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    1032 Lemay Fry Rd St St. Louis, MO 63125

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    For Sale
    Contact for pricing

    Grocery-anchored retail center in St. Louis, MO.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1-acre retail and industrial property, known as the Lemay Ferry Shopping Center, presents a compelling investment opportunity in St. Louis, Missouri. Located at 1032 Lemay Ferry Road, zip code 63125, this grocery-anchored center benefits from a strong anchor tenant: Schnucks, which recently completed a 10-year lease extension, along with renovations and an expansion. The property's strategic location offers excellent population density, ensuring a robust customer base. The center comprises both inline spaces currently available for lease, providing immediate income potential for investors. Furthermore, an outlot is available for lease or sale, presenting additional development or investment possibilities. The property's diverse offerings, including grocery, shopping center, and R&D subtypes, cater to a wide range of tenants and market demands. This well-positioned center offers a blend of stability and growth potential, making it an attractive asset for discerning investors seeking a strong return on investment in a thriving St. Louis market. The property is situated in an independent city county within St. Louis, Missouri.

    Property Features for 1032 Lemay Fry Rd St

    General Information

    Property type
    Lifestyle centers
    Lot Size
    43,560 SF

    HighLights

    • Grocery‑anchored by Schnucks with a recent 10‑year lease extension, renovations, and expansion.
    • Excellent population density in a prime St. Louis location.
    • Available inline retail space for lease, generating immediate income.
    • Outlot available for lease or sale, offering development potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    St. Louis
    County
    independent city
    State
    Missouri
    Longitude
    -90.2838325
    Latitude
    38.5338694

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    FAQs

    What type of property is this?
    Lifestyle center - Grocery-anchored retail center in St. Louis, MO.
    Where is this lifestyle center located?
    The property is located at 1032 Lemay Fry Rd St St. Louis, MO.
    What are key features of this property?
    This property features: Grocery-anchored by Schnucks with a recent 10-year lease extension, renovations, and expansion.; Excellent population density in a prime St. Louis location.; Available inline retail space for lease, generating immediate income.
    Request Owner's contact information
    1032 Lemay Fry Rd St St. Louis, MO 63125
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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
    1032 Lemay Fry Rd St St. Louis, MO 63125
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