Property profile

8320 Airport Rd Saint Louis, MO 63134

OFF-MARKET
Retail space
Property ID
US48-0166130
7,856 SF 0.71 ac lot Built 2003
Entity Owned 14-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 7,426-square-foot retail space, formerly occupied by a Family Dollar, presents a unique sublease opportunity in St. Louis, Missouri. Located at 8320 Airport Rd, in the 63134 zip code, this single-tenant property offers significant potential for a variety of retail businesses. The entire building is currently vacant, providing immediate occupancy for a new tenant. The property's ample square footage allows for flexible layout configurations to suit diverse business needs. Its strategic location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking high foot traffic and convenient access for customers. The property is situated in Berkeley, Missouri, a vibrant community with a strong local economy. This is a rare chance to acquire a substantial retail space in a prime location, ready for immediate customization and operation. The property's previous use as a successful retail establishment speaks to its inherent suitability for similar ventures. Serious inquiries are encouraged to explore this exciting opportunity to establish a thriving business in a well-established commercial area. Detailed property information and lease terms are available upon request. This is a turnkey opportunity for a business looking to establish a strong presence in the St. Louis market.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2003
Construction WOOD
Total area 7,856 SF
Lot 0.71 ac (30,928 SF)
Zoning code 7C-1
APN 11J-1-4-164-5
UPID US48-0166130

Cap rate & NOI

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

Location

8320 Airport Rd Saint Louis, MO 63134-1916
Saint Louis metro Census 221800 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$655k
CAP Approach CAP
by Request
Comparable Approach Comparable
$965k
Blend (final) Blend
$1.06M

Owner & transaction history

since 2012
4 recorded transactions
2012
$1.6M
2003
Price N/A
1999
Price N/A
1969
Price N/A

Zoning & alternative use

7C-1 · Saint Louis, MO
Top alternative use upside
Commercial (general) $1.4M +91.6%
Medical building $1.2M +62.2%
Office building $1.2M +57.3%

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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