Richmond Heights, MO
Commercial Real Estate Market Trends & Data

$149 Avg asking sale price
$28 Avg asking lease rate
10,280 SF Avg unit lease size
38,782 SF Avg building size for sale
6.87% Average cap rate

Richmond Heights's Demographic Profile

Richmond Heights has 4,465 households and a median income of $101,887, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 9,102
# Households 4,465
Median age 39
Median household income $101,887
Avg household size 2.0
Renter-occupied housing units 2,025
5-year population change -1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Richmond Heights, MO

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Richmond Heights $131 23,319 SF 7.92%
Clayton $180 18,220 SF 7.92%
Saint Louis $124 44,701 SF 14.00%
Maplewood $148 8,544 SF 7.92%
Nearby Retail Markets Avg Cost/SF Typical Size
Richmond Heights $167 11,336 SF
Brentwood $80 28,267 SF
Clayton $185 9,127 SF
Saint Louis $219 14,972 SF
Maplewood $370 13,764 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Richmond Heights $189 63,026 SF 6.40%
Clayton $259 46,725 SF 6.40%
Saint Louis $97 38,040 SF 17.67%

Commercial Properties For Sale in Richmond Heights

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Highly Visible Retail/Office User-Opp.

Saint Louis, MO 63117

  • 12,023 SF Retail Building
  • Auction Sale
For Sale

Clayton Plaza

Richmond Heights, MO 63117

  • 64,000 SF Office Building
  • Price Upon Request
For Sale

7361 Dale Ave

Saint Louis, MO 63117

  • 15,207 SF Multifamily
  • 6.40% Cap Rate
  • $2,350,000
For Sale

909 S Brentwood Blvd

Clayton, MO 63105

  • 36,960 SF Retail Building
  • $3,000,000
For Sale

Richmond Building

Richmond Heights, MO 63117

  • 12,546 SF Multifamily
  • 6.30% Cap Rate
  • $1,700,000
For Sale

2115-2119 S Big Bend Blvd

Saint Louis, MO 63117

  • 6,088 SF Office Building
  • $959,999

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Richmond Heights pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Richmond Heights $149 38,782 SF
Brentwood $226 48,011 SF
Clayton $199 29,439 SF
Saint Louis $144 49,021 SF
Maplewood $302 22,714 SF

Regional Demographic Comparison

This comparison places Richmond Heights alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Richmond Heights or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Richmond Heights 9,102 4,465 39 $101,887 2 2,025 -1%
Brentwood 7,829 3,928 38 $90,933 2 1,405 -3%
Clayton 18,054 6,163 31 $128,283 2 2,769 -1%
Saint Louis 279,287 134,014 38 $50,989 2 80,450 -5%
Maplewood 8,250 4,445 37 $54,127 2 2,670 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Richmond Heights, MO and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Richmond Heights

View All Commercial Real Estate For Sale in Richmond Heights
Is Richmond Heights a good market for a first-time commercial real estate investor?

Richmond Heights offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Richmond Heights?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Richmond Heights. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Richmond Heights?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Richmond Heights. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Richmond Heights compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Richmond Heights. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Richmond Heights acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Richmond Heights, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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