Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4139 Grand Blvd St St. Louis, MO 63118
    Back to Search
    Property profile & analytics

    4139 Grand Blvd St St. Louis, MO 63118

    View on Map
    • Retail properties & Spaces
    • 8,610 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 4139 Grand Blvd St

    Year built
    1924
    Property size
    8,610 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional mixed-use property presents a compelling redevelopment opportunity in the vibrant St. Louis, Missouri market. Located at 4139 S Grand Blvd, this 8,610 square foot building sits on a 5,500 square foot lot and offers significant potential for a savvy investor. Built in 1924, the two-story structure currently features a vacant ground floor that previously housed a restaurant, bar, and catering space complete with a full kitchen. The upper floor, also vacant, presents a blank canvas for creative repurposing. Imagine transforming this space into modern apartments, office suites, or a banquet hall – the possibilities are vast. The property's strategic location at a high-traffic intersection ensures excellent visibility and accessibility. A convenient parking lot adjacent to the building adds further appeal. The asking price is $229,000, translating to $26.60 per square foot. This Class C property is offered as a NNN lease, with multi-tenancy potential. The building's historical character combined with its prime location and flexible layout makes this a truly unique investment prospect. Don't miss this chance to capitalize on the burgeoning St. Louis real estate market. This is a vacant property ready for your vision.

    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
    Missouri
    State
    Missouri
    Longitude
    -90.2445
    Latitude
    38.5812

    Comparable in this City

    • Value Estimation by Request
      4,311 SF

      2930 Michigan Ave St

      Multifamily properties • 4,311 SF
      2930 Michigan Ave St, St. Louis, MO 63118
      View Details
    • Value Estimation by Request
      5,984 SF

      1031 Lynch St St

      Restaurants • 5,984 SF
      1031 Lynch St St, St. Louis, MO 63118
      View Details
    • Value Estimation by Request
      1,388 SF

      2916 Gravois Ave St

      Restaurants • 1,388 SF
      2916 Gravois Ave St, St. Louis, MO 63118
      View Details
    • Value Estimation by Request
      2,880 SF

      3418 Gravois Ave St

      Individual retail properties • 2,880 SF
      3418 Gravois Ave St, St. Louis, MO 63118
      View Details
    • Value Estimation by Request
      2,500 SF

      3414 Gravois Ave St

      Individual retail properties • 2,500 SF
      3414 Gravois Ave St, St. Louis, MO 63118
      View Details
    • Value Estimation by Request
      7,208 SF

      3159 Grand Blvd St

      Mixed-use properties • 7,208 SF
      3159 Grand Blvd St, St. Louis, MO 63118
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,914 SF

      Historic Mixed-Use Redevelopment Opportunity

      Mixed-use property with retail income and apartment redevelopment potential.
      2317 Cherokee St, Saint Louis, MO 63118
      View Details
    • $220,000
      Pending

      Mixed-Use Property on Grand Boulevard

      Eight-unit mixed-use property with prime exposure and income potential.
      3451-53 S Grand Blvd St, Louis, MO 63118
      View Details
    • Contact for pricing
      8,610 SF

      South Grand Mixed-Use Building

      8,610 SF building with restaurant and apartment rehab opportunity.
      4139-4141 S Grand Blvd St, Louis, MO 63118
      View Details
    • New
      $155,000
      3,894 SF

      Historic Mixed-Use Building, St Louis

      Spacious storefront with residential income potential in St. Louis.
      3801 Marine Ave St, Louis, MO 63118
      View Details
    • New
      $850,000
      0.03 Acres

      St. Louis Mixed-Use Investment Opportunity

      Prime mixed-use building in a vibrant St. Louis neighborhood.
      3355-59 S Jefferson Ave St, Louis, MO 63118
      View Details
    • $695,000
      0.22 Acres

      Turnkey 9-Family Plus Commercial Space

      Fully renovated 9-family building with commercial space in South City.
      3659 S Broadway St, Louis, MO 63118
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      870 SF

      Mixed-Use Property in South City

      Retail and apartment spaces at Grand and Gravois intersection.
      3546-3588 S Grand Blvd St, Louis, MO 63118
      View Details
    • Contact for pricing

      Mixed-Use Property in South City

      Mixed-use property with retail and apartments in South St. Louis.
      3546 S Grand Blvd St, Louis, MO 63118
      View Details
    • Contact for pricing

      Commercial Space For Lease

      Commercial space available for lease at 2727 S Jefferson Ave.
      2727 S Jefferson Ave St, Louis, MO 63118
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space on Cherokee Street

      Retail space for rent in the heart of Cherokee St.
      3411 California Ave St, Louis, MO 63118
      View Details
    • Contact for pricing

      Retail Space in Tower Grove

      Retail space for rent in Tower Grove/South Grand.
      3137 S Grand Blvd St, Louis, MO 63118
      View Details
    • Contact for pricing
      800 SF

      Basement Retail Space Available

      5,000 sq ft basement retail space for rent.
      2731-2741 Cherokee St St, Louis, MO 63118
      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.
    4139 Grand Blvd St
    St. Louis, MO 63118
    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
    4139 Grand Blvd St, St. Louis, MO, 63118
    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!