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    Industrial Land in Commerce Corridor Title is generated by Realmo AI

    711 Morin Ave St., Louis, MO

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    Land near major transportation, eligible for tax abatement and credits.

    Type:LAND
    Lot size:
    5.70 Acres
    Added:
    Feb 13, 2024
    Days on Market:
    848
    Last Refresh:
    Apr 5 at 11:22 pm

    Property Features for 711 Morin Ave St.

    General Information

    Standard status
    Active
    Lot size
    5.70 Acres
    Property subtype
    LAND

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    Listing Contact
    Jonathan Hinds

    Listing agent Jonathan Hinds

    Listing office CBRE

    Listing date Feb 13, 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 CBRE

    HighLights

    • 15 year real estate tax abatement
    • Located in an opportunity zone
    • Eligible for federal new market tax credits
    • Easy access to North I‑270 Corridor
    • Proximity to multiple transportation options
    • Suitable for a variety of uses

    Overview

    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.
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Map

    City
    Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.1928
    Latitude
    38.6305

    FAQs

    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 St. 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
    (314) 655-6000 Call to check price and availability
    More about this property
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