Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3631 Gravois Ave St St. Louis, MO 63116
    Back to Search
    Property profile & analytics

    3631 Gravois Ave St St. Louis, MO 63116

    View on Map
    • Retail properties & Spaces
    • 15,120 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 3631 Gravois Ave St

    Property size
    15,120 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional 15,120-square-foot retail space is available for lease at 3631 Gravois Avenue in St. Louis, Missouri, zip code 63116. Located in St. Louis County, this single-tenant property presents a significant opportunity for businesses seeking a substantial footprint in a well-established area. The entire building, totaling 15,120 square feet, is currently vacant, offering a blank canvas for a new tenant to customize the space to their specific needs. The property's classification is retail commercial, making it ideal for a wide range of businesses. Its prime location in St. Louis provides excellent visibility and accessibility, potentially attracting a large customer base. The property is ready for immediate occupancy, allowing for a swift and efficient transition for the new tenant. Interested parties are encouraged to inquire further to explore the possibilities this expansive retail space offers. The property is situated at 38.5923113 latitude and -90.2452078 longitude. This is a single-tenant building, offering complete control and flexibility to the lessee. Serious inquiries only.

    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
    -90.2452
    Latitude
    38.5923

    Comparable in this City

    • Value Estimation by Request
      2,300 SF

      3660 Gravois Ave St

      Office Units • 2,300 SF
      3660 Gravois Ave St, St. Louis, MO 63116
      View Details
    • Value Estimation by Request
      25,795 SF

      4344 Loughborough Ave St

      Retail properties & Spaces • 25,795 SF
      4344 Loughborough Ave St, St. Louis, MO 63116
      View Details
    • Value Estimation by Request
      5,272 SF

      4210 Itaska St St

      Neighborhood centers • 5,272 SF
      4210 Itaska St St, St. Louis, MO 63116
      View Details
    • Value Estimation by Request
      45,817 SF

      3172 Morgan Frd Rd St

      Restaurants • 45,817 SF
      3172 Morgan Frd Rd St, St. Louis, MO 63116
      View Details
    • Value Estimation by Request
      98,420 SF

      Kingshighway Blvd & Christy Blvd St

      Neighborhood centers • 98,420 SF
      0 Kingshighway Blvd & Christy Blvd St, St. Louis, MO 63116
      View Details
    • Value Estimation by Request
      13,035 SF

      6411 Gravois Ave St

      Individual retail properties • 13,035 SF
      6411 Gravois Ave St, St. Louis, MO 63116
      View Details

    Similar Nearby for Sale

    • $180,000
      Pending

      St. Louis Investment Opportunity

      Investment property near Bevo Mill with commercial and residential potential.
      5406 Gravois Ave St, Louis, MO 63116
      View Details
    • Contact for pricing
      7,010 SF

      Income-Producing Storefront Property

      Multi-unit commercial property for sale on Gravois Avenue.
      5464 Gravois Ave, Saint Louis, MO 63116
      View Details
    • New
      $295,000
      4,505 SF

      Mixed-Use Property in Tower Grove

      Mixed-use building with commercial storefront and four apartment units.
      3738 Gravois Ave St, Louis, MO 63116
      View Details
    • $228,900
      3,260 SF

      Mixed-Use Property in Bevo Neighborhood

      Versatile mixed-use property in upcoming Bevo neighborhood, St. Louis.
      4631 Morganford Rd St, Louis, MO 63116
      View Details
    • New
      $350,000
      4,200 SF

      Versatile Commercial Building on Gravois

      Adaptable commercial building in high-traffic location with strong exposure.
      5628-30 Gravois Ave St, Louis, MO 63116
      View Details
    • $409,999
      2,938 SF

      Renovated Four-Family Property in St. Louis

      Updated four-unit building with immediate income potential near Christy Park.
      5022 Elenore Ave St, Louis, MO 63116
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Historic South St. Louis Tower

      Historic 9-story building with commercial space for rent.
      3608 Gravois Ave St, Louis, MO 63116
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail spaces available ranging from 18,420 to 37,391 SqFt.
      Kingshighway Blvd & Christy Blvd St, Louis, MO 63116
      View Details
    • $12 SF/Yr
      1,524 SF

      Prime Retail Space in Saint Louis

      Retail space for rent in a vibrant Saint Louis location.
      4210 Itaska St, Louis, MO 63116
      View Details
    • Contact for pricing

      Retail Space on Gravois Avenue

      Single tenant retail space available for rent.
      3631 Gravois Ave St, Louis, MO 63116
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in St. Louis, MO.
      3843 Gravois Ave St, Louis, MO 63116
      View Details
    • Contact for pricing

      Historic South City Commercial Space

      Renovated 2300 SF space ideal for office or retail.
      3660 Gravois Ave St, Louis, MO 63116
      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.
    3631 Gravois Ave St
    St. Louis, MO 63116
    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
    3631 Gravois Ave St, St. Louis, MO, 63116
    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!