Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    11323 Midland Blvd St St. Louis, MO 63114

    Sponsored
    For Sale
    $650,000

    Prime St. Louis warehouse, strong NOI, 10-year lease.

    Property size:
    40,672 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a 40,672-square-foot warehouse located at 11323 Midland Blvd, St. Louis, Missouri 63114. The property sits on a 0.38-acre lot and boasts a substantial 10-year lease with a tenant, a nationally recognized brand, currently in place, expiring October 30, 2028. With four years remaining on the primary lease term, this asset offers immediate cash flow and long-term stability. The building, constructed in 1972, generates a Net Operating Income (NOI) of $65,436.96, resulting in an attractive 10.00% capitalization rate. The asking price is $650,000. This strategically located property benefits from its position along the main corridor of Midland Boulevard and US 67, providing excellent access and visibility. The lease includes two five-year option periods, further enhancing the long-term value and security of this investment. This multi-unit operator property presents a compelling opportunity for investors seeking a stable, high-yield industrial asset in a prime St. Louis location.

    Property Features for 11323 Midland Blvd St

    General Information

    Property type
    Distribution properties
    Square Feet
    40,672 SF
    Lot Size
    16,553 SF

    Building Details

    Year Built
    1972

    HighLights

    • Prime location at Midland & US 67 intersection.
    • Multi‑tenant property.
    • 10‑year lease with two 5‑year options.
    • Nationally recognized tenant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    St. Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.4075609
    Latitude
    38.7076969

    Nearby Similar for Sale

    • $1,200,000
      3,254 SF

      St. Louis Convenience Store - $1.2M

      Prime Retail Location, 3,254 SF, 0.94 Acres
      11829 Lackland Rd St, St. Louis, MO 63146
      View Details
    • $435,000
      40,000 SF

      St. Louis Warehouse: Riverfront Gem

      40,000 SF Industrial Space, Historic Charm
      1322 Lewis St St, St. Louis, MO 63102
      View Details
    • $1,900,000
      43,175 SF

      Downtown St. Louis Industrial Site

      3.1-acre fenced industrial site, ideal for various uses.
      1900 Cole St St, St. Louis, MO 63106
      View Details
    • $300,000
      5,040 SF

      Downtown St. Louis Mixed-Use Building

      Prime location, high visibility, redevelopment potential.
      1907 Locust St St, St. Louis, MO 63103
      View Details
    • Contact for pricing
      4,000 SF

      Hanley Station Restaurant Space

      4,000 SF Restaurant, Prime Location
      1201 Strassner Dr St, St. Louis, MO 63144
      View Details
    • $375,000
      4,950 SF

      Cherokee Street Mixed-Use Gem

      Prime St. Louis redevelopment opportunity.
      3133 Cherokee St St, St. Louis, MO 63118
      View Details
    • $315,000
      3,000 SF

      Carondelet Retail Building For Sale

      3,000 sq ft, renovated, prime location
      6022 Virginia Ave St, St. Louis, MO 63111
      View Details
    • $2,900,000
      34,234 SF

      St. Louis Office Building Investment

      High-yield, multi-tenant office building
      1409 Washington Ave St, St. Louis, MO 63103
      View Details
    • $595,000
      34,316 SF

      Historic St. Louis Flex Warehouse

      Prime redevelopment opportunity near NGA.
      2118 Mullanphy St St, St. Louis, MO 63106
      View Details
    • $1,050,000
      3,826 SF

      St. Louis Retail Building - The Wedge

      Prime Retail Space, Vacant, 3826 SF
      4014 Chouteau Ave St, St. Louis, MO 63110
      View Details
    • $1,200,000
      17,000 SF

      Lemay Ferry Rd Creative Office Space

      St. Louis Office/Warehouse, Great Location!
      664 Lemay Fry Rd St, St. Louis, MO 63125
      View Details
    • $449,000
      3,800 SF

      Executive Suites, St. Louis, MO

      Prime Office Space - 3,800 SF, $449K
      9 The Pne Ct St, St. Louis, MO 63141
      View Details

    FAQs

    What type of property is this?
    Distribution property - Prime St. Louis warehouse, strong NOI, 10-year lease.
    Where is this distribution property located?
    The property is located at 11323 Midland Blvd St St. Louis, MO.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Prime location at Midland & US 67 intersection.; Multi-tenant property.; 10-year lease with two 5-year options.
    Request Owner's contact information
    11323 Midland Blvd St St. Louis, MO 63114
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11323 Midland Blvd St
    St. Louis, MO 63114
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11323 Midland Blvd St St. Louis, MO 63114
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.