1900 Cole St St St. Louis, MO 63106
This exceptional 3.1-acre industrial property, located at 1900 Cole St, St. Louis, MO 63106, presents a unique investment opportunity. Encompassing two full city blocks, this fully-fenced site offers a substantial 43,175 square feet of building space, strategically divided into two structures. The main building boasts 35,525 square feet, featuring six drive-in bays (one oversized), 24-foot ceilings, and 2,150 square feet of office space. A second building adds 7,650 square feet with two drive-in bays. The property also includes a covered outdoor storage area, enhancing its versatility. Originally constructed between 1890 and 1898, and renovated in 1997, the buildings are situated on a single story and benefit from 3-phase, 1600-amp electric service and a fully installed sprinkler system. The property is zoned J - Industrial Zoning and offers ample parking, with a ratio of 7 spaces per 1,000 square feet. Its prime location provides convenient access to Downtown St. Louis and major highways including I-70, I-55, and I-64 via the Veterans Memorial Bridge, and is approximately 1.5 miles from the Stan Musial Bridge. The asking price is $1,900,000, translating to $50.93 per square foot. This property is vacant and ready for immediate occupancy. Potential uses include contractor storage yards or warehousing/distribution operations.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.