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Industrial Warehouse in U City
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6609 Olive Blvd St, Saint Louis, MO

9,158 SF industrial warehouse with renovated office space.

Property Size9,158 SF
Lot Size0.24 Acres
Price / SF$54.49
Days on Market248

Property Features for 6609 Olive Blvd St

General Information

Standard status Active
Size 9,158 SF
Lot size 0.24 Acres
Property subtype INDUSTRIAL
Listing Agency: Manor Real Estate
Listed By: Benjamin R Cherry
Source: Moodyscre
Added: Nov 24, 2025 Changed: Jul 6 Last Checked: Jul 21 at 6:41AM

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 Manor Real Estate

Investment Insights

Based on property information with market context.

This 9,158 sq. ft. industrial warehouse is located in U City. It features a mix of office and warehouse space, offering regional connectivity. The property includes approximately 1,200 square feet (13%) of newly renovated office space and restrooms, along with 7,958 square feet (87%) of warehouse storage. Two front dock doors, one measuring 12’x10’ and the other 12’x12’, provide access. Existing racking may be included. The site is located approximately 3 miles from I-70 and 2 miles from I-64, providing accessibility across the St. Louis MSA. The space is available for lease.

Key Highlights

  • Excellent regional connectivity, approximately 3 miles from I‑70 and 2 miles from I‑64.
  • 9,158 sq. ft. industrial warehouse with a functional mix of office and warehouse space.
  • Approximately 1,200 square feet of newly renovated office space and restrooms.

Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $54.3k $5.93
− Vacancy −$2.4k −$0.27
EGI $51.9k $5.66
− OpEx −$7.8k −$0.85
NOI $44.1k $4.81
9,158 SF · lease $5.93/SF/yr · vacancy 4.50% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$629.8K
$551.1K – $734.7K (±1% cap)
NOI $44,084 @ 7.0% cap · market cap 8.83%
Second Best
Industrial
$518.6K
$453.8K – $605.1K (±1% cap)
NOI $36,304 @ 7.0% cap · market cap 7.28%
Theoretical Best
Office A
$1.97M
$1.72M – $2.29M (±1% cap)
NOI $137,583 @ 7.0% cap · market cap 27.57%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Warehouses

Location Intelligence

Trade Area within ½ mile

1,535
Businesses Nearby
Under-served
Demand for This Use

Market

Properties on Market for Warehouses in St. Louis County

Jan
Feb
Mar
Apr
May
Jun

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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • HITS (Downtown St Louis) — 911 Washington Ave Suite 415, St. Louis, MO 63101
  • CGB Organic Grain — 800 Market St Ste. 1500A, St. Louis, MO 63101
  • CitySpareSpace Luggage Storage — 1007 Washington Ave, St. Louis, MO 63101
  • Universal Storage — 2114 Carr St, St. Louis, MO 63106
  • Shiftler Logistics Shiftler Logistics — 700 Olive St, St. Louis, MO 63101

Frequently Asked Questions

What type of property is this?
Warehouse - 9,158 SF industrial warehouse with renovated office space.
Where is this warehouse located?
The property is located at 6609 Olive Blvd St 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: Excellent regional connectivity, approximately 3 miles from I‑70 and 2 miles from I‑64.; 9,158 sq. ft. industrial warehouse with a functional mix of office and warehouse space.; Approximately 1,200 square feet of newly renovated office space and restrooms.
(314) 518-5010 Call to check price and availability
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