8029 Michigan Ave St St. Louis, MO 63111
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.
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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
Similar Nearby for Sale
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.