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    Westport Area Industrial Warehouse Title is generated by Realmo AI

    2303 Schuetz Rd, Maryland Heights, MO

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    87,700 SF industrial warehouse with convenient highway access.

    Type:INDUSTRIAL
    Property size:
    87,700 SF
    Lot size:
    4.44 Acres
    Price / SF:
    $78/SF
    Added:
    Mar 10, 2025
    Days on Market:
    461
    Last Refresh:
    May 19 at 10:55 pm

    Property Features for 2303 Schuetz Rd

    General Information

    Standard status
    Active
    Size
    87,700 SF
    Lot size
    4.44 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Matt Bukhshtaber

    Listing agent William Mura

    Listing office CBRE

    Listing date Mar 10, 2025

    Source Moodyscre

    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 CBRE

    HighLights

    • Excellent Location: Prominently located at the intersection on Schuetz and Westline in the Westport Submarket with easy access to Hwy 364, I‑270 and I‑70.
    • Substantial Size: Total of 87,700 SF on 4.43 acres.
    • Ample Loading Docks: Features a total of 6 docks (3 front, 3 rear) including levelers.
    • Significant Power Supply: Equipped with 2,500 amps of 480 volt 3‑phase electricity.
    • Dedicated Office Space: Includes +/- 14,000 SF of office space.
    • Adequate Parking: Provides 109 car spaces.

    Overview

    This 87,700 square foot industrial property, constructed in 1970, features approximately 14,000 square feet of office space and is situated on 4.43 acres. The masonry building offers loading capabilities with three front docks, including two 8-foot by 8-foot docks and one 10-foot by 8-foot dock. The rear of the building has three 10-foot by 8-foot docks, two of which are equipped with levelers. The interior provides ceiling heights ranging from 16 to 20 feet. The property includes 109 parking spaces. Located at the intersection of Schuetz Road and Westline in the Westport submarket, the property provides convenient access to Highway 364, I-270, and I-70. The electrical capacity is 2,500 amps of 480 volt 3-phase.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $520.1k $5.93
    − Vacancy −$23.4k −$0.27
    EGI $496.7k $5.66
    − OpEx −$74.5k −$0.85
    NOI $422.2k $4.81
    87,700 SF · lease $5.93/SF/yr · vacancy 4.50% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $6.03M
    $5.28M – $7.04M (±1% cap)
    NOI $422,160 @ 7.0% cap · market cap 6.12%
    Second Best
    Industrial
    $4.97M
    $4.35M – $5.79M (±1% cap)
    NOI $347,661 @ 7.0% cap · market cap 5.04%
    Theoretical Best
    Office A
    $18.82M
    $16.47M – $21.96M (±1% cap)
    NOI $1,317,537 @ 7.0% cap · market cap 19.09%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Auto Repair Shop Big Box & Wholesale Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Public Storage — 11580 Page Service Dr, St. Louis, MO 63146
    • Recall — 2270 Schuetz Rd, St. Louis, MO 63146, United States
    • Life Storage - St Louis — 11433 Page Service Dr, St. Louis, MO 63146
    • Refrigerated Food Building Real Estate Broker — 1564 Meadowside Dr, St. Louis, MO 63146

    Location Insight

    • Map
    • Local Demand
    City
    Maryland Heights
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.4328
    Latitude
    38.7069

    FAQs

    What type of property is this?
    Warehouse - 87,700 SF industrial warehouse with convenient highway access.
    Where is this warehouse located?
    The property is located at 2303 Schuetz Rd Maryland Heights, MO.
    What is the asking price?
    The asking price for this property is $6,900,000.
    What are key features of this property?
    This property features: Excellent Location: Prominently located at the intersection on Schuetz and Westline in the Westport Submarket with easy access to Hwy 364, I‑270 and I‑70.; Substantial Size: Total of 87,700 SF on 4.43 acres.; Ample Loading Docks: Features a total of 6 docks (3 front, 3 rear) including levelers.
    (314) 655-6000 Call to check price and availability
    More about this property
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