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    New Construction Office/Logistics Facility Title is generated by Realmo AI

    4409 New Baumgartner Rd St., Louis, MO 63129

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    New 30,000 SF office/logistics facility for sale, completion 2025.

    Type:Industrial
    Property size:
    30,000 SF
    Price / SF:
    $199/SF
    Added:
    Aug 22, 2024
    Days on Market:
    685
    Last Refresh:
    Jun 28 at 9:37 pm

    Property Features for 4409 New Baumgartner Rd St.

    General Information

    Standard status
    Active
    Size
    30,000 SF
    Property subtype
    Industrial

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    Brandon Duncan
    Brandon Duncan

    Listing office Block Hawley Commercial RE

    Listing date Aug 22, 2024

    Source Crexi

    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 Block Hawley Commercial RE

    HighLights

    • New Construction: Benefit from a modern and efficient space.
    • Large Size: 30,000 SF facility suitable for various business needs.
    • Expandable: Potential to double the space to 60,000 SF for future growth.
    • Versatile Use: Suitable for office, service, or logistics operations.
    • Completion Date: Ready for occupancy in Q1‑Q2 2025.
    • Customizable Space: Design the interior to meet specific business requirements.

    Overview

    This is a new construction office, service, and logistics facility slated for completion in the first or second quarter of 2025. The property offers 30,000 square feet of space, expandable to 60,000 square feet. It can be used for flex space, industrial purposes, office units, office properties and spaces, warehouses, and other commercial real estate ventures.

    Local 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 $669.6k $22.32
    − Vacancy −$181.5k −$6.05
    EGI $488.1k $16.27
    − OpEx −$122.0k −$4.07
    NOI $366.1k $12.20
    30,000 SF · lease $22.32/SF/yr · vacancy 27.10% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $5.23M
    $4.58M – $6.10M (±1% cap)
    NOI $366,104 @ 7.0% cap · market cap 6.11%
    Second Best
    Warehouse
    $2.06M
    $1.81M – $2.41M (±1% cap)
    NOI $144,410 @ 7.0% cap · market cap 2.41%
    Theoretical Best
    Office A
    $6.44M
    $5.63M – $7.51M (±1% cap)
    NOI $450,697 @ 7.0% cap · market cap 7.52%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Similar Places Nearby

    • 3 little pigs bbq and Catering — 3097 cambridge view ct, st. louis, mo 63129

    Map

    City
    Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.3236
    Latitude
    38.4581

    FAQs

    What type of property is this?
    Flex space - New 30,000 SF office/logistics facility for sale, completion 2025.
    Where is this flex space located?
    The property is located at 4409 New Baumgartner Rd St. Louis, MO.
    What is the asking price?
    The asking price for this property is $5,995,000.
    What are key features of this property?
    This property features: New Construction: Benefit from a modern and efficient space.; Large Size: 30,000 SF facility suitable for various business needs.; Expandable: Potential to double the space to 60,000 SF for future growth.
    More about this property
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