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    1401 Florissant Rd St St. Louis, MO 63121

    Sponsored
    For Sale
    $700,000

    8,750 SF Auto Shop/Flex Space

    Property size:
    8,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8,750-square-foot commercial property, located at 1401 S Florissant Rd, St. Louis, MO 63121, presents a unique investment opportunity. Built in 1964 and extensively renovated in 2021, this Class A building boasts a single story and 15 loading docks, making it ideal for a variety of uses. Currently configured as an auto body and repair shop, the open floor plan offers significant flexibility for conversion into office space or other commercial ventures. The property is offered for sale at $700,000, representing a price per square foot of $80. A current tenant occupies the space under a NNN lease with 1.7 years remaining on a 5-year term (commencing August 1, 2021, and expiring July 31, 2026), ensuring a stable income stream. The property's strong performance is reflected in its 100% occupancy rate and a pro-forma NOI of $54,000, yielding a 7.71% pro-forma cap rate. This prime St. Louis County location offers significant potential for future growth and return on investment. The property is zoned for various uses, making it an attractive option for owner-users or investors seeking a versatile and high-performing asset. Serious inquiries only. Please do not disturb the tenant.

    Property Features for 1401 Florissant Rd St

    General Information

    Property type
    Lifestyle centers
    Square Feet
    8,750 SF
    Class
    A

    Building Details

    Year Built/Renovated
    1964/2021
    Buildings
    1
    Stories
    1

    HighLights

    • Investment opportunity.
    • 20‑bay auto repair facility.
    • Former Maaco location.
    • High potential for diverse uses.
    • Currently configured for auto body, paint, and repair; suitable for car sales.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    St. Louis
    County
    St Louis
    State
    Missouri
    Longitude
    -90.3038459
    Latitude
    38.726479

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    FAQs

    What type of property is this?
    Lifestyle center - 8,750 SF Auto Shop/Flex Space
    Where is this lifestyle center located?
    The property is located at 1401 Florissant Rd St St. Louis, MO.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: Investment opportunity.; 20-bay auto repair facility.; Former Maaco location.
    Request Owner's contact information
    1401 Florissant Rd St St. Louis, MO 63121
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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
    1401 Florissant Rd St St. Louis, MO 63121
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