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Industrial Warehouse with Storage
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2247 Cassens Dr, Fenton, MO 63026

Warehouse and production space includes office areas, loading docks, and fenced outdoor storage.

Property Size24,798 SF
Lot Size2.24 Acres
Price / SF$131.06
Days on Market48

Property Features for 2247 Cassens Dr

General Information

Standard status Active
Size 24,798 SF
Lot size 2.24 Acres
Property subtype INDUSTRIAL
Zoning IP-1

Site & Location

Highway Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Office Build-Out 6,000 SF
Dock-High Doors 4
Drive-In Doors 1

Building Details

Buildings 1
Building Size 24,798 SF
Listing Agency: Intelica CRE
Listed By: Austin Dazey · License #2022009329
Source: Moodyscre
Added: Sep 15 Changed: Oct 26 Last Checked: Nov 1 at 2:55AM

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 Intelica CRE

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

Investment Insights

Based on property information with market context.

The property includes a 24,798 SF industrial building on a +/- 2.24-acre site. Approximately 6,000 SF is configured as office space, with the balance designated for warehouse and production operations. A fenced outdoor storage area adds roughly half an acre of usable yard space.

Loading infrastructure includes four dock positions equipped with pit levelers and one oversized drive-in door. The property is zoned IP-1 and is located near I-44 and I-270 at 2247 Cassens Dr in Fenton, Missouri.

Key Highlights

  • 24,798 SF industrial building on a +/- 2.24‑acre site
  • Approximately 6,000 SF of office space with remaining area for warehouse/production use
  • Half acre of fenced outside storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$119,370
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,387,400 $2.4M
Cap Rate 7%
$1,705,286 $1.7M
Cap Rate 9%
$1,326,333 $1.3M
Market Conditions
NOI Build-Up for 24,798 SF
Gross rent
$147.1K $5.93/SF
− Vacancy
−$6.6K −$0.27/SF
EGI
$140.4K $5.66/SF
− OpEx
−$21.1K −$0.85/SF
NOI
$119.4K $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 Rate 5%
$2,387,400
Cap Rate 7%
$1,705,286
Cap Rate 9%
$1,326,333

Alternative Uses

Best Use
Warehouse
$1.71M
$1.49M – $1.99M (±1% cap)
NOI $119,370 @ 7.0% cap · market cap 3.67%
Second Best
Industrial
$1.40M
$1.23M – $1.64M (±1% cap)
NOI $98,304 @ 7.0% cap · market cap 3.02%
Theoretical Best
Office A
$5.32M
$4.66M – $6.21M (±1% cap)
NOI $372,546 @ 7.0% cap · market cap 11.46%
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

Cummins Sales and Service Industrial Manufacturer

Suggested Use

Top Pick Dental Office Auto Parts Store Bakery (Bike/Boat/Book/etc) Store Law Firm Skin Care Clinic

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

4
Dock-high doors
1
Drive-in doors
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

369
Businesses Nearby
Well-served
Demand for This Use

Demographics for 63026, MO

44,648
Population
18,051
Households
2.5
Avg Household Size
41
Median Age
40%
College-Educated
93%
High-School Grad
25.3 sq mi
ZIP Area
1,765
Density / Sq Mi
$96,145
Median Household Income
$48,827
Median Earnings
$1,091
Median Rent
$281,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 Off Market Nearby

  • Mayflower Movers of St. Louis — 1 Mayflower Dr, Fenton, MO 63026
  • United Van Lines Movers St. Louis — 1 United Dr, Fenton, MO 63026
  • Life Storage - Fenton — 485 N Hwy Dr, Fenton, MO 63026
  • Guardian Relocation - Atlas Van Lines — 2223 Hitzert Ct, Fenton, MO 63026

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse and production space includes office areas, loading docks, and fenced outdoor storage.
Where is this warehouse located?
The property is located at 2247 Cassens Dr Fenton, MO.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: 24,798 SF industrial building on a +/- 2.24‑acre site; Approximately 6,000 SF of office space with remaining area for warehouse/production use; Half acre of fenced outside storage
(636) 346-3490 Call to check price and availability
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