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Drive-Through Warehouse with Yard

530 State Rte 291 N/A Independence, MO 64056

530 State Rte 291 N/A, Independence, MO, 64056
Contact for pricing
For Sale
Contact for pricing

Industrial site features a drive-through 3,600 SF warehouse/office, covered storage, and fenced yard with multiple D.I. doors.

Property Size3,600 SF
Lot Size10.90 Acres
Price / SF$359.72
Days on Market81

Property Features for 530 State Rte 291 N/A

General Information

Standard status
Active
Size
3,600 SF
Lot size
10.90 Acres
Property subtype
Industrial, Land
Listing agency Haith & Company Realtors
Listed by Josh Haith · License #2011012354
Source Crexi
Added: May 2 Updated: Jul 20 at 6:14PM Checked: Jul 20 at 6:14PM

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 Haith & Company Realtors


Investment Insights

Based on property information with market context.

This 10.9-acre industrial property includes a 3,600 SF drive-through warehouse/office along with approximately 1,000 SF of covered storage and a fenced yard improved with asphalt and packed gravel. The facility has three drive-in doors: two doors measuring 13' x 13'8" and one measuring 12' x 18', plus gas warehouse heaters and HVAC in the office.

The site is equipped with 3-phase 200 amp power and utilities including city gas and electric, with septic that was pumped last year. The property is located directly across Route 291 from a large underground industrial complex totaling roughly 4.4 million SF.

This configuration supports practical light-industrial and logistics needs, with dedicated yard area for staging and a drive-through warehouse layout for efficient vehicle movement.

Key Highlights

  • 10.9‑acre industrial site in Independence with ~2.5 acres of fenced yard surfaced with asphalt and packed gravel
  • 3,600 SF drive‑through warehouse/office with gas warehouse heaters
  • ~1,000 SF covered storage area

Local 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 $56.2k $15.60
− Vacancy −$3.7k −$1.03
EGI $52.5k $14.57
− OpEx −$7.9k −$2.19
NOI $44.6k $12.38
3,600 SF · lease $15.60/SF/yr · vacancy 6.60% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$636.9K
$557.3K – $743.1K (±1% cap)
NOI $44,585 @ 7.0% cap · market cap 3.44%
Second Best
Flex RnD
$527.9K
$461.9K – $615.9K (±1% cap)
NOI $36,953 @ 7.0% cap · market cap 2.85%
Theoretical Best
Office A
$1.06M
$931.0K – $1.24M (±1% cap)
NOI $74,477 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Hair Salon Nail Salon Auto Parts Store Big Box & Wholesale Store HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - Industrial site features a drive-through 3,600 SF warehouse/office, covered storage, and fenced yard with multiple D.I. doors.
Where is this flex space located?
The property is located at 530 State Rte 291 N/A Independence, MO.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 10.9‑acre industrial site in Independence with ~2.5 acres of fenced yard surfaced with asphalt and packed gravel; 3,600 SF drive‑through warehouse/office with gas warehouse heaters; ~1,000 SF covered storage area
Contact an agent
(913) 888-3456 Call to check price and availability
More about this property
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