Property profile

8029 Michigan Ave St St. Louis, MO 63111

OFF-MARKET
Warehouses
49,000 SF 1.67 ac lot
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Property summary

AI-generated overview

This exceptional 49,000-square-foot warehouse, situated on a 1.67-acre lot at 8029 Michigan Ave in St. Louis, Missouri (zip code 63111), presents a compelling investment opportunity. Priced at $1,950,000 ($39.80/sq ft), this single-tenant industrial property boasts four loading docks and one drive-in bay, easily accommodating tractor-trailer access. The warehouse features a 22-foot clear ceiling height throughout, with a 4,800-square-foot section offering an impressive 56-foot clear height. Included in the sale are existing three-phase power, a dry sprinkler system (currently inactive), and some industrial pallet racking. Approximately 40% of the roof has been recently replaced. The property also includes a fully climate-controlled 1,800-square-foot office space with two bathrooms. The warehouse itself is not climate-controlled. Its prime location offers convenient access to the I-55 and I-270 corridors within the Patch industrial neighborhood of South City, making it ideal for owner-occupancy or investment purposes. This property is a rare find in the St. Louis market.

Property profile

Verified
Property type Warehouses
Total area 49,000 SF
Lot 1.67 ac (72,745 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8029 Michigan Ave St St. Louis, MO 63111
St. Louis metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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