Building Details

Building Size 220,000 SF

Year Built 2007

Listing Agency: NAI DESCO

Listed By: Robert Staniforth · License #1999030255 Show Phone

Source: Commercialcafe

Added: Mar 17 Changed: Oct 17 Last Checked: Oct 23 at 3:34AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI DESCO

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Investment Insights

Based on property information with market context.

Offered for sale is an industrial flex property totaling 220,000 square feet. The offering is marketed as industrial commercial real estate and flex space, providing a single large-footprint facility suitable for industrial uses.

The property is located at 101 Workman Ct in Eureka, Missouri. This address identifies the site for prospective buyers and brokers who want to review accessibility and on-site conditions directly.

Additional building details are not provided in the available information, so interested parties should confirm specifications, condition, and any existing improvements during due diligence.

Key Highlights

• Industrial flex property for sale totaling 220,000 sq ft
• 220,000 sq ft industrial flex property located in Eureka, MO

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$872,125

Cap Rate

4.71%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$17,442,500 $17.4M

Cap Rate 7%

$12,458,929 $12.5M

Cap Rate 9%

$9,690,278 $9.7M

Is this asking price fair?

Market Conditions

NOI Build-Up for 220,000 SF

Gross rent

$1.30M $5.93/SF

− Vacancy

−$58.7K −$0.27/SF

EGI

$1.25M $5.66/SF

− OpEx

−$373.8K −$1.70/SF

NOI

$872.1K $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 Rate 5%

$17,442,500

Cap Rate 7%

$12,458,929

Cap Rate 9%

$9,690,278

Alternative Uses

Best Use

Industrial

$12.46M

$10.90M – $14.54M (±1% cap)

NOI $872,125 @ 7.0% cap · market cap 4.71%

Second Best

Flex RnD

$11.71M

$10.24M – $13.66M (±1% cap)

NOI $819,390 @ 7.0% cap · market cap 4.43%

Theoretical Best

Office A

$47.22M

$41.31M – $55.09M (±1% cap)

NOI $3,305,111 @ 7.0% cap · market cap 17.87%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Auto Repair Shop Hair Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

300

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 63025, MO

16,742

Population

6,726

Households

2.5

Avg Household Size

41

Median Age

50%

College-Educated

96%

High-School Grad

41.7 sq mi

ZIP Area

401

Density / Sq Mi

$134,266

Median Household Income

$67,491

Median Earnings

$1,195

Median Rent

$363,900

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Flex space - For sale industrial flex property totaling 220,000 square feet in Eureka, MO.

Where is this flex space located?

The property is located at 101 Workman Court Eureka, MO.

What is the asking price?

The asking price for this property is $18,500,000.

What are key features of this property?

This property features: Industrial flex property for sale totaling 220,000 sq ft; 220,000 sq ft industrial flex property located in Eureka, MO