Refrigerated Cold Storage
For Sale
$998,800
1570 Page Industrial Court, Overland, MO 63132
Commercial Sale, Overland, MO
Property Size14,000 SF
Lot Size0.83 Acres
Price / SF$71.34
Days on Market25
Property Features for 1570 Page Industrial Court
General Information
Property type
Commercial Sale
Property subtype
Other
Fencing
Privacy, Chain Link
Appliances
Disposal, Freezer, Built-In Freezer, Microwave, Refrigerator, Built-In Refrigerator, Water Heater, Gas Water Heater
Subdivision
Page Indust Center
Directions
Lindbergh Blvd E Page Ave S Page Industrial L on Page Industrial Ct. or Hwy 170 W page Ave S page Industrial L on Page Industrial Ct.
Standard status
Active
APN
16L-43-0401
Lot size
0.83 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Section Point 3
Tax Annual Amount
31213
Legal Description
Section Point 3
Utilities
Utilities
Phone Available
Cooling system
Central Air, Separate Meters, Electric
Amenities
large kitchen/dining room
ADA bathrooms
office with full bath
Building Details
Year built
1961
Floors in Building
1
Flooring type
Tile - Ceramic, Concrete
Building materials
Masonite
Listing Agency:
Select Group Realty · RE/MAX International
(636) 779-8080
Listed By:
Connie Ku
(314) 757-5688
Added: Sep 2
Changed: Sep 26
Last Checked: Sep 26 at 11:06PM
MLS# 26055515
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This single-level office and warehouse property includes a 1,510-square-foot walk-in freezer and a 300-square-foot walk-in cooler. The building also features three work and storage sections, 13'3" clear ceiling height, two front loading docks, and a side drive-in door used for deliveries. Two front entrances and a rear door provide additional access. Interior improvements include an employee kitchen and dining room, separate men’s and women’s bathrooms with ADA access, and an office with an additional full bathroom.
The property occupies 0.83 acres in Page Industrial on a small cul-de-sac street. The fenced, level lot includes parking for 25 cars. Access to I-170, I-270, and I-64 connects the site with surrounding destinations. Built in 1961, the property has concrete and ceramic tile flooring, chain-link and privacy fencing, central air, and separate electric meters.
The property occupies 0.83 acres in Page Industrial on a small cul-de-sac street. The fenced, level lot includes parking for 25 cars. Access to I-170, I-270, and I-64 connects the site with surrounding destinations. Built in 1961, the property has concrete and ceramic tile flooring, chain-link and privacy fencing, central air, and separate electric meters.
Key Highlights
- 1,510‑square‑foot built‑in walk‑in freezer
- 300‑square‑foot walk‑in cooler
- 13'3" clear ceiling height with 2 front loading docks
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$67,391
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.75%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,347,820
$1.3M
Cap Rate 7%
$962,729
$962.7K
Cap Rate 9%
$748,789
$748.8K
Market Conditions
NOI Build-Up for 14,000 SF
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.
Gross rent
$83.0K $5.93/SF
− Vacancy
−$3.7K −$0.27/SF
EGI
$79.3K $5.66/SF
− OpEx
−$11.9K −$0.85/SF
NOI
$67.4K $4.81/SF
Area
St. Louis County, MO
Vacancy
4.50%
Lease Rate
$5.93 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,347,820
Cap Rate 7%
$962,729
Cap Rate 9%
$748,789
Alternative Uses
Best Use
Warehouse
$962.7K
$842.4K – $1.12M
NOI $67,391 @ 7.0% cap · market cap 6.75%
Second Best
Industrial
$792.8K
$693.7K – $925.0K
NOI $55,499 @ 7.0% cap · market cap 5.56%
Theoretical Best
Office A
$3.00M
$2.63M – $3.51M
NOI $210,325 @ 7.0% cap · market cap 21.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
13 ft
Clear height
2
Dock-high doors
1
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
888
Businesses Nearby
Explore this area
Business Placement
Demographics for 63132, MO
14,657
Population
6,253
Households
2.3
Avg Household Size
39
Median Age
62%
College-Educated
97%
High-School Grad
5.2 sq mi
ZIP Area
2,819
Density / Sq Mi
$84,034
Median Household Income
$47,082
Median Earnings
$1,325
Median Rent
$403,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Refrigerated & cold storage - Office and warehouse improvements include freezer and cooler capacity, loading access, drive-in delivery access, and employee amenities.
Where is this refrigerated & cold storage located?
The property is located at 1570 Page Industrial Court Overland, MO.
What is the asking price?
The asking price for this property is $998,800.
What are key features of this property?
This property features: 1,510‑square‑foot built‑in walk‑in freezer; 300‑square‑foot walk‑in cooler; 13'3" clear ceiling height with 2 front loading docks
