11715 Administration Dr St St. Louis, MO 63146
This exceptional commercial property, located at 11715 Administration Dr, St. Louis, MO 63146, presents a unique investment opportunity. Boasting 14,798 square feet, this retail and office space is situated on a 1.26-acre lot and offers 64 parking spaces. The building, constructed in 1967, has undergone recent renovations to its common areas and restrooms. The roof was replaced in 2017 and carries a 20-year warranty. This property benefits from a fantastic corner location in the heart of Westport, providing excellent visibility at the intersection of Schuetz and Administration Drive. Suite sizes range from 256 to 6,718 square feet, offering flexibility for various business needs. The asking price is $1,750,000, translating to $118 per square foot of land value. This full-service property offers a lease rate of $17.50 per square foot. Don't miss this chance to acquire a well-maintained, strategically located commercial property in a thriving St. Louis neighborhood.
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
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