Office/Warehouse Building with Dock
For Sale
Contact for pricing
2322 S 7th St St, Louis, MO 63104
Office and warehouse space with three dock doors, five offices, and private restrooms under an NNN lease structure.
Property Size19,500 SF
Price / SF$86.92
Days on Market84
Property Features for 2322 S 7th St St
General Information
Standard status
Active
Size
19,500 SF
Property subtype
INDUSTRIAL
Listing Agency:
Kramer Commercial Realty
(314) 221-6278
Listed By:
Mark R Kramer · License #2007037354
(314) 221-6278
Source:
Moodyscre
Added: May 11
Changed: Jul 25
Last Checked: Jul 25 at 8:53PM
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 Kramer Commercial Realty
Investment Insights
Based on property information with market context.
This office/warehouse building offers an adaptable layout featuring open floor space, five offices, and five private restrooms. The property includes three dock doors, supporting practical loading and distribution needs. The offering is described as an NNN lease, with taxes and insurance referenced in the published remarks.
The building is located in the heart of the Soulard neighborhood, with access to major highways including I-55, I-44, and I-64. The listing notes quick commutes across the St. Louis metro area and proximity to downtown St. Louis, major retail centers, and restaurants.
With approximately 19,500 square feet of combined office and warehouse use, the configuration is designed to support operations that require both work space and logistics/loading capability.
The building is located in the heart of the Soulard neighborhood, with access to major highways including I-55, I-44, and I-64. The listing notes quick commutes across the St. Louis metro area and proximity to downtown St. Louis, major retail centers, and restaurants.
With approximately 19,500 square feet of combined office and warehouse use, the configuration is designed to support operations that require both work space and logistics/loading capability.
Key Highlights
- 19,500 +/- SF adaptable office/warehouse space
- 3 dock doors
- 5 offices and open floor layout
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $115.6k | $5.93 |
| − Vacancy | −$5.2k | −$0.27 |
| EGI | $110.4k | $5.66 |
| − OpEx | −$16.6k | −$0.85 |
| NOI | $93.9k | $4.81 |
19,500 SF · lease $5.93/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Office B
$3.40M
$2.97M – $3.97M
NOI $237,967 @ 7.0% cap · market cap 14.04%
Second Best
Warehouse
$1.34M
$1.17M – $1.56M
NOI $93,867 @ 7.0% cap · market cap 5.54%
Theoretical Best
Office A
$4.19M
$3.66M – $4.88M
NOI $292,953 @ 7.0% cap · market cap 17.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
497
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 63104, MO
19,317
Population
10,958
Households
1.8
Avg Household Size
34
Median Age
54%
College-Educated
94%
High-School Grad
3.4 sq mi
ZIP Area
5,681
Density / Sq Mi
$70,127
Median Household Income
$53,693
Median Earnings
$1,054
Median Rent
$249,500
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Two Times Catering — 1530 S 7th St, St. Louis, MO 63104
- Patty Long Catering — 112 Sidney St, St. Louis, MO 63104
- Beyond Broadway — 112 Sidney St, St. Louis, MO 63104
Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse space with three dock doors, five offices, and private restrooms under an NNN lease structure.
Where is this flex space located?
The property is located at 2322 S 7th St St Louis, MO.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: 19,500 +/- SF adaptable office/warehouse space; 3 dock doors; 5 offices and open floor layout
