Maryland Heights Warehouse Investment
2462-2470 Schuetz Rd Maryland Heights, MO
For Sale
Contact for pricing
Fully leased warehouse near I-270 and Page Avenue.
Property Size45,868 SF
Lot Size2.49 Acres
Price / SF$96.47
Days on Market408
Property Features for 2462-2470 Schuetz Rd
General Information
Standard status
Active
Size
45,868 SF
Lot size
2.49 Acres
Property subtype
INDUSTRIAL
Listing Agency:
JLL | St. Louis
(314) 706-8575
Listed By:
Christopher Taff · License #2016013631
(314) 706-8575
Source:
Moodyscre
Added: Jun 18, 2025
Changed: Jul 10
Last Checked: Jul 21 at 6:28AM
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 JLL | St. Louis
Investment Insights
Based on property information with market context.
This property is located in the Westport/Maryland Heights submarket, offering convenient access to the I-270 and Page Avenue intersection. The property is fully occupied by two regional credit tenants with stable financials. The property offers a 5-year weighted average lease term (WALT), providing a reliable income stream and investment stability. The property size is 45868 square feet.
Key Highlights
- 5‑year WALT providing reliable income stream and investment stability.
- Fully occupied by two financially stable regional credit tenants.
- Positioned in the thriving Westport/ Maryland Heights Submarket.
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 | $272.0k | $5.93 |
| − Vacancy | −$12.2k | −$0.27 |
| EGI | $259.8k | $5.66 |
| − OpEx | −$39.0k | −$0.85 |
| NOI | $220.8k | $4.81 |
45,868 SF · lease $5.93/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.15M
$2.76M – $3.68M
NOI $220,794 @ 7.0% cap · market cap 4.99%
Second Best
Industrial
$2.60M
$2.27M – $3.03M
NOI $181,830 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$9.84M
$8.61M – $11.48M
NOI $689,086 @ 7.0% cap · market cap 15.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Public Storage — 11580 Page Service Dr, St. Louis, MO 63146
- A Shur-Lock Self Storage — 12120 Dorsett Rd, Maryland Heights, MO 63043
- Recall — 2270 Schuetz Rd, St. Louis, MO 63146, United States
Frequently Asked Questions
What type of property is this?
Warehouse - Fully leased warehouse near I-270 and Page Avenue.
Where is this warehouse located?
The property is located at 2462-2470 Schuetz Rd Maryland Heights, MO.
What is the asking price?
The asking price for this property is $4,425,000.
What are key features of this property?
This property features: 5‑year WALT providing reliable income stream and investment stability.; Fully occupied by two financially stable regional credit tenants.; Positioned in the thriving Westport/ Maryland Heights Submarket.