Industrial Land in Commerce
For Sale
Contact for pricing
711 Morin Ave, Saint Louis, MO
Land near major transportation, eligible for tax abatement and credits.
Property SizeContact for details
Lot Size5.70 Acres
Days on Market989
Property Features for 711 Morin Ave
General Information
Standard status
Active
Lot size
5.70 Acres
Property subtype
LAND
Listing Agency:
CBRE
(314) 655-6000
Listed By:
Jonathan Hinds
(314) 655-6026
Source:
Moodyscre
Added: Feb 13, 2024
Changed: Oct 26
Last Checked: Oct 28 at 8:14AM
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 CBRE
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Investment Insights
Based on property information with market context.
Located within the North Riverfront Commerce Corridor, this industrial land benefits from proximity to the region's four interstate highways, rail, and barge shipping. The area houses numerous manufacturers, logistics companies, and warehouses. The site offers convenient access to the North I-270 Corridor, a prominent area in the St. Louis regional industrial market. Over the past five years, the region between Missouri and Illinois has seen the addition of over 18 million square feet of new industrial space, attracting various major national tenants. The area is also home to the BNSF Railway North St. Louis Yard, Norfolk Southern Luther Yard (inter-modal yard), Terminal Railroad Association Bremen Yard, and the Municipal River Terminal. Manufacturers and logistics companies in the corridor are integrated into a global supply chain, requiring access to markets on both sides of the Mississippi River, across the United States, and internationally. Several existing and new shippers are expanding, leading to an increase in the quantity and diversity of goods shipped throughout the region. Major industrial real estate in the area includes North Riverfront Business Park, Hall Street corridor, and North Broadway Distribution area. The property is eligible for a 15-year real estate tax abatement, located in an Opportunity Zone, and eligible for Federal New Market Tax Credits and Community Improvement. Possible uses for the property include manufacturing, distribution, vehicle service, outdoor storage, cold storage, and food production.
Key Highlights
- 15 year real estate tax abatement
- Located in an opportunity zone
- Eligible for federal new market tax credits
Property Analytics
Location Intelligence
Trade Area within ½ mile
5,302
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Industrial land - Land near major transportation, eligible for tax abatement and credits.
Where is this industrial land located?
The property is located at 711 Morin Ave Saint Louis, MO.
What are key features of this property?
This property features: 15 year real estate tax abatement; Located in an opportunity zone; Eligible for federal new market tax credits
