Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2855 Magnolia Ave St St. Louis, MO 63118

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Turnkey Auto Body Shop - Excellent Location

    Lot size:
    3,292 SF

    Property Features for 2855 Magnolia Ave St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,292 SF
    Total Rate
    5486.67

    Building Details

    Year Built
    1930
    Buildings
    1
    Stories
    1

    Spaces For Lease

    at 2855 Magnolia Ave St, St. Louis, MO 63118 Contact us
    Unit

    $20 /Mo

    Size
    3,292 SF
    Contact us

    We can help!

    Listing Contact
    Eddie Cherry
    Eddie Cherry

    Listing Agency: Manor Real Estate Listing Agent: Eddie Cherry

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional turnkey auto body shop in St. Louis, Missouri, presents a rare investment opportunity. Located at 2855 Magnolia Ave, this single-story, 3,292 square foot facility sits on a 0.26-acre lot (APN 2077-00-0450-0) and is zoned for commercial use. Built in 1930, the property underwent extensive renovations in 2015, including a complete air conditioning system upgrade. The roof was replaced in 2023, ensuring long-term structural integrity. The shop boasts seven drive-in doors, providing ample access for vehicles. A comfortable customer waiting area enhances the customer experience. The sale includes major fixtures, fittings, and equipment (FFE), such as a paint booth, vehicle lifts, an air compressor, and other essential tools. This prime South City location offers excellent visibility and accessibility, making it ideal for a thriving automotive business. The property is currently vacant, presenting immediate occupancy potential for the new owner. This is a unique opportunity to acquire a fully equipped and well-maintained auto body shop in a desirable area. The property's strong features and turnkey nature make it an attractive investment for experienced automotive operators seeking a ready-to-run business.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    St. Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.229756636345
    Latitude
    38.604888551065

    Nearby Similar for Lease

    • $7 SF/Yr
      5,921 SF

      St. Louis Office Space Available

      Flexible workspace solutions in St. Louis.
      0 Woodson Ter Industrial Ct St, St. Louis, MO 63134
      View Details
    • $15 SF/Yr
      424,879 SF

      Stadium One West Office Space

      Downtown St. Louis: 52,320 SF Available
      1831 Chestnut St St, St. Louis, MO 63103
      View Details
    • Contact for pricing
      1,000 SF

      St. Louis County Warehouse For Lease

      1,000 SF Warehouse - Single Tenant
      4350 Semple Ave St, St. Louis, MO 63120
      View Details
    • Contact for pricing
      26,100 SF

      Jefferson Ave Office & Warehouse

      St. Louis industrial space for lease.
      2727 Jefferson Ave St, St. Louis, MO 63118
      View Details
    • Contact for pricing
      2,833 SF

      Prime St. Louis Retail Space

      Midtown Alley Retail Opportunity: 3 Spaces Available
      3040 Washington Ave St, St. Louis, MO 63103
      View Details
    • $10 SF/Yr
      6,551 SF

      Benton Park Office Space

      Versatile 6,551 sq ft office, multiple uses.
      2865 Mcnair Ave St, St. Louis, MO 63118
      View Details
    • $16 SF/Yr
      30,000 SF

      St. Louis Office/Warehouse Space

      Prime St. Louis County industrial property.
      10645 Baur Blvd St, St. Louis, MO 63132
      View Details
    • $12 SF/Yr
      30,000 SF

      St. Louis Executive Office/Warehouse

      Modern 30,000 SF facility, prime location.
      4409 New Baumgartner Rd St, St. Louis, MO 63129
      View Details
    • Contact for pricing
      10,513 SF

      Kingshighway Blvd Retail Space

      St. Louis retail building, 10,513 sq ft.
      3144 Kingshighway Blvd St, St. Louis, MO 63139
      View Details
    • Contact for pricing
      6,845 SF

      Butler Hill Square: St. Louis Investment

      Versatile Medical/Warehouse Space Available
      0 Butler Hl Rd & Lemay Fry Rd St, St. Louis, MO 63129
      View Details
    • $7 SF/Yr
      4,685 SF

      Plaza West Service Center: St. Louis

      Prime Flex/Industrial Space Available
      1849 Craig Rd St, St. Louis, MO 63146
      View Details
    • $29 SF/Yr
      125,000 SF

      Prime St. Louis Retail Space

      125,000 SF Retail Building, St. Louis, MO
      533 Maryville University Dr St, St. Louis, MO 63141
      View Details

    FAQs

    What type of property is this?
    Retail property - Turnkey Auto Body Shop - Excellent Location
    Where is this retail property located?
    The property is located at 2855 Magnolia Ave St St. Louis, MO.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Turnkey auto body shop in St. Louis, MO.; Includes all fixtures, fittings, and equipment (FFE).; Features seven drive-in doors and a paint booth.
    (314) 647-6611 Call to check price and availability
    Request Owner's contact information
    2855 Magnolia Ave St St. Louis, MO 63118
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2855 Magnolia Ave St
    St. Louis, MO 63118
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2855 Magnolia Ave St St. Louis, MO 63118
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Eddie Cherry
    Eddie Cherry
    Real Estate License ID: 475204135
    (314) 647-6611 (314) 322-2510
    Learn more
    Google sign-in failed. Please try again or use another login method.