Warehouse with Dock-High
For Sale
Contact for pricing
2441 Northline Industrial Dr, Maryland Heights, MO 63043
Warehouse offering 20' clear height, four dock-high doors, and 400A three-phase power for flexible logistics operations.
Property Size42,090 SF
Price / SF$77.22
Days on Market194
Property Features for 2441 Northline Industrial Dr
General Information
Standard status
Active
Size
42,090 SF
Class
B
Total Parking Spaces
30
Property subtype
Industrial
Zoning
M-2
Warehouse & Industrial
Clear Height
20 ft
Dock-High Doors
4
Heavy Power
Yes
Additional Details
Highway Access
Yes
Building Details
Year Built
1965
Buildings
1
Stories
1
Listing Agency:
LCG Capital Management
Listed By:
Josh Jenkins · License #2025019300
Source:
Crexi
Added: Feb 23
Changed: Sep 2
Last Checked: Sep 4 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 LCG Capital Management
Investment Insights
Based on property information with market context.
2441–2445 Northline Industrial offers highly functional warehouse space now available for sale or lease. The facility includes 20' clear height, efficient column spacing, and 400A three-phase power, supporting a range of distribution and light manufacturing needs. Loading is designed for flexibility with four dock-high doors and multiple drive-in options, along with rail-adjacent potential.
Located in the Maryland Heights industrial corridor, the property provides regional access near I-270, I-70, and Route 364. This positioning supports connectivity across the St. Louis logistics area.
Located in the Maryland Heights industrial corridor, the property provides regional access near I-270, I-70, and Route 364. This positioning supports connectivity across the St. Louis logistics area.
Key Highlights
- 42,090 SF industrial warehouse space in the Maryland Heights industrial corridor
- 20' clear height with efficient column spacing to support warehouse and light manufacturing uses
- 400A 3‑phase power available for manufacturing, distribution, and other industrial operations
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
$202,608
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
6.23%
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%
$4,052,160
$4.1M
Cap Rate 7%
$2,894,400
$2.9M
Cap Rate 9%
$2,251,200
$2.3M
Market Conditions
NOI Build-Up for 42,090 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
$249.6K $5.93/SF
− Vacancy
−$11.2K −$0.27/SF
EGI
$238.4K $5.66/SF
− OpEx
−$35.8K −$0.85/SF
NOI
$202.6K $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 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%
$4,052,160
Cap Rate 7%
$2,894,400
Cap Rate 9%
$2,251,200
Alternative Uses
Best Use
Warehouse
$2.89M
$2.53M – $3.38M
NOI $202,608 @ 7.0% cap · market cap 6.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.03M
$7.90M – $10.54M
NOI $632,328 @ 7.0% cap · market cap 19.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
20 ft
Clear height
4
Dock-high doors
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,292
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 63043, MO
22,362
Population
9,616
Households
2.3
Avg Household Size
38
Median Age
45%
College-Educated
95%
High-School Grad
12.5 sq mi
ZIP Area
1,789
Density / Sq Mi
$91,050
Median Household Income
$57,878
Median Earnings
$1,175
Median Rent
$215,900
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.
Similar Off Market Nearby
- Public Storage — 11580 Page Service Dr, St. Louis, MO 63146
- Recall — 2270 Schuetz Rd, St. Louis, MO 63146, United States
- A Shur-Lock Self Storage — 12120 Dorsett Rd, Maryland Heights, MO 63043
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse offering 20' clear height, four dock-high doors, and 400A three-phase power for flexible logistics operations.
Where is this warehouse located?
The property is located at 2441 Northline Industrial Dr Maryland Heights, 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: 42,090 SF industrial warehouse space in the Maryland Heights industrial corridor; 20' clear height with efficient column spacing to support warehouse and light manufacturing uses; 400A 3‑phase power available for manufacturing, distribution, and other industrial operations
