Kingshighway Car Dealership
3500 S Kingshighway Blvd St. Saint Louis, MO 63139
For Sale
Contact for pricing
Car dealership with auto repair in Tower Grove South.
Property Size10,041 SF
Lot Size0.78 Acres
Price / SF$134.45
Days on Market685
Property Features for 3500 S Kingshighway Blvd St.
General Information
- Standard status
- Active
- Size
- 10,041 SF
- Lot size
- 0.78 Acres
- Property subtype
- Land
Listing Agency:
Manor Real Estate
Listed By:
Ben Cherry, CCIM · License #MO 2006018085
Source:
Crexi
Added: Sep 8, 2024
Changed: Jul 6
Last Checked: Jul 23 at 9:26AM
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 Manor Real Estate
Investment Insights
Based on property information with market context.
This property features a 0.78-acre parcel improved with two buildings. One building measures 1,723 square feet, while the other is a 10,041-square-foot showroom and auto repair building. Currently used as a car dealership with auto repair services, the property is zoned "G" (local commercial and office district). The location at a signalized intersection, combined with three curb cuts on the north, west, and south sides, presents a development opportunity. The property benefits from a traffic volume of 30,000 vehicles per day on Kingshighway. Situated in South St. Louis within the Tower Grove South neighborhood, the property is located at the intersection of Kingshighway and Oleatha.
Key Highlights
- Signalized intersection location with high visibility.
- High traffic volume: 30,000 Vehicles Per Day (V.P.D.) on Kingshighway.
- Zoned "G" (local commercial and office district) offering development opportunities.
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.5k | $5.93 |
| − Vacancy | −$2.7k | −$0.27 |
| EGI | $56.9k | $5.66 |
| − OpEx | −$17.1k | −$1.70 |
| NOI | $39.8k | $3.96 |
10,041 SF · lease $5.93/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.93M
$1.69M – $2.25M
NOI $135,074 @ 7.0% cap · market cap 10.01%
Second Best
Industrial
$568.6K
$497.6K – $663.4K
NOI $39,805 @ 7.0% cap · market cap 2.95%
Theoretical Best
Office A
$2.15M
$1.89M – $2.51M
NOI $150,848 @ 7.0% cap · market cap 11.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar Off Market Nearby
- White Front Services — 3401 Watson Rd, St. Louis, MO 63139
- Haas Auto Repair — 3316 watson rd, st. louis, mo 63139
- Jackson's Master Auto Repair — 6501 Fyler Ave, St. Louis, MO 63139
- Hartmann's Auto Center Inc. / Towing — 3301 sublette ave, st. louis, mo 63139
- Hartmann's Auto Center & Wrecker — 3301 Sublette Ave, St. Louis, MO 63139
FAQs
What type of property is this?
Auto shop - Car dealership with auto repair in Tower Grove South.
Where is this auto shop located?
The property is located at 3500 S Kingshighway Blvd St. Saint Louis, MO.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Signalized intersection location with high visibility.; High traffic volume: 30,000 Vehicles Per Day (V.P.D.) on Kingshighway.; Zoned "G" (local commercial and office district) offering development opportunities.
