9150 Latty AveBerkeley, MO 63134

  • Retail space
  • 140,524 SF
For Lease
$4.75/SF/YR View listing

Property Details for 9150 Latty Ave

Year built
2000
Construction
STEEL FRAME
Lot size
11.36 AC
Property size (Sq ft)
140,524 SF
Zone code
7M-1
Property type
Retail space
APN
10K-5-1-001-2
APU
10K510012

Description

This exceptional 142,364-square-foot industrial property, located at 9150 Latty Avenue in Berkeley, Missouri, presents a significant opportunity for manufacturing or warehousing operations. Situated on a 3.5-acre lot within the Airport submarket of St. Louis County, this single-tenant building offers ample space and convenient access. The property boasts a Class B rating and was constructed in 1965. The single-story structure features impressive ceiling heights ranging from 20 to 27 feet (with a 23-foot average), providing significant vertical clearance for various uses. Tenants will benefit from excellent loading capabilities, including two loading docks, one dock-high door, and ten drive-in doors. Ample parking is available, with a ratio of 2.00 spaces per 1,000 square feet. The building is equipped with robust power, featuring 1600 amps of 480V 3-phase service. The property is zoned F and is conveniently located in the Airport submarket of St. Louis County, Missouri, with the zip code 63134. The entire 142,364 square feet is currently vacant and available for lease. This property offers a rare combination of size, functionality, and location, making it an ideal choice for businesses seeking a substantial industrial space in the St. Louis area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $55,266,116
    6.5%
    $51,014,876
    7%
    $47,370,956
  • Comparable approach

    Method
    Valuation
    Relative Method
    $27,607,232
    Geo Method
    $27,607,232
  • Alternative Use

    Use
    Valuation
    Residential
    $43,032,956
    Hospitality
    $39,417,956
    Educational
    $32,795,278
    Medical
    $33,923,156
    Retail
    $51,014,876

Location Insight

City
Saint Louis
County
St. Louis
State
Missouri
Latitude
38.7674
Longitude
-90.3482
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$176,971
$225,630
$1,252,740
$1,478,370
-
$705,100
$3,914,800
$4,619,900

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