1032 Lemay Fry Rd St, St. Louis, MO 63125
This exceptional retail property, located at 1032 Lemay Ferry Road in St. Louis County, Missouri, presents a compelling investment opportunity. The 0.8-acre site is anchored by a Schnucks grocery store, recently enjoying a significant 10-year lease extension, renovation, and expansion. This demonstrates strong tenant commitment and market viability. The property's prime location boasts excellent population density, ensuring a consistent flow of customers. In addition to the anchor tenant, there is inline retail space currently available for lease, providing immediate income potential for new investors. Furthermore, an outlot is available for lease or sale, offering flexibility for various development options, such as additional retail, restaurants, or other complementary businesses. The property's strategic location in the 63125 zip code of St. Louis, Missouri, offers easy access to major transportation routes and a thriving local community. This grocery-anchored center represents a stable and potentially high-growth investment opportunity in a desirable market. The combination of a long-term anchor tenant, available inline space, and a buildable outlot makes this a truly unique and attractive proposition for discerning investors.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.