Building Details

Buildings 2

Listed By: Rick Messey Show Phone

Source: Cbre

Added: Sep 1 Changed: Oct 7 Last Checked: Oct 16 at 8:13AM

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Investment Insights

Based on property information with market context.

This manufacturing property comprises two standalone buildings totaling 16,300 square feet on 3.35 acres of commercial-industrial zoned land. The improvements are connected by a secured 1-acre compound enclosed with a heavy-duty security fence and accessed through a 20-foot-wide gate, providing controlled storage and equipment access.

The property fronts Interstate 70 in Wright City, Missouri, with reported traffic exceeding 50,000 vehicles per day. A prominent backlit billboard-style sign provides visibility for the property, occupants, or business operations. The combination of substantial building area, secured outdoor space, highway exposure, and industrial zoning creates a functional setting for manufacturing and related commercial uses.

Key Highlights

• Two standalone buildings totaling 16,300 square feet
• 3.35 acres of commercial‑industrial zoned land
• Direct Interstate 70 exposure with over 50,000 vehicles per day

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$80,220

Cap Rate

3.82%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,604,400 $1.6M

Cap Rate 7%

$1,146,000 $1.1M

Cap Rate 9%

$891,333 $891.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 16,300 SF

Gross rent

$97.8K $6.00/SF

− Vacancy

−$3.4K −$0.21/SF

EGI

$94.4K $5.79/SF

− OpEx

−$14.2K −$0.87/SF

NOI

$80.2K $4.92/SF

Area

Warren County, MO

Vacancy

3.50%

Lease Rate

$6.00 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,604,400

Cap Rate 7%

$1,146,000

Cap Rate 9%

$891,333

Alternative Uses

Best Use

Warehouse

$1.15M

$1.00M – $1.34M (±1% cap)

NOI $80,220 @ 7.0% cap · market cap 3.82%

Second Best

Industrial

$943.8K

$825.8K – $1.10M (±1% cap)

NOI $66,064 @ 7.0% cap · market cap 3.15%

Theoretical Best

Office A

$4.03M

$3.53M – $4.70M (±1% cap)

NOI $282,176 @ 7.0% cap · market cap 13.44%

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

Property Analytics

Current Use

Fox Creek Furniture Furniture & Home Goods FoxCreek Custom Cabinets General Contractor

Suggested Use

Top Pick Building Supply HVAC Service Dental Office Grocery & Convenience Store Big Box & Wholesale Store Kitchen & Bath Showroom

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

Yes

Fenced yard

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

140

Businesses Nearby

Explore this area Business Placement

Demographics for 63390, MO

11,982

Population

5,681

Households

2.1

Avg Household Size

38

Median Age

24%

College-Educated

84%

High-School Grad

78.2 sq mi

ZIP Area

153

Density / Sq Mi

$79,803

Median Household Income

$42,297

Median Earnings

$872

Median Rent

$244,500

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

Similar For Sale Nearby

See more

Flex Space with Mezzanine

28300 N Wind Drive, Wright City, MO 63390

$900,000

0.50 Acres

View details

Office Building and Heavy Industrial Land

410 E 1st St, Wright City, MO 63390

$2,475,000

18,000 SF

View details

Frequently Asked Questions

What type of property is this?

Manufacturing property - Two standalone buildings offer industrial functionality on commercially zoned land with direct Interstate 70 exposure.

Where is this manufacturing property located?

The property is located at 15970 East Veterans Memorial Parkway Wright City, MO.

What is the asking price?

The asking price for this property is $2,100,000.

What are key features of this property?

This property features: Two standalone buildings totaling 16,300 square feet; 3.35 acres of commercial‑industrial zoned land; Direct Interstate 70 exposure with over 50,000 vehicles per day