Building Details

Year Built 1979

Year Renovated 2019

Stories 2

Tenancy Single

Listing Agency: Lee & Associates - Saint Louis

Listed By: David Zeigler, SIOR · License #MO 1999127405

Source: Crexi

Added: Apr 4 Changed: Oct 25 Last Checked: Oct 28 at 6:33AM

Report an Issue

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 Lee & Associates - Saint Louis

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This for-sale flex industrial building is listed as a combination of warehouse and office unit space, totaling 10,528 square feet. The property is represented under multiple commercial categories, including flex space, industrial properties, warehouses, and office units.

The address is 2222 Mason Lane in Ballwin, Missouri. Additional details on interior layout, condition, or specific improvements were not provided in the available information.

Key Highlights

• Flex/industrial property at 2222 Mason Lane, Ballwin, MO 63021
• Warehouse and office unit space totaling 10,528 SF
• Built in 1979

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$50,678

Cap Rate

3.38%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,013,560 $1.0M

Cap Rate 7%

$723,971 $724.0K

Cap Rate 9%

$563,089 $563.1K

Is this asking price fair?

Market Conditions

NOI Build-Up for 10,528 SF

Gross rent

$62.4K $5.93/SF

− Vacancy

−$2.8K −$0.27/SF

EGI

$59.6K $5.66/SF

− OpEx

−$8.9K −$0.85/SF

NOI

$50.7K $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 Rate 5%

$1,013,560

Cap Rate 7%

$723,971

Cap Rate 9%

$563,089

Alternative Uses

Best Use

Warehouse

$724.0K

$633.5K – $844.6K (±1% cap)

NOI $50,678 @ 7.0% cap · market cap 3.38%

Second Best

Industrial

$596.2K

$521.7K – $695.6K (±1% cap)

NOI $41,735 @ 7.0% cap · market cap 2.78%

Theoretical Best

Office A

$2.26M

$1.98M – $2.64M (±1% cap)

NOI $158,165 @ 7.0% cap · market cap 10.54%

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

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Restaurant Building Supply Auto Repair Shop Auto Parts Store Real Estate Agency Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

567

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 63021, MO

56,680

Population

22,982

Households

2.5

Avg Household Size

41

Median Age

62%

College-Educated

98%

High-School Grad

21.8 sq mi

ZIP Area

2,600

Density / Sq Mi

$113,822

Median Household Income

$58,800

Median Earnings

$1,362

Median Rent

$324,300

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

Low-Rise Office Building

174 Clarkson Road, Ballwin, MO 63011

$3,500,000

0.99 Acres

View details

Equestrian Property with Indoor Arena

15811 Jedberg Ln, Ballwin, MO 63021

$1,595,000

View details

Small Office Suite with Private Offices

4-410 Sovereign Ct, Ballwin, MO 63011

$150,000

920 SF

View details

Office Condo with Conference Room

13-410 Sovereign Ct, Ballwin, MO 63011

$159,900

View details

Frequently Asked Questions

What type of property is this?

Flex space - For sale flex/industrial property offering warehouse and office unit space totaling 10,528 square feet.

Where is this flex space located?

The property is located at 2222 Mason Lane Ballwin, MO.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: Flex/industrial property at 2222 Mason Lane, Ballwin, MO 63021; Warehouse and office unit space totaling 10,528 SF; Built in 1979