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3901 N Kingshighway Blvd
Saint Louis, MO 63115

$4,750,000 USD

Self Storage For Sale  •  600,000 SF

Property Details

  • Property Type Self Storage
  • Total Building Size 600,000 SF
  • Lot Size 9.71 AC
  • Building Class C
  • Year Built 1919
  • Cap Rate 8.02 %
  • Zoning K
40 Transit Score
61 Walk Score

Highlights

Value add opportunity on ±9.71 acres in downtown St. Louis located in an Opportunity Zone.
Buildings offer over ±600,000 RSF. Currently 50% occupied with an NOI of $381,953.
Assumable SBA debt.
Entire property is gated and secured with video cameras.
Sprinklers on all floors.
An additional ± 200,000 GSF of indoor self-storage can be added. 58,000 GSF of that on the ground-floor.

Financial Summary (Actual)

Net Operating Income: $381,000 USD (2023)
Cap Rate: 8.02 %

Public Transportation

Commuter RailDriveWalkDistance
Wellston (Lambert Airport Shiloh-Scott - St. Louis MetroLink (MetroLink)) 7 min - 4.0 mi
Rock Road (Lambert Airport Shiloh-Scott - St. Louis MetroLink (MetroLink)) 7 min - 4.2 mi
AirportDriveWalkDistance
St Louis Lambert International 14 min - 8.6 mi
Scott AFB/Midamerica St Louis 45 min - 29.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Austin Blom 314-960-3611 Matthews Real Estate Investment Services
Austin Blom 314-960-3611 Matthews Real Estate Investment Services