Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2794 Normandy Ave St St. Louis, MO 63121
    Property profile & analytics

    2794 Normandy Ave St St. Louis, MO 63121

    View on Map
    • Retail properties & Spaces
    • 62,492 SF
    • 5.25 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 2794 Normandy Ave St

    Lot size
    5.25 lot acres
    Property size
    62,492 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional retail property, located at 2794 Normandy Ave in St. Louis, Missouri, boasts a substantial 62,492 square feet of space situated on a generous 5.25-acre lot. The property's address is within the Bel-Nor suburb of St. Louis County, offering convenient access to major transportation arteries, including Interstate 70 and Natural Bridge Road. This strategic location provides easy access to the broader St. Louis metropolitan area and enjoys proximity to the University of Missouri-St. Louis campus. The area is characterized by a quiet, suburban atmosphere while still maintaining convenient access to urban amenities. The zip code for this property is 63121. This substantial retail space presents a unique opportunity for businesses seeking a prominent location in a well-established community. The property's size and location make it ideal for a variety of retail uses, offering significant potential for growth and success. The surrounding area includes the historic Normandy Golf Club, adding to the character and appeal of the neighborhood. This property is ready for immediate occupancy and offers a compelling investment opportunity in a thriving St. Louis suburb. The property's ample square footage and convenient location provide a strong foundation for a successful retail venture.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    St. Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.3121
    Latitude
    38.7

    Comparable in this City

    • Value Estimation by Request
      8,750 SF

      1401 Florissant Rd St

      Lifestyle centers • 8,750 SF
      1401 Florissant Rd St, St. Louis, MO 63121
      View Details
    • Value Estimation by Request
      22,782 SF

      1617 Florissant Rd St

      Individual retail properties • 22,782 SF
      1617 Florissant Rd St, St. Louis, MO 63121
      View Details
    • Value Estimation by Request
      18.33 Acres

      1 Oaks Plz Saint Louis Mo 63121 St

      Lifestyle centers • 18.33 Acres
      1 Oaks Plz Saint Louis Mo 63121 St, St. Louis, MO 63121
      View Details
    • Value Estimation by Request
      3,080 SF

      7224 Natural Brg Rd St

      Office Spaces • 3,080 SF
      7224 Natural Brg Rd St, St. Louis, MO 63121
      View Details
    • Value Estimation by Request
      258,896 SF

      201 Evans Ln St

      Retail properties & Spaces • 258,896 SF
      201 Evans Ln St, St. Louis, MO 63121
      View Details
    • Value Estimation by Request
      1,288 SF

      8804 Natural Brg Rd St

      Retail properties & Spaces • 1,288 SF
      8804 Natural Brg Rd St, St. Louis, MO 63121
      View Details

    Similar Nearby for Sale

    • $999,000
      Pending

      St Louis Gas Station Opportunity

      Gas station for sale in high-traffic St Louis location.
      4207 Jennings Sta Rd St, Louis, MO 63121
      View Details
    • $100,000
      0.20 Acres

      Remodeled Retail Building with Highway Access

      Freestanding commercial building with highway access, suitable for various businesses.
      1310 S Florissant Rd, Saint Louis, MO 63121
      View Details
    • Contact for pricing
      8,750 SF

      Versatile Commercial Building For Sale

      Adaptable commercial building suitable for auto or office use.
      1401 S Florissant Rd St, Louis, MO 63121
      View Details
    • $325,000
      21,880 SF

      Normandy Mixed-Use Redevelopment Opportunity

      21,880 SF mixed-use building on 1.49 acres for sale.
      7733 Natural Bridge Rd, Normandy, MO 63121
      View Details
    • $250,000
      0.17 Acres

      Normandy Commercial Building - Great Potential

      Spacious brick building, ideal for various uses. Prime location, ample parking.
      7224 Natural Bridge Rd, Normandy, MO 63121
      View Details
    • $6,900,000
      4.32 Acres

      69-Unit Apartment Community For Sale

      69-unit apartment community in a high-demand rental corridor.
      7736 Springdale Dr, Normandy, MO 63121
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Available For Lease

      Retail property available for lease in St. Louis, Missouri.
      201 Evans Ln St, Louis, MO 63121
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in St. Louis, MO.
      8804 Natural Brg Rd St, Louis, MO 63121
      View Details
    • Contact for pricing
      1,288 SF

      Retail Building on Natural Bridge

      Retail building with high visibility available for lease.
      8804 Natural Bridge Rd, Saint Louis, MO 63121
      View Details
    • $400 /Mo
      3,485 SF

      Office Spaces Near University

      Two office spaces available for lease near the University.
      7320 Florissant Rd St, Louis, MO 63121
      View Details
    • $4 SF/Yr
      190,000 SF

      Cool Valley Flex/Industrial Space

      Creative-use development for lease near Lambert International Airport.
      201 Evans Ln, Saint Louis, MO 63121
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2794 Normandy Ave St
    St. Louis, MO 63121
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2794 Normandy Ave St, St. Louis, MO, 63121
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!