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    2931 Jefferson Ave St St. Louis, MO 63107

    For Sale
    $495,000

    Prime St. Louis location, 34,000 SF, $495,000

    Property size:
    34,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 34,000 square foot property at 2931 N. Jefferson Ave in St. Louis, Missouri, presents a unique investment opportunity. Zoned for both executive office and warehouse use, this versatile building offers a blend of high-quality office space and substantial industrial capabilities. The building features approximately 2,000 square feet of "former" high-quality office finish, providing a solid foundation for immediate occupancy or renovation. The industrial component boasts two 14-foot drive-in doors and several internal recessed loading docks, ensuring efficient material handling. High ceilings, measuring over 20 feet, accommodate a variety of uses. The property sits on a sizable 34,000 square foot lot, fully rocked and fenced, providing ample outdoor space and security. Three-phase electric service is available. Located just three blocks from the NGA campus, this property benefits from excellent visibility and proximity to a major employer. While the property requires renovation, its substantial size, versatile zoning, and prime location make it an attractive proposition for investors seeking a high-return project in a thriving St. Louis neighborhood. The asking price is $495,000. The zip code is 63107.

    Property Features for 2931 Jefferson Ave St

    General Information

    Property type
    Distribution properties
    Square Feet
    34,000 SF

    HighLights

    • Three blocks to Nga Campus.
    • 34,000 square foot building.
    • 2,000 square feet of high‑quality former office space.
    • Two 14‑foot drive‑in doors.
    • Multiple interior loading docks.
    • 20+ foot ceiling heights.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    St. Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.2135676
    Latitude
    38.6552089

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    FAQs

    What type of property is this?
    Distribution property - Prime St. Louis location, 34,000 SF, $495,000
    Where is this distribution property located?
    The property is located at 2931 Jefferson Ave St St. 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: Three blocks to Nga Campus.; 34,000 square foot building.; 2,000 square feet of high-quality former office space.
    Request Owner's contact information
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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
    2931 Jefferson Ave St St. Louis, MO 63107
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