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Flex Industrial Property with Rail Access
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2646 Metro Blvd, Maryland Heights, MO 63043

Warehouse and office improvements with heavy power, loading capacity, and a fully fenced paved yard.

Property Size26,534 SF
Price / SF$207.28
Days on Market178

Property Features for 2646 Metro Blvd

General Information

Standard status Active
Size 26,534 SF
Property subtype INDUSTRIAL
Listing Agency: Intelica CRE
Listed By: Drew Clary · License ##2022009329
Source: Moodyscre
Added: Feb 4 Changed: Jul 31 Last Checked: Jul 31 at 6:18PM

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

Investment Insights

Based on property information with market context.

This 26,734 SF flex industrial property on 4.84 acres includes a 22,734 SF warehouse and a 4,000 SF front office. The warehouse offers 15-foot clear height, five dock positions with levelers, and 18,000 SF of covered loading area. Enclosing the covered area would immediately create 40,000 contiguous SF. The office includes four private rooms, a breakroom, and stalled restrooms.

The property also provides 2.0 acres of fully fenced, paved concrete or asphalt parking, rail access via Union Pacific Railroad, and heavy power with 1,000 amp 3-phase, 4-wire service. Located in St. Louis County, the site offers access to I-270, I-170, Dorsett Rd, and Page Ave. The configuration supports warehouse and distribution, fleet or vehicle storage, fulfillment center, and contractor operations as stated in the property information.

Key Highlights

  • 26,734 SF office/warehouse buildings on 4.84 AC
  • 22,734 SF warehouse with 15’ clear height
  • 18,000 SF covered loading area; enclosing it would create 40,000 contiguous SF

Financial Insights For Office B

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 $592.2k $22.32
− Vacancy −$160.5k −$6.05
EGI $431.7k $16.27
− OpEx −$107.9k −$4.07
NOI $323.8k $12.20
26,534 SF · lease $22.32/SF/yr · vacancy 27.10% · expense 25.00%

Alternative Uses

Best Use
Office B
$4.63M
$4.05M – $5.40M (±1% cap)
NOI $323,807 @ 7.0% cap · market cap 5.89%
Second Best
Warehouse
$1.82M
$1.60M – $2.13M (±1% cap)
NOI $127,726 @ 7.0% cap · market cap 2.32%
Theoretical Best
Office A
$5.69M
$4.98M – $6.64M (±1% cap)
NOI $398,626 @ 7.0% cap · market cap 7.25%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Storage Facility Hair Salon Parking Lot & Garage Dental Office Barber Shop

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

846
Businesses Nearby
Well-served
Demand for This Use

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Syberg's Catering — 2430 Old Dorsett Rd, Maryland Heights, MO 63043
  • Syberg's Dorsett — 2430 Old Dorsett Rd, Maryland Heights, MO 63043
  • Firehouse Subs Dorsett — 12316 Dorsett Rd, Maryland Heights, MO 63043

Frequently Asked Questions

What type of property is this?
Flex space - Warehouse and office improvements with heavy power, loading capacity, and a fully fenced paved yard.
Where is this flex space located?
The property is located at 2646 Metro Blvd Maryland Heights, MO.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 26,734 SF office/warehouse buildings on 4.84 AC; 22,734 SF warehouse with 15’ clear height; 18,000 SF covered loading area; enclosing it would create 40,000 contiguous SF
(417) 576-8398 Call to check price and availability
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