Single-Tenant Industrial Building For
13825 Parks Steed Drive Earth City, MO 63045
13825 Parks Steed Drive, Earth City, MO, 63045
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For Sale
Contact for pricing
Single-tenant industrial building in Earth City, Missouri, for sale.
Property Size39,848 SF
Price / SF$87.83
Days on Market62
Property Features for 13825 Parks Steed Drive
General Information
- Standard status
- Active
- Size
- 39,848 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1955
Listing Agency
Marcus & Millichap - Phoenix
Listed by
Tivon Moffitt · License #AZ BR639369000
Source
Crexi
Added: May 18 Checked: Jul 17 at 9:51 am
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 Marcus & Millichap - Phoenix
Investment Insights
Based on property information with market context.
The property is a single-tenant industrial building totaling approximately 39,848 square feet, located at 13825 Parks Steed Drive in Earth City, Missouri. The asset is strategically located within the infill St. Louis industrial corridor. The tenant occupies the facility as its corporate headquarters and sole production location. The tenant has been in the asset since 2012, and recently executed a new seven-year lease extension, reinforcing their long-term commitment. The property benefits from regional connectivity with immediate access to Interstate 70 and Interstate 270.
Key Highlights
- Single‑tenant industrial building totaling ±39,848 square feet.
- Located in the infill St. Louis industrial corridor.
- Tenant operates the facility as its corporate headquarters and sole production location.
Local Financial Insights For Industrial
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 | $236.3k | $5.93 |
| − Vacancy | −$10.6k | −$0.27 |
| EGI | $225.7k | $5.66 |
| − OpEx | −$67.7k | −$1.70 |
| NOI | $158.0k | $3.96 |
39,848 SF · lease $5.93/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Industrial
$2.26M
$1.97M – $2.63M
NOI $157,966 @ 7.0% cap · market cap 4.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.55M
$7.48M – $9.98M
NOI $598,646 @ 7.0% cap · market cap 17.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Industrial properties
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FAQs
What type of property is this?
Industrial property - Single-tenant industrial building in Earth City, Missouri, for sale.
Where is this industrial property located?
The property is located at 13825 Parks Steed Drive Earth City, MO.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Single‑tenant industrial building totaling ±39,848 square feet.; Located in the infill St. Louis industrial corridor.; Tenant operates the facility as its corporate headquarters and sole production location.
