Multi-Building Warehouse and
For Sale
Contact for pricing
11843 Missouri Bottom Rd, Hazelwood, MO 63042
Two warehouses with drive-in doors and high clear height, plus a separate office building for administrative support.
Property Size19,720 SF
Price / SF$73.53
Days on Market54
Property Features for 11843 Missouri Bottom Rd
General Information
Standard status
Active
Size
19,720 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
19 ft
Drive-In Doors
4
Listing Agency:
Hilliker Corporation
(314) 781-0001
Listed By:
Holland "Buddy" Chalfant
Source:
Moodyscre
Added: Jun 25
Changed: Jul 10
Last Checked: Aug 16 at 8:15AM
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 Hilliker Corporation
Investment Insights
Based on property information with market context.
The property includes two warehouse buildings and a standalone office building, offering a straightforward owner-occupant or tenant mix. Warehouse 1 provides 2,961± SF of warehouse space with one drive-in door and 17’ clear height, along with 630± SF of office space described as a phantom drive. Warehouse 2 totals 5,850± SF with three drive-in doors and 19’ clear height.
An additional office building rounds out the package with 10,900± SF of office space. The office layout includes an open office area, private offices, a conference room, a common area with kitchenette, and multiple restrooms.
For operations needing both storage and on-site administration, this configuration supports day-to-day functions in one consolidated property. The warehouse clear heights and drive-in access are designed for practical loading and storage, while the dedicated office improvements provide meeting and workspace options separate from the warehouse areas. The combination of multiple drive-in doors across the warehouse buildings can be useful for scheduling shipments and receiving workflows, depending on a tenant’s operating needs.
An additional office building rounds out the package with 10,900± SF of office space. The office layout includes an open office area, private offices, a conference room, a common area with kitchenette, and multiple restrooms.
For operations needing both storage and on-site administration, this configuration supports day-to-day functions in one consolidated property. The warehouse clear heights and drive-in access are designed for practical loading and storage, while the dedicated office improvements provide meeting and workspace options separate from the warehouse areas. The combination of multiple drive-in doors across the warehouse buildings can be useful for scheduling shipments and receiving workflows, depending on a tenant’s operating needs.
Key Highlights
- Warehouse 1: 2,961± SF with a drive‑in door and 17’ clear height
- Warehouse 2: 5,850± SF with 3 drive‑in doors and 19’ clear height
- Separate office building totaling 10,900± SF with conference room, open office, private offices, and multiple restrooms
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
$94,926
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
6.55%
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%
$1,898,520
$1.9M
Cap Rate 7%
$1,356,086
$1.4M
Cap Rate 9%
$1,054,733
$1.1M
Market Conditions
NOI Build-Up for 19,720 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
$116.9K $5.93/SF
− Vacancy
−$5.3K −$0.27/SF
EGI
$111.7K $5.66/SF
− OpEx
−$16.8K −$0.85/SF
NOI
$94.9K $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%
$1,898,520
Cap Rate 7%
$1,356,086
Cap Rate 9%
$1,054,733
Alternative Uses
Best Use
Office B
$3.44M
$3.01M – $4.01M
NOI $240,652 @ 7.0% cap · market cap 16.60%
Second Best
Warehouse
$1.36M
$1.19M – $1.58M
NOI $94,926 @ 7.0% cap · market cap 6.55%
Theoretical Best
Office A
$4.23M
$3.70M – $4.94M
NOI $296,258 @ 7.0% cap · market cap 20.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
19 ft
Clear height
4
Drive-in doors
Location Intelligence
Trade Area within ½ mile
117
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 63042, MO
19,646
Population
9,619
Households
2
Avg Household Size
36
Median Age
23%
College-Educated
92%
High-School Grad
10.4 sq mi
ZIP Area
1,889
Density / Sq Mi
$49,384
Median Household Income
$34,292
Median Earnings
$939
Median Rent
$138,800
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Two warehouses with drive-in doors and high clear height, plus a separate office building for administrative support.
Where is this flex space located?
The property is located at 11843 Missouri Bottom Rd Hazelwood, MO.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Warehouse 1: 2,961± SF with a drive‑in door and 17’ clear height; Warehouse 2: 5,850± SF with 3 drive‑in doors and 19’ clear height; Separate office building totaling 10,900± SF with conference room, open office, private offices, and multiple restrooms
