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First-Floor Retail Condo Suite
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8260 Forsyth Blvd, Saint Louis, MO 63105

Exclusive first-floor retail suite in a high-end condo development with guest valet parking and 24-hour security.

Property Size1,210 SF
Price / SF$268.60
Days on Market332

Property Features for 8260 Forsyth Blvd

General Information

Standard status Active
Size 1,210 SF
Property subtype RETAIL

Amenities

Guest Valet Parking
24-Hour Security
Listing Agency: Gershman Commercial Real Estate
Listed By: James M Loft
Source: Moodyscre
Added: Dec 4, 2025 Changed: Oct 25 Last Checked: Nov 1 at 8:25AM

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 Gershman Commercial Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This exclusive first-floor commercial suite is located within a high-end condo development and offers an owner-user or lease opportunity. The building includes guest valet parking and 24-hour security, supporting a controlled, serviced environment for day-to-day operations.

The property is situated near numerous restaurants, shops, and corporations, and features building signage visible from Forsyth Blvd. The suite is positioned for commercial visibility from the main roadway.

The offering is for a 1st floor retail space within the condo development, supported by on-site security and guest valet parking.

Key Highlights

  • Exclusive first‑floor commercial suite within a high‑end condo development
  • Guest valet parking available
  • 24‑hour security

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,277
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,540 $325.5K
Cap Rate 7%
$232,529 $232.5K
Cap Rate 9%
$180,856 $180.9K
Market Conditions
NOI Build-Up for 1,210 SF
Gross rent
$27.0K $22.32/SF
− Vacancy
−$3.8K −$3.10/SF
EGI
$23.3K $19.22/SF
− OpEx
−$7.0K −$5.77/SF
NOI
$16.3K $13.45/SF
Area
St. Louis County, MO
Vacancy
13.90%
Lease Rate
$22.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,540
Cap Rate 7%
$232,529
Cap Rate 9%
$180,856

Alternative Uses

Best Use
Retail
$232.5K
$203.5K – $271.3K (±1% cap)
NOI $16,277 @ 7.0% cap · market cap 5.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$259.7K
$227.2K – $303.0K (±1% cap)
NOI $18,178 @ 7.0% cap · market cap 5.59%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Grocery & Convenience Store Daycare Center Bakery Locksmith (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,250
Businesses Nearby
97k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 51% Shops & Services 38% Hotels & Casinos 6% Beauty & Spa 5%
The Original Pancake House Dining
12,875 visits/mo 0.4 miles
MOD Pizza Dining
10,266 visits/mo 0.5 miles
Starbucks Dining
10,069 visits/mo 0.3 miles
Sushi Ai Dining
7,492 visits/mo 0.3 miles
U.S. Bank Shops & Services
7,097 visits/mo 0.3 miles

Demographics for 63105, MO

18,846
Population
7,231
Households
2.6
Avg Household Size
31
Median Age
85%
College-Educated
97%
High-School Grad
2.5 sq mi
ZIP Area
7,538
Density / Sq Mi
$119,446
Median Household Income
$49,228
Median Earnings
$1,520
Median Rent
$735,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Exclusive first-floor retail suite in a high-end condo development with guest valet parking and 24-hour security.
Where is this retail space located?
The property is located at 8260 Forsyth Blvd Saint Louis, MO.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Exclusive first‑floor commercial suite within a high‑end condo development; Guest valet parking available; 24‑hour security
(314) 322-3453 Call to check price and availability
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