Technical
Financial
Distress signals
Property profile

2301-2303 Lemp Ave St St. Louis, MO 63104

OFF-MARKET
Warehouses
130,000 SF
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Property summary

AI-generated overview

This exceptional 130,000 square foot warehouse, located at 2301-2303 Lemp Avenue in St. Louis, Missouri, presents a phenomenal redevelopment opportunity. Priced at $1,560,000 ($12 per square foot), this property boasts significant architectural character and is ideally situated adjacent to the vibrant Soulard neighborhood. The J Industrial zoning allows for a wide range of potential uses. The building's prime location offers excellent highway access to both I-44 and I-55, ensuring convenient transportation links. Given its historical significance, the property may qualify for historic tax credits, presenting a compelling financial incentive for redevelopment projects. This substantial warehouse offers a unique chance to acquire a large-scale property in a desirable and rapidly developing area of St. Louis, within the 63104 zip code. The property's size and location make it an attractive investment for developers seeking a high-impact project with significant upside potential. Detailed property information and zoning details are available upon request.

Property profile

Verified
Property type Warehouses
Total area 130,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2301-2303 Lemp Ave St St. Louis, MO 63104
St. Louis metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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