Flex Office/Warehouse with Dock-High
For Sale
Contact for pricing
622 Collins Dr, Festus, MO 63028
Two-story flex office/warehouse with a dock-high bay, reception area, private offices, and climate-controlled office space.
Property Size10,000 SF
Lot Size0.74 Acres
Price / SF$84.99
Days on Market200
Property Features for 622 Collins Dr
General Information
Standard status
Active
Size
10,000 SF
Total Parking Spaces
40
Lot size
0.74 Acres
Property subtype
INDUSTRIAL
Zoning
CT1
Warehouse & Industrial
Clear Height
9 ft
Dock-High Doors
1
Drive-In Doors
1
Heavy Power
Yes
Additional Details
Highway Access
Yes
Amenities
professional reception area
private offices
conference room
climate-controlled
high-speed internet infrastructure
exterior lighting
Building Details
Stories
2
Listing Agency:
Manor Real Estate
(314) 647-6611
Listed By:
Benjamin R Cherry
(314) 518-5010
Source:
Moodyscre
Added: Apr 13
Changed: Oct 25
Last Checked: Oct 28 at 11:43AM
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 Manor Real Estate
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Investment Insights
Based on property information with market context.
622 Collins Dr is a two-story flex office/warehouse building offering a functional split of approximately 65% office and 35% warehouse. The office portion includes a reception area, private offices, and a conference room, and the office space is climate-controlled throughout.
The warehouse includes one dock-high bay and one drive-in bay with an overhead door, with 9-foot clear height in the warehouse area. The building is supported by a 4-phase, 440-amp electrical service and has high-speed internet infrastructure in place.
Located on a 0.74-acre parcel, the property provides 40 paved parking spaces and exterior lighting for visibility after hours. Zoned CT1 (Warehouse/Commercial), the building is currently configured as a single or multi-tenant facility, with an existing tenant occupying 3,455 square feet and 6,545 square feet available. The site is less than a quarter mile from I-55, supporting convenient access for customers and suppliers.
The warehouse includes one dock-high bay and one drive-in bay with an overhead door, with 9-foot clear height in the warehouse area. The building is supported by a 4-phase, 440-amp electrical service and has high-speed internet infrastructure in place.
Located on a 0.74-acre parcel, the property provides 40 paved parking spaces and exterior lighting for visibility after hours. Zoned CT1 (Warehouse/Commercial), the building is currently configured as a single or multi-tenant facility, with an existing tenant occupying 3,455 square feet and 6,545 square feet available. The site is less than a quarter mile from I-55, supporting convenient access for customers and suppliers.
Key Highlights
- Approximately 10,000 SF two‑story flex office/warehouse on a 0.74‑acre parcel
- 65% office / 35% warehouse layout with reception, private offices, and a conference room
- Warehouse features include one dock‑high bay and one drive‑in bay with overhead door; 9‑foot clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,437
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,048,740
$1.0M
Cap Rate 7%
$749,100
$749.1K
Cap Rate 9%
$582,633
$582.6K
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$62.0K $6.20/SF
− Vacancy
−$310 −$0.03/SF
EGI
$61.7K $6.17/SF
− OpEx
−$9.3K −$0.93/SF
NOI
$52.4K $5.24/SF
Area
Jefferson County, MO
Vacancy
0.50%
Lease Rate
$6.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,048,740
Cap Rate 7%
$749,100
Cap Rate 9%
$582,633
Alternative Uses
Best Use
Office B
$1.80M
$1.57M – $2.10M
NOI $125,971 @ 7.0% cap · market cap 14.82%
Second Best
Warehouse
$749.1K
$655.5K – $874.0K
NOI $52,437 @ 7.0% cap · market cap 6.17%
Theoretical Best
Specialty Retail
$29.70M
$25.99M – $34.65M
NOI $2,078,932 @ 7.0% cap · market cap 244.61%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
9 ft
Clear height
1
Dock-high doors
1
Drive-in doors
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
410
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 63028, MO
27,924
Population
11,390
Households
2.5
Avg Household Size
40
Median Age
24%
College-Educated
91%
High-School Grad
125.8 sq mi
ZIP Area
222
Density / Sq Mi
$76,468
Median Household Income
$46,341
Median Earnings
$937
Median Rent
$221,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Two-story flex office/warehouse with a dock-high bay, reception area, private offices, and climate-controlled office space.
Where is this flex space located?
The property is located at 622 Collins Dr Festus, MO.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Approximately 10,000 SF two‑story flex office/warehouse on a 0.74‑acre parcel; 65% office / 35% warehouse layout with reception, private offices, and a conference room; Warehouse features include one dock‑high bay and one drive‑in bay with overhead door; 9‑foot clear height
