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