Maryland Heights Flex/Industrial
For Sale
Contact for pricing
11436 Schenk Dr, Maryland Heights, MO 63043
24,900 SF flex/industrial property in Maryland Heights, Missouri.
Property Size24,900 SF
Price / SF$135
Days on Market431
Property Features for 11436 Schenk Dr
General Information
Standard status
Active
Size
24,900 SF
Total Parking Spaces
25
Property subtype
Office, Industrial
Listing Agency:
Block Hawley Commercial RE
Listed By:
Brandon Duncan · License #2004033490
Source:
Crexi
Added: Jun 13, 2025
Changed: Aug 14
Last Checked: Aug 14 at 6:05AM
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 Block Hawley Commercial RE
Investment Insights
Based on property information with market context.
This commercial property in Maryland Heights, Missouri, offers 24,900 square feet of flex and industrial space. The property is suitable for a variety of uses, including flex space, industrial purposes, office units, office spaces, warehouses, and other commercial real estate applications.
Key Highlights
- No property information provided.
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
$98,709
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
2.94%
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%
$1,974,180
$2.0M
Cap Rate 7%
$1,410,129
$1.4M
Cap Rate 9%
$1,096,767
$1.1M
Market Conditions
NOI Build-Up for 24,900 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
$147.7K $5.93/SF
− Vacancy
−$6.6K −$0.27/SF
EGI
$141.0K $5.66/SF
− OpEx
−$42.3K −$1.70/SF
NOI
$98.7K $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%
$1,974,180
Cap Rate 7%
$1,410,129
Cap Rate 9%
$1,096,767
Alternative Uses
Best Use
Industrial
$1.41M
$1.23M – $1.65M
NOI $98,709 @ 7.0% cap · market cap 2.94%
Second Best
Flex RnD
$1.32M
$1.16M – $1.55M
NOI $92,740 @ 7.0% cap · market cap 2.76%
Theoretical Best
Office A
$5.34M
$4.68M – $6.23M
NOI $374,078 @ 7.0% cap · market cap 11.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
555
Businesses Nearby
Balanced
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
- Spiced Just Right Catering & Event Planning — 14 Fee Fee Rd, Maryland Heights, MO 63043
- Events by FSC — 2370 Schuetz Rd, St. Louis, MO 63146
Frequently Asked Questions
What type of property is this?
Flex space - 24,900 SF flex/industrial property in Maryland Heights, Missouri.
Where is this flex space located?
The property is located at 11436 Schenk Dr Maryland Heights, MO.
What is the asking price?
The asking price for this property is $3,361,500.
What are key features of this property?
This property features: No property information provided.
