Property profile

3224 Kingshighway Blvd St St. Louis, MO 63139

OFF-MARKET
Lifestyle centers
68,584 SF 0.99 ac lot Built 1920
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Lifestyle centers
Year built 1920
Total area 68,584 SF
Lot 0.99 ac (42,950 SF)

Cap rate & NOI

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

Location

3224 Kingshighway Blvd St St. Louis, MO 63139
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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