Auto Shop with Overhead
For Sale
$750,000
11721 Dorsett Road, Maryland Heights, MO 63043
Commercial Sale, Maryland Heights, MO
Property Size7,932 SF
Lot Size0.65 Acres
Price / SF$94.55
Days on Market37
Property Features for 11721 Dorsett Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Fencing
Chain Link, Fenced, Gate
Subdivision
Harding Park
Standard status
Active
APN
14N-53-0880
Lot size
0.65 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
18542
Building Details
Year built
1980
Listing Agency:
Berkshire Hathaway HomeServices Select Properties
(314) 714-1100
Listed By:
Jim VonDerHaar · License #2001013708
(314) 835-6000
Added: Jul 22
Changed: Aug 19
Last Checked: Aug 27 at 6:06AM
MLS# 25073701
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This auto shop comprises a 7,932-square-foot building on 0.65 acres, with overhead-door access at the front and along the side. An exterior stairway leads to office space on the upper level. The property is currently used for auto repair operations.
Parking is located in front of the building, with additional gated and chain-link-fenced areas along the side and rear. Built in 1980, the property is located at 11721 Dorsett Road in Maryland Heights, Missouri, within St. Louis County.
Parking is located in front of the building, with additional gated and chain-link-fenced areas along the side and rear. Built in 1980, the property is located at 11721 Dorsett Road in Maryland Heights, Missouri, within St. Louis County.
Key Highlights
- 7,932‑square‑foot building on 0.65 acres
- Two 10 ft x 10 ft overhead doors at the front
- Six 10 ft x 10 ft overhead doors along the side
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,444
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.19%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$628,880
$628.9K
Cap Rate 7%
$449,200
$449.2K
Cap Rate 9%
$349,378
$349.4K
Market Conditions
NOI Build-Up for 7,932 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$47.0K $5.93/SF
− Vacancy
−$2.1K −$0.27/SF
EGI
$44.9K $5.66/SF
− OpEx
−$13.5K −$1.70/SF
NOI
$31.4K $3.96/SF
Area
St. Louis County, MO
Vacancy
4.50%
Lease Rate
$5.93 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$628,880
Cap Rate 7%
$449,200
Cap Rate 9%
$349,378
Alternative Uses
Best Use
Retail
$1.52M
$1.33M – $1.78M
NOI $106,703 @ 7.0% cap · market cap 14.23%
Second Best
Industrial
$449.2K
$393.1K – $524.1K
NOI $31,444 @ 7.0% cap · market cap 4.19%
Theoretical Best
Office A
$1.70M
$1.49M – $1.99M
NOI $119,164 @ 7.0% cap · market cap 15.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
814
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 63043, MO
22,362
Population
9,616
Households
2.3
Avg Household Size
38
Median Age
45%
College-Educated
95%
High-School Grad
12.5 sq mi
ZIP Area
1,789
Density / Sq Mi
$91,050
Median Household Income
$57,878
Median Earnings
$1,175
Median Rent
$215,900
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Advanced Color Tech — 2280 chaffee dr, st. louis, mo 63146
- Caliber Collision — 2280 Chaffee Dr Suite A, Maryland Heights, MO 63146
- Clean Water Solutions — 2353 Grissom Dr, St. Louis, MO 63146
- Clear Auto Bra — 2328 Centerline Industrial Dr, St. Louis, MO 63146
- A&G Auto Spa — 2352 Centerline Industrial Dr, St. Louis, MO 63146
Frequently Asked Questions
What type of property is this?
Auto shop - Fenced parking is available alongside upstairs office space.
Where is this auto shop located?
The property is located at 11721 Dorsett Road Maryland Heights, MO.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 7,932‑square‑foot building on 0.65 acres; Two 10 ft x 10 ft overhead doors at the front; Six 10 ft x 10 ft overhead doors along the side
