehouse areas provide a flexible commercial layout with dock and drive-in loading.
Property Size18,975 SF
Lot Size1.07 Acres
Price / SF$57.97
Days on Market80
Property Features for 620 Shenandoah Avenue Saint
General Information
Standard status
Active
Size
18,975 SF
Lot size
1.07 Acres
Property subtype
Warehouse
Warehouse & Industrial
Clear Height
15.5 ft
Office Build-Out
2,610 SF
Dock-High Doors
2
Drive-In Doors
1
Column Spacing
40 x 24 ft
Building Details
Building Size
18,975 SF
Buildings
1
Listing Agency:
Intelica CRE
Listed By:
Dan Merlo · License #MO 1999093826
(314) 270-5991
Source:
Thebrokerlist
Added: Aug 14
Changed: Oct 25
Last Checked: Nov 1 at 2:14AM
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
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Investment Insights
Based on property information with market context.
This flex property combines office and warehouse functions within an 18,975 SF building on 1.07 acres. The office component measures 2,610 SF, while the warehouse area offers 15.5' clear height, 40'x24' column spacing, two dock positions, and one drive-in door.
Located at 620 Shenandoah Avenue in St. Louis City, the property provides a defined commercial setting for operations requiring both administrative and industrial space. The combination of office accommodation, warehouse capacity, and multiple loading options creates a practical configuration for business use.
Located at 620 Shenandoah Avenue in St. Louis City, the property provides a defined commercial setting for operations requiring both administrative and industrial space. The combination of office accommodation, warehouse capacity, and multiple loading options creates a practical configuration for business use.
Key Highlights
- 18,975 SF flex building on 1.07 acres
- 2,610 SF of office space
- 15.5' clear ceiling height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,340
Cap Rate
8.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,826,800
$1.8M
Cap Rate 7%
$1,304,857
$1.3M
Cap Rate 9%
$1,014,889
$1.0M
Market Conditions
NOI Build-Up for 18,975 SF
Gross rent
$112.5K $5.93/SF
− Vacancy
−$5.1K −$0.27/SF
EGI
$107.5K $5.66/SF
− OpEx
−$16.1K −$0.85/SF
NOI
$91.3K $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%
$1,826,800
Cap Rate 7%
$1,304,857
Cap Rate 9%
$1,014,889
Alternative Uses
Best Use
Office B
$3.31M
$2.89M – $3.86M
NOI $231,561 @ 7.0% cap · market cap 21.05%
Second Best
Warehouse
$1.30M
$1.14M – $1.52M
NOI $91,340 @ 7.0% cap · market cap 8.30%
Theoretical Best
Office A
$4.07M
$3.56M – $4.75M
NOI $285,066 @ 7.0% cap · market cap 25.92%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
15 ft
Clear height
2
Dock-high doors
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
745
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 63104, MO
19,317
Population
10,958
Households
1.8
Avg Household Size
34
Median Age
54%
College-Educated
94%
High-School Grad
3.4 sq mi
ZIP Area
5,681
Density / Sq Mi
$70,127
Median Household Income
$53,693
Median Earnings
$1,054
Median Rent
$249,500
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Patty Long Catering — 112 Sidney St, St. Louis, MO 63104
- Beyond Broadway — 112 Sidney St, St. Louis, MO 63104
- Two Times Catering — 1530 S 7th St, St. Louis, MO 63104
Frequently Asked Questions
What type of property is this?
Flex space - Combined office and warehouse areas provide a flexible commercial layout with dock and drive-in loading.
Where is this flex space located?
The property is located at 620 Shenandoah Avenue Saint Louis, MO.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 18,975 SF flex building on 1.07 acres; 2,610 SF of office space; 15.5' clear ceiling height
