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Property profile & analytics
OFF-MARKET
Office Spaces

1401 Dr Martin Luther King Dr St St. Louis, MO 63106

6,200 SF 0.68 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 6,200-square-foot medical/office building, situated on a prominent corner lot in St. Louis' Downtown West submarket, presents a unique investment opportunity. Built in 2001, the Class B property boasts a single-tenant configuration, offering 16 private offices, ample reception and conference areas, substantial storage rooms, and four ADA-compliant restrooms. The building is fully equipped with heavy power, originally installed to accommodate X-ray equipment, and convenient plumbing access in nearly every room via access panels. Parking is abundant with 38 spaces available in a private lot. An additional 0.68 acres of fenced land directly north of the building provides potential for expansion, additional parking, or outdoor storage. The strategic corner location at 1401 Dr. Martin Luther King Dr, with cross-street access on 14th Street, ensures excellent visibility and accessibility via signalized intersections. The full-service asking price is $12 per square foot. This versatile space is ideal for a variety of medical or office uses. The property is located in the St. Louis City submarket, specifically the Downtown West cluster, with a zip code of 63106.

Property profile
Verified
Property type Office Spaces
Total area 6,200 SF
Lot 0.68 ac (29,621 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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