1466 Evergreen Ave St St. Louis, MO 63133
This exceptional investment opportunity presents a 41,500-square-foot warehouse situated on a 1.4-acre lot in St. Louis, Missouri, at 1466 Evergreen Ave, zip code 63133. The property, built in 1947, is a two-story brick structure classified as Class D, currently vacant and available for a net lease. The building boasts 4 dock-high doors and an 18-foot ceiling height, with each floor comprising 20,750 square feet. The zoning is designated as 78LP. This prime location offers exceptional visibility and signage opportunities, enhanced by its proximity to a 24-hour gas station and car wash. The property includes 48 parking spaces and is surrounded by established businesses including BP, Archway International Motorcycle, and Regions Bank. This presents a compelling redevelopment opportunity in a high-traffic area, with potential for warehouse or retail use. The asking price is $249,500. Additional ground area may be available in the Wellston area.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.