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    OFF-MARKET
    Warehouses

    4687 Us-50, Leslie, MO 63056

    7,500 SF 4.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a prime 4.5-acre industrial land parcel in Leslie, Missouri, strategically located at 4687 US-50, adjacent to a new Dollar General store. The property, currently part of the United Self Storage facility, offers a unique blend of existing and future development potential. Currently, 8,000 to 65,000 square feet of graveled surface is available for pre-leasing, ideal for contractor storage. This area features existing fencing, surveillance, electronic keypad access, and lighting. The property also offers the potential for surface parking leases at a rate of $1.30 per square foot per year. Future development includes the addition of enclosed RV, boat, and business vehicle/equipment storage units, scheduled to open in February 2024. The expansion will incorporate enhanced security features such as security fencing, 24-hour video surveillance, exterior LED lighting, and electronic keypad access with an automatic gate opener. The existing single-story building comprises 7,500 total square feet, divisible into units as small as 750 square feet, with a maximum contiguous space of 7,500 square feet. The property features a 16-foot ceiling height, 300 feet of frontage, ten total suites, 50+ parking spaces, and ten drive-in bays. The property is zoned B and has a Franklin County APN of 24-1-020-2-000-010300. This versatile property is perfect for businesses seeking secure storage solutions, offering a range of options from surface parking to enclosed units. The location in the St. Louis submarket of Franklin County, Missouri, provides excellent access and visibility.

    Property profile
    Verified
    Property type Warehouses
    Total area 7,500 SF
    Lot 4.5 ac (196,020 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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