3224 Kingshighway Blvd St, St. Louis, MO 63139
This exceptional 68,584 square foot property, located at 3224 S. Kingshighway Blvd in St. Louis, Missouri, presents a compelling redevelopment opportunity. The vacant, single-tenant building, built in 1920, boasts four stories and sits on a 0.986-acre lot with unrestricted ("K") zoning. Currently configured as a former bank, shopping center, and storefront, this Class C building offers significant potential for adaptive reuse. With 20 parking spaces, six loading docks, and freight elevator service, the property is well-suited for a variety of uses, including self-storage, industrial, or multi-family development. Its highly visible location on Kingshighway Boulevard, situated on a Home Depot outlot at a signalized intersection, benefits from a high volume of daily traffic (39,000 vehicles per day). The property's proximity to I-44 (1.2 miles south) further enhances its accessibility and desirability. The asking price is $1,600,000 ($23.33/sq ft). The property features six loading docks and two drive-ins, making it suitable for businesses requiring significant loading and unloading capabilities. Its robust infrastructure could also support a pharmaceutical or food processing facility with high heat or cold processing capacity. The property's APN is 9084-00-0020-0.
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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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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