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    511 Withers Ave St St. Louis, MO 63147

    For Sale
    $2,000,000

    53,632 SF Warehouse, $2M Asking

    Property size:
    53,632 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 53,632-square-foot industrial property in St. Louis, Missouri, presents a significant investment opportunity. Situated on a 2.72-acre fenced lot with an electronic gate, this single-story building boasts a versatile layout ideal for distribution or manufacturing. The property features two dock-high doors, ample parking (100 spaces), and high ceilings ranging from 16' to 24', offering significant storage capacity. The building includes a 1,000-square-foot office space and is equipped with heavy power (4,000 amps/480V), LED and T-5 lighting on motion sensors, and 34 AAON HVAC units (available separately). The property is zoned K-Unrestricted and is currently vacant, offering immediate occupancy. The location in St. Louis County (zip code 63147) provides excellent access to major transportation routes. The property was fully designed and permitted for cannabis cultivation, though this is not a requirement for future use. Annual property taxes are $0.50 per square foot. The asking price is $2,000,000. While a lease rate of $4.50 per square foot NNN is available, the property is offered for sale. This property offers a unique blend of features and potential for a variety of industrial uses.

    Property Features for 511 Withers Ave St

    General Information

    Property type
    Manufacturing properties
    Square Feet
    53,632 SF
    Lot Size
    118,483 SF

    Building Details

    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    St. Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.2074976
    Latitude
    38.6803308

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    FAQs

    What type of property is this?
    Manufacturing property - 53,632 SF Warehouse, $2M Asking
    Where is this manufacturing property located?
    The property is located at 511 Withers Ave St St. Louis, MO.
    What is the asking price?
    The asking price for this property is $2,000,000.
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    511 Withers Ave St St. Louis, MO 63147
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    511 Withers Ave St St. Louis, MO 63147
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