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    Hazelwood Warehouse Space Available Title is generated by Realmo AI

    1619 Park 370 Place, Hazelwood, MO 63042

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    For Lease
    $5 SF/Yr $93,431/Mo (calc)

    213,558 SF warehouse with convenient highway access.

    Type:Industrial
    Property size:
    213,558 SF
    Added:
    Nov 22, 2025
    Days on Market:
    191
    Last Refresh:
    May 19 at 8:51 pm

    Property Features for 1619 Park 370 Place

    General Information

    Standard status
    Active
    Size
    213,558 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Jon Hinds

    Listing agent Jon Hinds

    Listing office CBRE

    Listing date Nov 22, 2025

    Source Cbre

    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 CBRE

    HighLights

    • 100% fully climate controlled with roof‑mounted heating & A/C units
    • Convenient access to I‑270 and I‑70, and a 12‑minute drive to St. Louis Lambert International Airport
    • 30’ Clear Height
    • 24 Dock Doors (9’ x 10’) with levers & seals (expandable)
    • LED Lighting
    • ESFR Sprinkler System

    Overview

    This 213,558-square-foot warehouse is located off of 370, providing convenient access to I-270 and I-70, and is a 12-minute drive to St. Louis Lambert International Airport. Constructed in 2006, the building features concrete tilt-wall exterior walls and an EPDM Firestone roof. The building dimensions are 490 feet by 450 feet, with a coverage ratio of 43.46%. The column spacing is 50 feet by 40 feet, with a 50-foot by 50-inch staging bay. Loading is facilitated by a cross-dock configuration, 24 dock doors (9 feet by 10 feet) with levers and seals that are expandable, and 4 drive-in doors (12 feet by 14 feet). The truck court is 130 feet of concrete and asphalt. There are 102 car parking spaces and 19 trailer parking spaces. The building is 100% fully climate controlled with roof-mounted heating and A/C units. It has a clear height of 30 feet and LED lighting. Special features include a 10,606 SF Aerosol can cage. The foundation is 6 feet of concrete, and the property is equipped with an ESFR sprinkler system. The office finish comprises 2,254 square feet. The property sits on approximately 11.28 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    luxco Industrial Manufacturer Legacy pharmacy Pharmacy

    Suggested Use

    Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Auto Parts Store Gym & Fitness Center Department Store Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • GHC Services — 4824 Park 370 Blvd, Hazelwood, MO 63042
    • Dodge Moving & Storage — 1500 Tradeport Dr SUITE 300, Hazelwood, MO 63042
    • Mygrant Glass — Hazelwood, MO 63042

    Location Insight

    • Map
    • Local Demand
    City
    Hazelwood
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.4063
    Latitude
    38.794

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    FAQs

    What type of property is this?
    Warehouse - 213,558 SF warehouse with convenient highway access.
    Where is this warehouse located?
    The property is located at 1619 Park 370 Place Hazelwood, MO.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: 100% fully climate controlled with roof‑mounted heating & A/C units; Convenient access to I‑270 and I‑70, and a 12‑minute drive to St. Louis Lambert International Airport; 30’ Clear Height
    (314) 655-6026
    We can help!
    Listing Contact
    Jon Hinds
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    1619 Park 370 Place, Hazelwood, MO, 63042
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