Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2855 Magnolia Ave St St. Louis, MO 63118
    Property profile & analytics

    2855 Magnolia Ave St St. Louis, MO 63118

    View on Map
    • Retail properties & Spaces
    • 3,292 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 2855 Magnolia Ave St

    Year built
    1930
    Property size
    3,292 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional turnkey auto body shop in St. Louis, Missouri, presents a rare investment opportunity. Located at 2855 Magnolia Ave, this single-story, 3,292 square foot facility sits on a 0.26-acre lot (APN 2077-00-0450-0) and is zoned for commercial use. Built in 1930, the property underwent extensive renovations in 2015, including a complete air conditioning system upgrade. The roof was replaced in 2023, ensuring long-term structural integrity. The shop boasts seven drive-in doors, providing ample access for vehicles. A comfortable customer waiting area enhances the customer experience. The sale includes major fixtures, fittings, and equipment (FFE), such as a paint booth, vehicle lifts, an air compressor, and other essential tools. This prime South City location offers excellent visibility and accessibility, making it ideal for a thriving automotive business. The property is currently vacant, presenting immediate occupancy potential for the new owner. This is a unique opportunity to acquire a fully equipped and well-maintained auto body shop in a desirable area. The property's strong features and turnkey nature make it an attractive investment for experienced automotive operators seeking a ready-to-run business.

    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
    -90.2298
    Latitude
    38.6049

    Comparable in this City

    • Value Estimation by Request
      920 SF

      2901 Arsenal St St

      Automotive properties • 920 SF
      2901 Arsenal St St, St. Louis, MO 63118
      View Details
    • Value Estimation by Request
      4,212 SF

      2642 Cherokee St St

      Retail properties & Spaces • 4,212 SF
      2642 Cherokee St St, St. Louis, MO 63118
      View Details
    • Value Estimation by Request

      3710 Grand Blvd St

      Individual retail properties
      3710 Grand Blvd St, St. Louis, MO 63118
      View Details
    • Value Estimation by Request
      2,880 SF

      3418 Gravois Ave St

      Individual retail properties • 2,880 SF
      3418 Gravois Ave St, St. Louis, MO 63118
      View Details
    • Value Estimation by Request
      5,984 SF

      1031 Lynch St St

      Restaurants • 5,984 SF
      1031 Lynch St St, St. Louis, MO 63118
      View Details
    • Value Estimation by Request
      26,100 SF

      2727 Jefferson Ave St

      Office Spaces • 26,100 SF
      2727 Jefferson Ave St, St. Louis, MO 63118
      View Details

    Similar Nearby for Sale

    • $175,000
      2,400 SF

      St. Louis Church - $175,000

      2,400 SF Church, Great Price!
      3458 Minnesota Ave St, St. Louis, MO 63118
      View Details
    • Contact for pricing
      5,057 SF

      DaVita Dialysis Center For Sale

      DaVita Dialysis Center in St. Louis, Missouri for sale.
      3740 S Jefferson Ave St, Louis, MO 63118
      View Details
    • Contact for pricing
      10,914 SF

      Historic Mixed-Use Redevelopment Opportunity

      Mixed-use property with retail income and apartment redevelopment potential.
      2317 Cherokee St, Saint Louis, MO 63118
      View Details
    • $750,000
      3,292 SF

      St. Louis Auto Body Shop

      Turnkey facility, excellent location.
      2855 Magnolia Ave St, St. Louis, MO 63118
      View Details
    • Contact for pricing
      2,490 SF

      Single Story Retail Building For Sale

      2,490 SF retail building leased to TitleMax through 2027.
      2627 Gravois Ave, Saint Louis, MO 63118
      View Details
    • $220,000
      Pending

      Mixed-Use Property on Grand Boulevard

      Eight-unit mixed-use property with prime exposure and income potential.
      3451-53 S Grand Blvd St, Louis, MO 63118
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Space For Lease

      Commercial space available for lease at 2727 S Jefferson Ave.
      2727 S Jefferson Ave St, Louis, MO 63118
      View Details
    • Contact for pricing

      Retail Space in Renovated Bavarian Inn

      Retail space for lease with outdoor patio and parking.
      3012 Arsenal St St, Louis, MO 63118
      View Details
    • $2,000 /Mo
      3,149 SF

      Benton Park Retail/Office Space

      Retail/office space in the heart of Benton Park.
      3018 S Jefferson Ave St, Louis, MO 63118
      View Details
    • Contact for pricing
      3,700 SF

      Spacious Retail Space Available Soon

      3,700 SF retail space in historic Saint Louis neighborhood.
      2724 Cherokee St, Saint Louis, MO 63118
      View Details
    • $1,500 /Mo

      Retail Space in St Louis

      Recently renovated retail space suitable for various businesses.
      3355 S Jefferson Ave St, Louis, MO 63118
      View Details
    • Contact for pricing

      Mixed-Use Property in South City

      Mixed-use property with retail and apartments in South St. Louis.
      3546 S Grand Blvd St, Louis, MO 63118
      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.
    2855 Magnolia Ave St
    St. Louis, MO 63118
    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
    2855 Magnolia Ave St, St. Louis, MO, 63118
    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!