Flex Space with
For Sale
$495,000
8915 S Broadway, Saint Louis, MO 63125
Commercial Sale, Unincorporated, MO
Property Size5,200 SF
Lot Size1.20 Acres
Price / SF$95.19
Days on Market93
Property Features for 8915 S Broadway
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
A Kaysers Estate Partition
Standard status
Active
APN
27G-53-0844
Lot size
1.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6431
Building Details
Year built
1960
Floors in Building
2
Building materials
Metal Siding
Listing Agency:
LuxREco
Listed By:
Gregory Hayden
(314) 892-5200
Added: Jul 22
Changed: Oct 18
Last Checked: Oct 22 at 3:06PM
MLS# 26046332
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 5,200-square-foot flex property combines office and warehouse space with one apartment on each of its first and second floors. Both apartments are vacant, and additional warehouse storage is located on the second floor. The improvements date to 1960 and feature metal siding.
The sale includes multiple associated parcels: a fenced vacant storage yard at 9005 S. Broadway, a residential rental house and vacant lot at 9007 S. and 9009 S. Broadway, plus storage lots at 103 Kayser and 111 Kayser. The 111 Kayser parcel also includes a small garage. Together, the parcels total 1.2 acres. The property is zoned Residential, with the existing industrial use recognized as a grandfathered non-conforming use.
The sale includes multiple associated parcels: a fenced vacant storage yard at 9005 S. Broadway, a residential rental house and vacant lot at 9007 S. and 9009 S. Broadway, plus storage lots at 103 Kayser and 111 Kayser. The 111 Kayser parcel also includes a small garage. Together, the parcels total 1.2 acres. The property is zoned Residential, with the existing industrial use recognized as a grandfathered non-conforming use.
Key Highlights
- 5,200 sq ft office warehouse with apartments on the first and second floors
- Two vacant apartments within the office warehouse
- Additional storage warehouse area on the second floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,031
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$500,620
$500.6K
Cap Rate 7%
$357,586
$357.6K
Cap Rate 9%
$278,122
$278.1K
Market Conditions
NOI Build-Up for 5,200 SF
Gross rent
$30.8K $5.93/SF
− Vacancy
−$1.4K −$0.27/SF
EGI
$29.4K $5.66/SF
− OpEx
−$4.4K −$0.85/SF
NOI
$25.0K $4.81/SF
Area
St. Louis County, MO
Vacancy
4.50%
Lease Rate
$5.93 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$500,620
Cap Rate 7%
$357,586
Cap Rate 9%
$278,122
Alternative Uses
Best Use
Apartment 5plus
$691.3K
$604.9K – $806.5K
NOI $48,391 @ 7.0% cap · market cap 9.78%
Second Best
Warehouse
$357.6K
$312.9K – $417.2K
NOI $25,031 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$1.12M
$976.5K – $1.30M
NOI $78,121 @ 7.0% cap · market cap 15.78%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
373
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 63125, MO
32,816
Population
14,741
Households
2.2
Avg Household Size
42
Median Age
22%
College-Educated
89%
High-School Grad
9.9 sq mi
ZIP Area
3,315
Density / Sq Mi
$59,683
Median Household Income
$40,409
Median Earnings
$920
Median Rent
$166,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Sugarwitch — 7726 Virginia Ave, St. Louis, MO 63111
Frequently Asked Questions
What type of property is this?
Flex space - Office warehouse with two vacant apartments, supplemental storage, and multiple associated lots across a 1.2-acre assemblage.
Where is this flex space located?
The property is located at 8915 S Broadway Saint Louis, MO.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 5,200 sq ft office warehouse with apartments on the first and second floors; Two vacant apartments within the office warehouse; Additional storage warehouse area on the second floor
