Building Details

Building Size 11,246 SF

Year Built 2006

Buildings 2

Stories 1

Construction pre-engineered steel

Listing Agency: Flowers Home Realty i***@flowershomerealty.com Show Phone

Listed By: Marletta Flowers · License #2006018112 Show Phone

Source: Flowershomerealty

Added: Oct 7 Changed: Oct 25 Last Checked: Oct 23 at 1:28PM

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Investment Insights

Based on property information with market context.

This flex property comprises two buildings totaling approximately 11,246 SF. The 7,625 SF main structure is pre-engineered steel and includes a heated and cooled shop with three 14-foot drive-in doors. Its office area offers a reception space, two private offices, a kitchenette and conference area, and two restrooms. A 1,400 SF mezzanine provides additional storage. The second building contains 3,621 SF of warehouse and storage space with five drive-in doors.

The property occupies approximately 1.15 acres, with a graveled lot and frontage on two sides. It is located in Montgomery City, with access to the greater Montgomery County market and the I-70 corridor connecting Mid-Missouri communities and the wider region. The property is identified as suitable for contractor, service, trade, distribution, and equipment operations, as well as owner-users needing office and shop or warehouse space.

Key Highlights

• Two buildings with a combined 11,246 SF
• 7,625 SF main building includes a heated and cooled shop and approximately 1,400 SF of office space
• Three 14' drive‑in doors in the main building

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$56,955

Cap Rate

6.70%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,139,100 $1.1M

Cap Rate 7%

$813,643 $813.6K

Cap Rate 9%

$632,833 $632.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 11,246 SF

Gross rent

$69.7K $6.20/SF

− Vacancy

−$2.7K −$0.24/SF

EGI

$67.0K $5.96/SF

− OpEx

−$10.1K −$0.89/SF

NOI

$57.0K $5.06/SF

Area

Montgomery County, MO

Vacancy

3.90%

Lease Rate

$6.20 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,139,100

Cap Rate 7%

$813,643

Cap Rate 9%

$632,833

Alternative Uses

Best Use

Flex RnD

$2.22M

$1.94M – $2.59M (±1% cap)

NOI $155,180 @ 7.0% cap · market cap 18.26%

Second Best

Warehouse

$813.6K

$711.9K – $949.3K (±1% cap)

NOI $56,955 @ 7.0% cap · market cap 6.70%

Theoretical Best

Specialty Retail

$4.04M

$3.54M – $4.72M (±1% cap)

NOI $283,132 @ 7.0% cap · market cap 33.31%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Central Heating & Cooling ... HVAC Service

Suggested Use

Top Pick Auto Parts Store Electrical Service Plumbing Service Grocery & Convenience Store Bakery HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8

Drive-in doors

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

2

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 63361, MO

4,334

Population

2,253

Households

1.9

Avg Household Size

43

Median Age

22%

College-Educated

91%

High-School Grad

161.0 sq mi

ZIP Area

27

Density / Sq Mi

$54,091

Median Household Income

$39,806

Median Earnings

$724

Median Rent

$180,000

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Frequently Asked Questions

What type of property is this?

Flex space - Separate office, shop, warehouse, and storage areas support a range of commercial operations.

Where is this flex space located?

The property is located at 1230 Aguilar Drive Montgomery City, MO.

What is the asking price?

The asking price for this property is $850,000.

What are key features of this property?

This property features: Two buildings with a combined 11,246 SF; 7,625 SF main building includes a heated and cooled shop and approximately 1,400 SF of office space; Three 14' drive‑in doors in the main building