Manufacturing Building with
For Sale
$4,204,920
11640 Adie Rd Maryland, Maryland Heights, MO 63043
PD-M zoning with office and warehouse areas supports a range of commercial operations.
Property Size35,041 SF
Price / SF$119.12
Days on Market18
Property Features for 11640 Adie Rd Maryland
General Information
Standard status
Active
Size
35,041 SF
Property subtype
Factory
Zoning
PD-M
Building Details
Building Size
35,041 SF
Year Built
1977
Buildings
1
Properties For Sale
at 11640 Adie Rd Maryland Contact us- Size
- 25,566 SF
- Lease Type
- NNN
A
Listing Agency:
Intelica CRE
(314) 270-5991
Listed By:
Gary Parker
(314) 270-5991
Source:
Thebrokerlist
Added: Aug 14
Changed: Aug 30
Last Checked: Aug 31 at 12:36PM
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 Intelica CRE
Investment Insights
Based on property information with market context.
Located at 11640 Adie Rd in Maryland Heights, Missouri, this manufacturing property contains 35,300 square feet of building area. The facility includes office and warehouse components and is zoned PD-M for commercial use.
Built in 1977, the property includes two interior cranes and one exterior crane, providing a specialized feature for manufacturing-related operations. The space is newly available and offers an established commercial building configuration for an owner-user or other business operation.
Built in 1977, the property includes two interior cranes and one exterior crane, providing a specialized feature for manufacturing-related operations. The space is newly available and offers an established commercial building configuration for an owner-user or other business operation.
Key Highlights
- 35,300‑square‑foot manufacturing property
- Two interior cranes and 1 exterior crane
- PD‑M zoning
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
$169,923
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
4.04%
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%
$3,398,460
$3.4M
Cap Rate 7%
$2,427,471
$2.4M
Cap Rate 9%
$1,888,033
$1.9M
Market Conditions
NOI Build-Up for 35,300 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
$209.3K $5.93/SF
− Vacancy
−$9.4K −$0.27/SF
EGI
$199.9K $5.66/SF
− OpEx
−$30.0K −$0.85/SF
NOI
$169.9K $4.81/SF
Area
St. Louis County, MO
Vacancy
4.50%
Lease Rate
$5.93 /SF/Yr
Expense Ratio
15.00%
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%
$3,398,460
Cap Rate 7%
$2,427,471
Cap Rate 9%
$1,888,033
Alternative Uses
Best Use
Warehouse
$2.43M
$2.12M – $2.83M
NOI $169,923 @ 7.0% cap · market cap 4.04%
Second Best
Industrial
$2.00M
$1.75M – $2.33M
NOI $139,936 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$7.58M
$6.63M – $8.84M
NOI $530,320 @ 7.0% cap · market cap 12.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,375
Businesses Nearby
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.
Frequently Asked Questions
What type of property is this?
Manufacturing property - PD-M zoning with office and warehouse areas supports a range of commercial operations.
Where is this manufacturing property located?
The property is located at 11640 Adie Rd Maryland Maryland Heights, MO.
What is the asking price?
The asking price for this property is $4,204,920.
What are key features of this property?
This property features: 35,300‑square‑foot manufacturing property; Two interior cranes and 1 exterior crane; PD‑M zoning
