Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6038 N Lindbergh Blvd Hazelwood, MO

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    55,000 SF warehouse featuring a new repair garage.

    Type:INDUSTRIAL
    Property size:
    69,356 SF
    Lot size:
    4.22 Acres
    Price / SF:
    $86/SF
    Added:
    Oct 1, 2020
    Days on Market:
    2032
    Last Refresh:
    Apr 5 at 9:36 pm

    Property Features for 6038 N Lindbergh Blvd

    General Information

    Standard status
    Active
    Size
    69,356 SF
    Lot size
    4.22 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Will Meehan
    Will Meehan

    Listing agent Will Meehan License #2017017342

    Listing office JLL | St. Louis

    Listing date Oct 1, 2020

    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 JLL | St. Louis

    Overview

    Hazelwood Warehouse with Repair Garage

    This 55,000 square foot warehouse is located in Hazelwood, MO. The property features ceiling heights of 20 to 22 feet. It includes 11 docks with levelers. The property also contains a new repair garage with 2 doors. The property is situated on a 69,356 square foot lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Enson St. Louis, ... Big Box & Wholesale Store Entrematic St. Louis Building Supply

    Suggested Use

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

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

    Similar Places Nearby

    • U-Box — 8957 Dunn Rd, Hazelwood, MO 63042
    • Self-Storage at U-Haul — 8961 Dunn Rd, Hazelwood, MO 63042
    • Randy Self Storage Unit — 680 Mescalero Ct, Florissant, MO 63031
    • Extra Space Storage — 7220 N Lindbergh Blvd, Hazelwood, MO 63042

    Location Insight

    • Map
    • Local Demand
    City
    Hazelwood
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.362
    Latitude
    38.767

    Nearby Similar for Sale

    • $2,900,000

      Hazelwood Multifamily Investment Opportunity

      35-unit multifamily investment property in Hazelwood, Missouri.
      7300 N Hanley Road, Hazelwood, MO 63042
      View Details
    • $1,900,000
      20,154 SF

      Hazelwood Multifamily Investment Opportunity

      Stabilized 20-unit apartment building in Hazelwood School District.
      7412-7418 Olian Drive, Hazelwood, MO 63042
      View Details
    • $5,000,000
      79,258 SF

      160-Unit Motel Near St. Louis Airport

      Investment opportunity: 160-unit motel suitable for hospitality or apartments.
      7350 N Hanley Road, Hazelwood, MO 63042
      View Details
    • $5,000,000
      79,258 SF

      160-Unit Motel Conversion Opportunity

      Rare investment opportunity near St. Louis airport.
      7350 N Hanley Road, Hazelwood, MO 63042
      View Details
    • $795,000
      2,368 SF

      Hazelwood Auto Shop For Sale

      Auto shop with five service bays and ample parking.
      6119 Dunn Rd, Hazelwood, MO
      View Details
    • $6,000,000
      69,356 SF

      Hazelwood Warehouse with Heavy Power

      69,356 SF warehouse with great highway access for sale.
      6038 N Lindbergh Blvd, Hazelwood, MO 63042
      View Details
    • $10,000,000
      83,277 SF

      Industrial Redevelopment with Outdoor Storage

      Industrial redevelopment with warehouse space and fenced outdoor storage.
      600 James S. McDonnell Boulevard, Hazelwood, MO 63042
      View Details
    • $680,000
      7,000 SF

      Multi-Tenant Office Building For Sale

      Multi-tenant office building suitable for owner/user or investment.
      737 Dunn Rd, Hazelwood, MO 63042
      View Details
    • Contact for pricing
      134,860 SF

      Hazelwood Warehouse Near Airport

      Multi-tenant warehouse near Lambert Airport with upside potential.
      6008-6028 North Lindbergh Boulevard, Hazelwood, MO 63042
      View Details
    • $10,000,000
      83,277 SF

      Warehouse with Outdoor Storage

      83,277 SF warehouse with 4.5 acres of storage.
      600 James S McDonnell Boulevard, Hazelwood, MO 63042
      View Details
    • Contact for pricing
      134,860 SF

      Hazelwood Warehouse with Upside Potential

      Class B warehouse in Hazelwood, MO, near Lambert Airport.
      6008-6026 N Lindbergh Blvd, Hazelwood, MO
      View Details
    • $1,200,000
      10,940 SF

      Hazelwood Warehouse with Expansion Potential

      Warehouse property on 3.75 acres with leasing and expansion opportunities.
      93-95 Ford Ln, Hazelwood, MO
      View Details

    FAQs

    What type of property is this?
    Warehouse - 55,000 SF warehouse featuring a new repair garage.
    Where is this warehouse located?
    The property is located at 6038 N Lindbergh Blvd Hazelwood, MO.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: 55,000 SF of space; Features 11 docks with levelers; Benefit from a 20’-22’ ceiling height
    (314) 338-2080 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Will Meehan
    Will Meehan
    Real Estate License ID: 2017017342
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!