Expanded Industrial
For Sale
Contact for pricing
3242 S Kingshighway Blvd, Saint Louis, MO 63116
Industrial facility combining an established building with a substantial 2022 expansion and varied clear-height areas.
Property Size21,075 SF
Price / SF$113.88
Days on Market561
Property Features for 3242 S Kingshighway Blvd
General Information
Standard status
Active
Size
21,075 SF
Property subtype
INDUSTRIAL
Building Details
Year Built
2000
Year Renovated
2022
Listing Agency:
CBRE
(314) 655-6000
Listed By:
Brian Bush · License #2002026812
(314) 655-6052
Source:
Moodyscre
Added: Apr 4, 2025
Changed: Oct 11
Last Checked: Oct 15 at 12:19AM
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 CBRE
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Investment Insights
Based on property information with market context.
This industrial property at 3242 S Kingshighway Blvd in Saint Louis, Missouri, combines a 10,275-square-foot original building completed in 2000 with a 10,800-square-foot expansion added in 2022. The combined property size is 21,075 square feet, providing a substantial industrial footprint across two construction phases.
Clear heights range from 14 feet to 15 feet 7 inches in the original portion, while the expansion offers 20 feet of clear height. The differing vertical dimensions create distinct areas within the facility for industrial operations requiring varied space characteristics.
Clear heights range from 14 feet to 15 feet 7 inches in the original portion, while the expansion offers 20 feet of clear height. The differing vertical dimensions create distinct areas within the facility for industrial operations requiring varied space characteristics.
Key Highlights
- 21,075‑square‑foot industrial property in Saint Louis, MO
- 10,275 SF original building completed in 2000
- 10,800‑square‑foot expansion completed in 2022
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,546
Cap Rate
3.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,670,920
$1.7M
Cap Rate 7%
$1,193,514
$1.2M
Cap Rate 9%
$928,289
$928.3K
Market Conditions
NOI Build-Up for 21,075 SF
Gross rent
$125.0K $5.93/SF
− Vacancy
−$5.6K −$0.27/SF
EGI
$119.4K $5.66/SF
− OpEx
−$35.8K −$1.70/SF
NOI
$83.5K $3.96/SF
Area
St. Louis County, MO
Vacancy
4.50%
Lease Rate
$5.93 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,670,920
Cap Rate 7%
$1,193,514
Cap Rate 9%
$928,289
Alternative Uses
Best Use
Industrial
$1.19M
$1.04M – $1.39M
NOI $83,546 @ 7.0% cap · market cap 3.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.52M
$3.96M – $5.28M
NOI $316,615 @ 7.0% cap · market cap 13.19%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
596
Businesses Nearby
Explore this area
Business Placement
Demographics for 63116, MO
41,959
Population
22,394
Households
1.9
Avg Household Size
37
Median Age
37%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
7,770
Density / Sq Mi
$60,193
Median Household Income
$42,012
Median Earnings
$946
Median Rent
$161,100
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Industrial property - Industrial facility combining an established building with a substantial 2022 expansion and varied clear-height areas.
Where is this industrial property located?
The property is located at 3242 S Kingshighway Blvd Saint Louis, MO.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 21,075‑square‑foot industrial property in Saint Louis, MO; 10,275 SF original building completed in 2000; 10,800‑square‑foot expansion completed in 2022
