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Property profile & analytics
OFF-MARKET
Apartment buildings

6651 Chippewa St St St. Louis, MO 63109

0.95 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4-story, multifamily apartment building at 6651 Chippewa Street in St. Louis, Missouri, presents a compelling investment opportunity. Situated on a 0.95-acre lot in the desirable 63109 zip code, this property offers significant redevelopment potential. The building currently operates with all tenants on short-term leases, providing flexibility for future plans. Its strategic location boasts high visibility, with 44,827 vehicles passing daily at a well-lit intersection. The property benefits from its proximity to several new businesses, including a Starbucks, St. Louis Bread Co., Lion's Choice, and the iconic Ted Drewes. The "H" zoning designation opens doors to a variety of development options. This multifamily asset is being offered for sale, presenting a unique chance to capitalize on a prime location and high-traffic area in a thriving St. Louis neighborhood. The building's current configuration provides immediate income potential while allowing for future repositioning and maximizing return on investment. Serious inquiries are encouraged to explore this remarkable opportunity.

Property profile
Verified
Property type Apartment buildings
Lot 0.95 ac (41,382 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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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