1247 Belgrove Dr St St. Louis, MO 63137
This exceptional 11,900-square-foot industrial property, located at 1247 Belgrove Drive in St. Louis, Missouri, presents a unique investment opportunity. The single-story, Class D building, constructed in 1989, sits on a 0.51-acre lot and offers convenient access to Interstate 270 (1/3 mile from Exit 33 at Lilac Avenue). The property features a modified lease type and is currently vacant, providing immediate occupancy for a single tenant. The warehouse boasts impressive features including a 16-foot ceiling height, three drive-in doors (two measuring 10' x 12' and one 12' x 14'), a three-ton overhead crane with a six-foot hook, and ample electrical capacity (400 amps, 480-volt, 3-phase power). Additional amenities include a break room and six parking spaces. The property is zoned for light industrial use and has an APN of 10E331061. The asking price is $619,000. This versatile space is ideal for a variety of industrial and office uses, offering significant potential for return on investment. The property's strategic location and functional design make it an attractive option for businesses seeking a well-equipped and conveniently located facility in the St. Louis metropolitan area. The building's features are well-suited for businesses requiring warehouse space with office components.
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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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
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