4687 Us-50, Leslie, MO 63056
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.