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    6585 Progress Parkway Cedar Hill, MO 63016

    View on Map
    For Sale
    $1,799,000

    Industrial - Cedar Hill, MO

    Type:Industrial
    Property size:
    22,000 SF
    Lot size:
    5.43 Acres
    Added:
    Oct 2, 2025
    Days on Market:
    182
    Last Refresh:
    Apr 1 at 5:06 pm

    Property Features for 6585 Progress Parkway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Industrial
    Security features
    Security Gate
    Exterior features
    Fencing
    Fencing
    Fenced, Gate
    Appliances
    Microwave, Range, Refrigerator
    Standard status
    Active
    APN
    06-6.0-23.0-0-000-007.03
    Size
    22,000 SF
    Lot size
    5.43 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxAnnualAmount
    13158

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air, Exhaust Fan (Cooling)

    Building Details

    Year built
    2000
    Flooring type
    Carpet, Concrete, Laminate, Tile, Tile - Ceramic
    Building materials
    Asphalt, Concrete, Metal Siding, Vertical Siding
    Architectural style
    Other

    We can help!

    Listing Contact
    Tony Brown
    Tony Brown

    Listing agent Tony Brown License #2003002858

    Listing office Realty Executives Premiere 4628 House Springs Center, House Springs, MO

    Listing date Oct 2, 2025

    MLS# 25065136 Listing URL

    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.

    Overview

    Cedar Hill Industrial Space

    This industrial space in Cedar Hill, Missouri, is suitable for manufacturing, material storage, and handling. It features dual overhead gantry cranes, ample electrical capacity, and a compressed air system. A blast booth and ceilings over 24 feet are present. The front office area includes a waiting area, reception, and offices. Upstairs is a one-bedroom apartment suitable for an owner, onsite manager, or security. The apartment could be converted to additional office space. The property is situated on approximately 5.43 acres, much of which is fenced and gated. Ample parking is available, and there is level space for additional structures such as storage or parking for large equipment. The property offers approximately 22,000 square feet of space and is located in Jefferson County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Hill
    County
    Jefferson
    State
    Missouri
    Longitude
    -90.656487
    Latitude
    38.357058

    Nearby Similar for Sale

    • $2,055,000

      Under Construction Dollar General Market

      New 15-year NNN lease Dollar General Market for sale.
      8440 Local Hillsboro Road, Cedar Hill, MO
      View Details
    • $349,500
      2,885 SF

      Cedar Hill Warehouse and Office

      Warehouse and office on a 1-acre lot in Cedar Hill.
      6550 Progress Pkwy, Cedar Hill, MO
      View Details

    FAQs

    What type of property is this?
    Industrial property - Industrial space with cranes, office, apartment, and expansion potential.
    Where is this industrial property located?
    The property is located at 6585 Progress Parkway Cedar Hill, MO.
    What is the asking price?
    The asking price for this property is $1,799,000.
    What are key features of this property?
    This property features: Dual overhead gantry cranes ideal for manufacturing and material handling.; Abundant electrical capacity and state‑of‑the‑art compressed air system.; High ceilings (over 24 ft) suitable for various industrial applications.
    (314) 221-1515
    We can help!
    Listing Contact
    Tony Brown
    Tony Brown
    Real Estate License ID: 2003002858
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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