Freestanding Retail Building with
8570 Watson Road, Webster Groves, MO 63119
For Sale
$750,000
The 0.30-acre corner site offers prominent road exposure and on-site surface parking.
Property Size1,679 SF
Lot Size0.30 Acres
Price / SF$446.69
Days on Market180
Property Features for 8570 Watson Road
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Site & Location
Corner Location
Traffic Count
Highway Access
Additional Details
Asking Price
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Parking Ratio
Listing Agency:
Manor Real Estate
Listed By:
Caleb Anthonis · License #475207195
(314) 647-6611
Source:
Finehomesbydawn
Added: May 12
Changed: Nov 7
Last Checked: Nov 6 at 2:39PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding retail building contains 1,679 square feet on a 0.30-acre parcel and was constructed in 1980. The property includes 10 surface parking spaces and is zoned R4. Its corner position provides 136 feet of frontage on Watson Road and 99 feet on S. Elm Avenue.
The site is at the signalized intersection of Watson Road and S. Elm Avenue/S. Rock Hill Road, where combined traffic counts exceed 33,000 vehicles per day. Retailers in the immediate area include Walgreens, Steak 'n Shake, Circle K, Domino's and Boccardi's; Walmart, ALDI, Dierbergs, Petco, Guitar Center and Schnucks are also identified as area anchors. Grant's Farm, with 450,000 annual visitors, is minutes away.
Bus service is available, and the Shrewsbury-Lansdowne MetroLink station is an 8-minute trip. The property also has access to I-44.
The site is at the signalized intersection of Watson Road and S. Elm Avenue/S. Rock Hill Road, where combined traffic counts exceed 33,000 vehicles per day. Retailers in the immediate area include Walgreens, Steak 'n Shake, Circle K, Domino's and Boccardi's; Walmart, ALDI, Dierbergs, Petco, Guitar Center and Schnucks are also identified as area anchors. Grant's Farm, with 450,000 annual visitors, is minutes away.
Bus service is available, and the Shrewsbury-Lansdowne MetroLink station is an 8-minute trip. The property also has access to I-44.
Key Highlights
- 1,679‑square‑foot freestanding building on 0.30 acres
- 10 surface parking spaces
- 136 feet of Watson Road frontage and 99 feet on S. Elm Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,586
Cap Rate
3.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$451,720
$451.7K
Cap Rate 7%
$322,657
$322.7K
Cap Rate 9%
$250,956
$251.0K
Market Conditions
NOI Build-Up for 1,679 SF
Gross rent
$37.5K $22.32/SF
− Vacancy
−$5.2K −$3.10/SF
EGI
$32.3K $19.22/SF
− OpEx
−$9.7K −$5.77/SF
NOI
$22.6K $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%
$451,720
Cap Rate 7%
$322,657
Cap Rate 9%
$250,956
Alternative Uses
Best Use
Retail
$322.7K
$282.3K – $376.4K
NOI $22,586 @ 7.0% cap · market cap 3.01%
Second Best
Specialty Retail
$103.1K
$90.2K – $120.3K
NOI $7,216 @ 7.0% cap · market cap 0.96%
Theoretical Best
Office A
$360.3K
$315.3K – $420.4K
NOI $25,224 @ 7.0% cap · market cap 3.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
33,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
919
Businesses Nearby
Explore this area
Business Placement
Demographics for 63119, MO
34,793
Population
15,627
Households
2.2
Avg Household Size
41
Median Age
64%
College-Educated
98%
High-School Grad
8.4 sq mi
ZIP Area
4,142
Density / Sq Mi
$103,287
Median Household Income
$65,266
Median Earnings
$1,275
Median Rent
$330,800
Median Home Value
Market
Average Price Trend$/SF for Retail space in St. Louis County, MO
Properties on Market for Retail space in St. Louis County
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - The 0.30-acre corner site offers prominent road exposure and on-site surface parking.
Where is this retail space located?
The property is located at 8570 Watson Road Webster Groves, MO.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1,679‑square‑foot freestanding building on 0.30 acres; 10 surface parking spaces; 136 feet of Watson Road frontage and 99 feet on S. Elm Avenue
