Forest Park Retail Space
For Sale
Contact for pricing
4100 Forest Park Ave, Saint Louis, MO 63108
Retail space available, 4,250 SF.
Property Size4,250 SF
Price / SF$410.59
Days on Market1541
Property Features for 4100 Forest Park Ave
General Information
Standard status
Active
Size
4,250 SF
Property subtype
Retail, Office
Building Details
Year Renovated
2008
Stories
5
Tenancy
Multi
Listing Agency:
NAI DESCO
Listed By:
Michelle Goodwin · License #IL
(314) 994-4944
Source:
Crexi
Added: Aug 4, 2022
Changed: Oct 9
Last Checked: Oct 20 at 8:06PM
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 NAI DESCO
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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.
The property at 4100 Forest Park Ave offers 4,250 square feet of retail space.
Key Highlights
- Retail Property
- 4,250 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,172
Cap Rate
3.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,143,440
$1.1M
Cap Rate 7%
$816,743
$816.7K
Cap Rate 9%
$635,244
$635.2K
Market Conditions
NOI Build-Up for 4,250 SF
Gross rent
$94.9K $22.32/SF
− Vacancy
−$13.2K −$3.10/SF
EGI
$81.7K $19.22/SF
− OpEx
−$24.5K −$5.77/SF
NOI
$57.2K $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%
$1,143,440
Cap Rate 7%
$816,743
Cap Rate 9%
$635,244
Alternative Uses
Best Use
Retail
$816.7K
$714.7K – $952.9K
NOI $57,172 @ 7.0% cap · market cap 3.28%
Second Best
Office B
$740.9K
$648.3K – $864.4K
NOI $51,865 @ 7.0% cap · market cap 2.97%
Theoretical Best
Office A
$912.1K
$798.1K – $1.06M
NOI $63,849 @ 7.0% cap · market cap 3.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,303
Businesses Nearby
Explore this area
Business Placement
Demographics for 63108, MO
23,603
Population
13,208
Households
1.8
Avg Household Size
30
Median Age
64%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
10,729
Density / Sq Mi
$56,933
Median Household Income
$47,284
Median Earnings
$1,140
Median Rent
$337,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Retail space available, 4,250 SF.
Where is this retail space located?
The property is located at 4100 Forest Park Ave Saint Louis, MO.
What is the asking price?
The asking price for this property is $1,745,000.
What are key features of this property?
This property features: Retail Property; 4,250 SF
