Automotive Repair Building with Overhead
For Sale
$750,000
11721 Dorsett Road, Maryland Heights, MO 63043
Automotive repair building with front parking plus fenced side and rear parking and multiple overhead doors for service access.
Property Size7,932 SF
Lot Size0.65 Acres
Price / SF$94.55
Days on Market301
Property Features for 11721 Dorsett Road
General Information
Standard status
Active
Size
7,932 SF
Lot size
0.65 Acres
Property subtype
Commercial
Additional Details
Fenced Yard
Yes
Taxes and HOA fees
Annual Taxes
$18,542
Amenities
overhead doors
office space upstairs
Building Details
Building Size
7,932 SF
Year Built
1980
Buildings
1
Listing Agency:
Berkshire Hathaway HomeServices Select Properties
(314) 494-8874
Listed By:
Jim VonDerHaar · License #2001013708
(314) 494-8874
Source:
Century21laclede
Added: Oct 31, 2025
Changed: Aug 23
Last Checked: Aug 26 at 9:13AM
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 Berkshire Hathaway HomeServices Select Properties
Investment Insights
Based on property information with market context.
This automotive repair building totals 7,932 SF on a 0.65-acre site and is currently used as an auto repair business. Parking is available in front of the building, with additional fenced parking on the side and behind the building.
Service access is supported by overhead doors throughout the structure, including two overhead doors in front of the building plus six overhead doors on the side. The overhead doors include eight 10x10 doors and one 10x12 door. Steps on the side of the building lead to office space upstairs.
The property is located at 11721 Dorsett Rd in Maryland Heights, MO 63043.
Service access is supported by overhead doors throughout the structure, including two overhead doors in front of the building plus six overhead doors on the side. The overhead doors include eight 10x10 doors and one 10x12 door. Steps on the side of the building lead to office space upstairs.
The property is located at 11721 Dorsett Rd in Maryland Heights, MO 63043.
Key Highlights
- 7,932 SF automotive repair building on 0.65 acres
- Front parking plus fenced parking on side and behind the building
- Overhead doors include eight 10x10 doors and one 10x12 door
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
449
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Napa Auto Parts
Shops & Services
449 visits/mo
0.3 miles
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 Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Auto shop - Automotive repair building with front parking plus fenced side and rear parking and multiple overhead doors for service access.
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 SF automotive repair building on 0.65 acres; Front parking plus fenced parking on side and behind the building; Overhead doors include eight 10x10 doors and one 10x12 door
