Industrial Building with Outside
9550 True Dr Saint Louis, MO
For Sale
Contact for pricing
46,237 SF industrial building on 2.8 acres.
Property Size46,237 SF
Lot Size2.80 Acres
Price / SF$52.99
Days on Market491
Property Features for 9550 True Dr
General Information
- Standard status
- Active
- Size
- 46,237 SF
- Lot size
- 2.80 Acres
- Property subtype
- INDUSTRIAL
Listing Agency:
Savoy Properties, LLC
(314) 283-9235
Listed By:
Ben Friedman
(314) 283-9235
Source:
Moodyscre
Added: Mar 20, 2025
Changed: Jul 6
Last Checked: Jul 21 at 4:13AM
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 Savoy Properties, LLC
Investment Insights
Based on property information with market context.
The property features a 46,237 square foot building situated on 2.8 acres. It includes a large fenced lot suitable for outside storage of vehicles, equipment, or materials. The building contains approximately 4,000 square feet of existing office space. Loading is facilitated by 1 dock and 2 drive-in doors. There is potential to add 2 additional docks. The property is equipped with heavy power and provides 35 striped car parking spaces in addition to the fenced lot.
Key Highlights
- Large 46,237 square foot building on 2.8 acres
- Large fenced lot for outside storage
- Heavy power
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 | $274.2k | $5.93 |
| − Vacancy | −$12.3k | −$0.27 |
| EGI | $261.8k | $5.66 |
| − OpEx | −$39.3k | −$0.85 |
| NOI | $222.6k | $4.81 |
46,237 SF · lease $5.93/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.18M
$2.78M – $3.71M
NOI $222,570 @ 7.0% cap · market cap 9.08%
Second Best
Industrial
$2.62M
$2.29M – $3.05M
NOI $183,293 @ 7.0% cap · market cap 7.48%
Theoretical Best
Office A
$9.92M
$8.68M – $11.58M
NOI $694,629 @ 7.0% cap · market cap 28.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
Similar Off Market Nearby
- Helsinki Self Storage Facility — 9387 Dielman Industrial Dr, Olivette, MO 63132
- A1 U Store It — 10000 Page Ave, St. Louis, MO 63132
- Extra Space Storage — 1600 Woodson Rd, St. Louis, MO 63114
FAQs
What type of property is this?
Warehouse - 46,237 SF industrial building on 2.8 acres.
Where is this warehouse located?
The property is located at 9550 True Dr Saint Louis, MO.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Large 46,237 square foot building on 2.8 acres; Large fenced lot for outside storage; Heavy power
