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The Berkshire Hathaway HomeServices Advantage 9147 Watson Rd 5,208 SF 100% Leased Retail Building Saint Louis, MO 63126 $1,176,018 CAD ($225.81 CAD/SF)
Investment Highlights
- High-exposure frontage along Watson Road with an average daily traffic of 19,404 vehicles.
- Nearly one acre of land offering flexibility for future redevelopment or expansion projects.
- Easy access to Interstates and regional thoroughfares supporting strong connectivity across the St. Louis metro.
- Currently occupied by a long-standing church tenant providing consistent income stream.
- Located within a dense trade corridor anchored by national retailers and service providers.
Executive Summary
This 4,412 SF retail property offers investors an income-producing asset in a high-traffic commercial corridor of Crestwood, Missouri. Situated along Watson Road with approximately 19,404 vehicles per day, the property provides superior visibility and accessibility. It currently hosts a long-standing church tenant, supporting stable cash flow and historically consistent occupancy.
Positioned on nearly one acre, the site offers flexibility for a range of long-term redevelopment or repositioning strategies should future growth demand it. The location benefits from mature surrounding neighborhoods, robust regional retail clustering, and proximity to multiple major highways, ensuring strong connectivity for businesses and visitors.
With a listed price of $850,000, the property reflects an 8.5% cap rate on in-place NOI, delivering immediate income while preserving long-term value appreciation potential. This attractive basis, well below new construction costs, positions the asset as a compelling opportunity for investors seeking both income stability and future upside.
Positioned on nearly one acre, the site offers flexibility for a range of long-term redevelopment or repositioning strategies should future growth demand it. The location benefits from mature surrounding neighborhoods, robust regional retail clustering, and proximity to multiple major highways, ensuring strong connectivity for businesses and visitors.
With a listed price of $850,000, the property reflects an 8.5% cap rate on in-place NOI, delivering immediate income while preserving long-term value appreciation potential. This attractive basis, well below new construction costs, positions the asset as a compelling opportunity for investors seeking both income stability and future upside.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,208 SF
Building Class
C
Year Built
1955
Price
$1,176,018 CAD
Price Per SF
$225.81 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.12
Lot Size
0.96 AC
Zoning
C1 - Most office and retail uses permitted
Parking
45 Spaces (8.64 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Restaurant
- Signage
- Monument Signage
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 25L-52-0454 | Improvements Assessment | $65,082 CAD |
| Land Assessment | $111,085 CAD | Total Assessment | $176,167 CAD |
Property Taxes
Parcel Number
25L-52-0454
Land Assessment
$111,085 CAD
Improvements Assessment
$65,082 CAD
Total Assessment
$176,167 CAD
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The Berkshire Hathaway HomeServices Advantage | 9147 Watson Rd
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