Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2200 Olive St St St. Louis, MO 63103
    Property profile & analytics

    2200 Olive St St St. Louis, MO 63103

    View on Map
    • Retail properties & Spaces
    • 10,000 SF
    • 0.60 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 2200 Olive St St

    Year built
    1955
    Lot size
    0.60 lot acres
    Property size
    10,000 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional 10,000-square-foot commercial property, situated in Midtown's Downtown West submarket, presents a unique opportunity for diverse businesses. Boasting a flexible layout suitable for retail, office, restaurant, or light industrial/manufacturing uses, this single-tenant building offers significant advantages. Built in 1955 and renovated in 2012, the property features a 14-foot ceiling height, a functional paint booth, and a convenient loading dock. The 0.6-acre lot provides ample space, including a private parking lot with 28 spaces. Its prime location directly across from the Northwest entrance to the St. Louis City SC stadium and the St. Louis Police Department Headquarters ensures high visibility and significant foot traffic. The property's proximity to major interstates (I-64 and I-44), numerous hotels (Drury, Fairfield Inn, Courtyard Marriott, Pear Tree Inn), and Union Station further enhances its appeal. The building, measuring 143 feet by 70 feet, is divisible to accommodate various tenant needs. The property is zoned for Central Business District use and benefits from a 200 AMP 3-phase power supply. Property taxes are $1.53 per square foot. This Class B building offers a rare blend of functionality and location, making it an ideal investment for a discerning business. The property's features include two offices, three bathrooms, and a concrete floor. Its strategic location near the FBI, National Geospatial-Intelligence Agency (NGA), and other government agencies adds to its desirability.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    St. Louis
    County
    State
    Missouri
    Longitude
    -90.2112
    Latitude
    38.6325

    Comparable in this City

    • Value Estimation by Request
      621,089 SF

      1212 Olive St St

      Restaurants • 621,089 SF
      1212 Olive St St, St. Louis, MO 63103
      View Details
    • Value Estimation by Request
      23,585 SF

      1901 Washington Ave St

      Restaurants • 23,585 SF
      1901 Washington Ave St, St. Louis, MO 63103
      View Details
    • Value Estimation by Request
      10,000 SF

      2200 Olive St St

      Restaurants • 10,000 SF
      2200 Olive St St, St. Louis, MO 63103
      View Details
    • Value Estimation by Request
      10,350 SF

      1500 Washington Ave St

      Restaurants • 10,350 SF
      1500 Washington Ave St, St. Louis, MO 63103
      View Details
    • Value Estimation by Request
      5,040 SF

      1907 Locust St St

      Individual retail properties • 5,040 SF
      1907 Locust St St, St. Louis, MO 63103
      View Details
    • Value Estimation by Request
      40,639 SF

      1520 Washington Ave St

      Restaurants • 40,639 SF
      1520 Washington Ave St, St. Louis, MO 63103
      View Details

    Similar Nearby for Sale

    • $1,099,000
      5,435 SF

      Renovated Restaurant Investment Opportunity

      Stabilized restaurant property in St. Louis' Midtown corridor for sale.
      3131-3137 Olive St, Saint Louis, MO 63103
      View Details
    • Contact for pricing
      45,200 SF

      Historic Building Near MLS Stadium

      Updated historic building with suites available near the new stadium.
      308 N 21St St, Louis, MO 63103
      View Details
    • Contact for pricing
      5,040 SF

      1907 Locust St, St. Louis, MO 63103

      Mixed-use properties • 5,040 SF
      1907 Locust St St, Louis, MO 63103
      View Details
    • $760,000
      8,422 SF

      Restaurant Space with Luxury Finishes

      Restaurant space with full commercial kitchen and bar areas.
      1511 Washington Ave St, Louis, MO 63103
      View Details
    • Contact for pricing

      Saint Louis Office Property For Sale

      Office property available for sale in Saint Louis, Missouri.
      1922-1926 Chouteau Ave, Saint Louis, MO 63103
      View Details
    • $2,900,000
      34,234 SF

      St. Louis Office Building Investment

      High-yield, multi-tenant office building
      1409 Washington Ave St, St. Louis, MO 63103
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office and Retail Space Available

      Office and retail spaces for lease near City Museum.
      717 N 16Th St, Louis, MO 63103
      View Details
    • $3,000 /Mo
      5,619 SF

      Midtown St. Louis Commercial Space

      2,000 sq ft raw space for bar/restaurant with free rent.
      3200 Locust St St, Louis, MO 63103
      View Details
    • Contact for pricing

      Historic Mixed-Use Building in Downtown

      Art deco building with office and retail spaces for lease.
      1212 Olive St St, Louis, MO 63103
      View Details
    • $2,700 /Mo

      904 S 4Th St, Unit 301

      Top Floor Atrium Office with Railroad and Arch Views
      904 S 4Th St, Saint Louis, MO 63103
      View Details
    • Contact for pricing
      2,125 SF

      Street Level Retail Space

      2,125 SF retail space near City Commons and Midtown Alley.
      2639 Locust St, Saint Louis, MO 63103
      View Details
    • Contact for pricing

      Commercial Space for Lease

      Commercial space available for lease at 2801 Locust St.
      2801 Locust St St, Louis, MO 63103
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2200 Olive St St
    St. Louis, MO 63103
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2200 Olive St St, St. Louis, MO, 63103
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!