Flex Space with Covered
8515 Airport Road, Berkeley, MO 63134
For Sale
$420,000
Pending
Commercial Sale, Berkeley, MO
Property Size6,000 SF
Lot Size0.80 Acres
Days on Market51
Property Features for 8515 Airport Road
General Information
Property type
Property subtype
Parking
Parking features
Security features
Subdivision
Standard status
APN
Lot size
Site & Location
Corner Location
Mixed-Use Components
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Flooring type
Building materials
Listing Agency:
Powerhaus Realty
Listed By:
Richard Lewis · License #1999022329
(314) 843-5959
Added: Sep 18
Changed: Oct 25
Last Checked: Nov 7 at 2:06PM
MLS# 26060203
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This flex property combines a 6,000-square-foot building with four offices, warehouse space, and newly added half-baths serving the office and warehouse areas. The structure includes a 72-foot covered truck dock with doors, a 29-foot exterior truck dock, 10-foot floor-to-ceiling clearance, and office areas above the dock. An additional covered area can accommodate vehicle storage. The property has concrete and block construction, plastered and painted surfaces, thermal windows, a thermal front door, central air, forced-air natural-gas heating, and public water.
The 0.8-acre site is fenced with 8-foot chain link and paved, with eight concrete storage and landscape bins measuring 6 feet tall by 12 feet wide by 22 feet deep. It occupies a corner location with frontage extending from Evergreen to Hancock. Access includes I-170 at 0.3 mile, I-70 at 1.7 miles, I-270 at 3.6 miles, and St. Louis Lambert International Airport at 1.6 miles or a 4-minute drive. The property is zoned C2 and located in an industrial area.
The 0.8-acre site is fenced with 8-foot chain link and paved, with eight concrete storage and landscape bins measuring 6 feet tall by 12 feet wide by 22 feet deep. It occupies a corner location with frontage extending from Evergreen to Hancock. Access includes I-170 at 0.3 mile, I-70 at 1.7 miles, I-270 at 3.6 miles, and St. Louis Lambert International Airport at 1.6 miles or a 4-minute drive. The property is zoned C2 and located in an industrial area.
Key Highlights
- 6,000‑square‑foot flex building with four offices and warehouse space
- 72 ft of covered truck dock with doors plus a 29 ft exterior truck dock
- 0.8‑acre paved, fenced lot with 8' chain‑link perimeter
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,882
Cap Rate
6.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,640
$577.6K
Cap Rate 7%
$412,600
$412.6K
Cap Rate 9%
$320,911
$320.9K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$35.6K $5.93/SF
− Vacancy
−$1.6K −$0.27/SF
EGI
$34.0K $5.66/SF
− OpEx
−$5.1K −$0.85/SF
NOI
$28.9K $4.81/SF
Area
St. Louis County, MO
Vacancy
4.50%
Lease Rate
$5.93 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,640
Cap Rate 7%
$412,600
Cap Rate 9%
$320,911
Alternative Uses
Best Use
Retail
$1.15M
$1.01M – $1.35M
NOI $80,714 @ 7.0% cap · market cap 19.22%
Second Best
Warehouse
$412.6K
$361.0K – $481.4K
NOI $28,882 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M
NOI $90,139 @ 7.0% cap · market cap 21.46%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
10 ft
Clear height
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
258
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 63134, MO
12,737
Population
5,675
Households
2.2
Avg Household Size
35
Median Age
17%
College-Educated
86%
High-School Grad
8.3 sq mi
ZIP Area
1,535
Density / Sq Mi
$42,222
Median Household Income
$32,136
Median Earnings
$1,107
Median Rent
$92,000
Median Home Value
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Market
Properties on Market for Flex space in St. Louis County
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Gate Gourmet — 8725 Scudder Rd, Berkeley, MO 63134
Frequently Asked Questions
What type of property is this?
Flex space - C2-zoned property combines office areas, warehouse space, outdoor storage, and paved circulation on a fenced commercial site.
Where is this flex space located?
The property is located at 8515 Airport Road Berkeley, MO.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: 6,000‑square‑foot flex building with four offices and warehouse space; 72 ft of covered truck dock with doors plus a 29 ft exterior truck dock; 0.8‑acre paved, fenced lot with 8' chain‑link perimeter
