Retail Building with Warehouse
811 E Cherry St Troy, MO 63379
811 E Cherry St, Troy, MO, 63379
$950,000
For Sale
$950,000
Vacant building offering a retail component plus warehouse and garage space on a corner lot near State Hwy 47 and 61.
Property Size7,500 SF
Lot Size1.40 Acres
Price / SF$126.67
Days on Market439
Property Features for 811 E Cherry St
General Information
- Standard status
- Active
- Size
- 7,500 SF
- Lot size
- 1.40 Acres
Listing agency
Thomas Realty Group LLC
(314) 298-1234
Listed by
Tom Palitzsch · License #471009200
(314) 298-1234
Source
Exprealty
Added: May 9, 2025 Updated: Jul 20 at 9:05PM Checked: Jul 20 at 9:05PM
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 Thomas Realty Group LLC
Investment Insights
Based on property information with market context.
This vacant retail building includes 7,500 SF of retail space along with a 3,600 SF warehouse and a 600 SF garage, providing a mixed-use configuration for a single owner/user or adaptable operations. The property sits on a 1.4-acre corner lot.
Located in Troy, MO, the site is described as being close to State Hwy 47 and 61, supporting convenient regional access for customers, employees, and deliveries.
With retail square footage paired with dedicated warehouse and garage space, the layout is designed to accommodate business needs that benefit from both front-of-house presence and back-of-house storage or workflow space.
Located in Troy, MO, the site is described as being close to State Hwy 47 and 61, supporting convenient regional access for customers, employees, and deliveries.
With retail square footage paired with dedicated warehouse and garage space, the layout is designed to accommodate business needs that benefit from both front-of-house presence and back-of-house storage or workflow space.
Key Highlights
- Vacant 7,500 SF retail building with warehouse and garage space
- Includes 3,600 SF warehouse and 600 SF garage
- Retail component plus warehouse and garage on a 1.4‑acre lot
Local Financial Insights For Retail
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 | $105.3k | $14.04 |
| − Vacancy | −$4.2k | −$0.56 |
| EGI | $101.1k | $13.48 |
| − OpEx | −$30.3k | −$4.04 |
| NOI | $70.8k | $9.43 |
7,500 SF · lease $14.04/SF/yr · vacancy 4.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.01M
$884.5K – $1.18M
NOI $70,762 @ 7.0% cap · market cap 7.45%
Second Best
Flex RnD
$992.4K
$868.4K – $1.16M
NOI $69,469 @ 7.0% cap · market cap 7.31%
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,835 @ 7.0% cap · market cap 13.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Helen & Barb's All Occasion — 901 sommerset dr, troy, mo 63379
FAQs
What type of property is this?
Flex space - Vacant building offering a retail component plus warehouse and garage space on a corner lot near State Hwy 47 and 61.
Where is this flex space located?
The property is located at 811 E Cherry St Troy, MO.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Vacant 7,500 SF retail building with warehouse and garage space; Includes 3,600 SF warehouse and 600 SF garage; Retail component plus warehouse and garage on a 1.4‑acre lot
