Flex Space with Oversized
For Sale
$1,195,000
19199 Quarry Road, Warrenton, MO 63383
Commercial Sale, Unincorporated, MO
Property Size18,312 SF
Lot Size7.25 Acres
Price / SF$65.26
Days on Market47
Property Features for 19199 Quarry Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Oversize, Parking Lot, Garage, Open, RV
Security features
Security System
Appliances
Propane Cooktop, Dishwasher, Ice Maker, Microwave, Electric Oven, Refrigerator, Electric Water Heater
Subdivision
Complex
Directions
From Highway 70 head South on Highway 47 to Quarry Rd.
Standard status
Active
APN
10-09.0-0-00-078.000.000
Lot size
7.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
See title report
Tax Annual Amount
17317
Legal Description
See title report
Utilities
Utilities
Propane
Heating system
Forced Air, Electric (Heating)
Cooling system
Exhaust Fan (Cooling), Central Air, Multi Units, Ceiling Fan(s)
Water source
Public
Building Details
Year built
2022
Floors in Building
2
Flooring type
Concrete
Building materials
Batts Insulation, Concrete, Foam Insulation, Frame, Slump Block, Spray Foam Insulation, Vinyl Siding
Listing Agency:
Lauderdale Realty
(636) 828-4246
Listed By:
Dan Lauderdale · License #2005030797
(314) 504-5787
Added: Jul 22
Changed: Sep 5
Last Checked: Sep 6 at 6:06AM
MLS# 26018871
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 7.25+/- acre C1-zoned property includes two buildings totaling 18,312 sq ft under roof. The approximately 5,212-square-foot building combines office and living areas with two 60-foot pull-through bays, an inspection balcony, and multiple garage doors. One bay measures 27 feet wide and includes a 12-foot-tall by 16-foot-wide door; the second measures 16 feet wide and has two 10-foot by 10-foot doors.
The approximately 13,100-square-foot second building was planned for fabrication and tool-and-die operations. Both structures provide concrete flooring, and the improvements were built in 2022. The property is positioned at the corner of Highway 47 and Quarry Road in Warren County, with public water and propane service.
The approximately 13,100-square-foot second building was planned for fabrication and tool-and-die operations. Both structures provide concrete flooring, and the improvements were built in 2022. The property is positioned at the corner of Highway 47 and Quarry Road in Warren County, with public water and propane service.
Key Highlights
- 7.25+/- acre C1‑zoned property at Highway 47 and Quarry Road
- Two buildings total 18,312 sq ft under roof
- Approximately 5,212 sq ft building with office, living space, and two 60‑foot pull‑through bays
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
$90,123
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
7.54%
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%
$1,802,460
$1.8M
Cap Rate 7%
$1,287,471
$1.3M
Cap Rate 9%
$1,001,367
$1.0M
Market Conditions
NOI Build-Up for 18,312 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
$109.9K $6.00/SF
− Vacancy
−$3.8K −$0.21/SF
EGI
$106.0K $5.79/SF
− OpEx
−$15.9K −$0.87/SF
NOI
$90.1K $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 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%
$1,802,460
Cap Rate 7%
$1,287,471
Cap Rate 9%
$1,001,367
Alternative Uses
Best Use
Flex RnD
$2.42M
$2.12M – $2.83M
NOI $169,615 @ 7.0% cap · market cap 14.19%
Second Best
Warehouse
$1.29M
$1.13M – $1.50M
NOI $90,123 @ 7.0% cap · market cap 7.54%
Theoretical Best
Office A
$4.53M
$3.96M – $5.28M
NOI $317,006 @ 7.0% cap · market cap 26.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 63383, MO
15,340
Population
6,523
Households
2.4
Avg Household Size
41
Median Age
17%
College-Educated
90%
High-School Grad
160.1 sq mi
ZIP Area
96
Density / Sq Mi
$75,833
Median Household Income
$39,152
Median Earnings
$1,021
Median Rent
$227,600
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - C1-zoned property with office, living, fabrication, and storage capabilities.
Where is this flex space located?
The property is located at 19199 Quarry Road Warrenton, MO.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: 7.25+/- acre C1‑zoned property at Highway 47 and Quarry Road; Two buildings total 18,312 sq ft under roof; Approximately 5,212 sq ft building with office, living space, and two 60‑foot pull‑through bays
