St. Louis Warehouse and
For Sale
Contact for pricing
4515-29 N Second Street & 202-210 Douglas, Saint Louis, MO 63147
Warehouse and distribution space available in St. Louis, Missouri.
Property Size22,604 SF
Price / SF$44.02
Days on Market741
Property Features for 4515-29 N Second Street & 202-210 Douglas
General Information
Standard status
Active
Size
22,604 SF
Class
B
Property subtype
Industrial
Lease Type
Modified Gross
Building Details
Tenancy
Single
Listing Agency:
Hilliker Corporation
Listed By:
A. William Aschinger · License #MO 1999057422
(314) 781-0001
Source:
Crexi
Added: Oct 5, 2024
Changed: Oct 3
Last Checked: Oct 14 at 10:23PM
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 Hilliker Corporation
Investment Insights
Based on property information with market context.
This commercial property in St. Louis, Missouri, offers warehouse and distribution space. The property, with a size of 22604 square feet, is suitable for businesses seeking such facilities.
Key Highlights
- Warehouse/Distribution Space
- Exceptional Value
- Suitable for Business Use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,607
Cap Rate
9.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,792,140
$1.8M
Cap Rate 7%
$1,280,100
$1.3M
Cap Rate 9%
$995,633
$995.6K
Market Conditions
NOI Build-Up for 22,604 SF
Gross rent
$134.0K $5.93/SF
− Vacancy
−$6.0K −$0.27/SF
EGI
$128.0K $5.66/SF
− OpEx
−$38.4K −$1.70/SF
NOI
$89.6K $3.96/SF
Area
St. Louis County, MO
Vacancy
4.50%
Lease Rate
$5.93 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,792,140
Cap Rate 7%
$1,280,100
Cap Rate 9%
$995,633
Alternative Uses
Best Use
Office B
$3.94M
$3.45M – $4.60M
NOI $275,847 @ 7.0% cap · market cap 27.72%
Second Best
Warehouse
$1.55M
$1.36M – $1.81M
NOI $108,808 @ 7.0% cap · market cap 10.94%
Theoretical Best
Office A
$4.85M
$4.24M – $5.66M
NOI $339,585 @ 7.0% cap · market cap 34.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
257
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 63147, MO
8,499
Population
4,542
Households
1.9
Avg Household Size
44
Median Age
12%
College-Educated
86%
High-School Grad
5.9 sq mi
ZIP Area
1,441
Density / Sq Mi
$39,119
Median Household Income
$27,956
Median Earnings
$926
Median Rent
$70,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Mobil Mini — 3966 N Broadway, St. Louis, MO 63147
- Adm Grain — 105 E Prairie Ave, St. Louis, MO 63147
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse and distribution space available in St. Louis, Missouri.
Where is this warehouse located?
The property is located at 4515-29 N Second Street & 202-210 Douglas Saint Louis, MO.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Warehouse/Distribution Space; Exceptional Value; Suitable for Business Use
