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Property profile

26 Mississippi Ave Crystal City, MO 63019

FOR SALE
Assisted living facilities
Property ID
US48-3199394
9,125 SF 1.55 ac lot Built 1960
Individually Owned 1-yr Hold
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No photos on file
For Sale
$475,000 9,125 SF
26 Mississippi Ave, Crystal City, MO 63019
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Property summary

AI-generated overview

This expansive 15,560 square foot commercial warehouse, located at 26 Mississippi Avenue in Crystal City, Missouri, presents a unique redevelopment opportunity. Priced at $475,000, the property offers significant potential for a variety of commercial uses. The building, formerly a 52-bed residential facility, has been completely gutted down to the studs, providing a blank canvas for the next owner's vision. All the hard demolition work is already complete, saving considerable time and expense. This three-story structure boasts a solid construction and stands as a prominent landmark in a desirable, quiet neighborhood. A significant advantage is the inclusion of a large 50-space parking lot, providing ample parking for employees, customers, or residents, depending on the intended use. The property is zoned for commercial use and is situated in Jefferson County, Missouri, zip code 63019. The building's substantial size and prime location make it an attractive investment for entrepreneurs and developers seeking a large-scale project with considerable upside. This is a rare opportunity to acquire a substantial commercial building in a well-established area, ready for immediate renovation and customization. The property is classified as industrial and land.

Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1960
Total area 9,125 SF
Lot 1.55 ac (67,518 SF)
APN 19-3.0-05.0-4-001-002.01
UPID US48-3199394

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Crisis Center Medical Clinic

Location

26 Mississippi Ave Crystal City, MO 63019
Crystal City metro Census 700700 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2023
Price N/A
2022
Price N/A
2010
Price N/A
2008
Price N/A
2008
$312,513
1969
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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