2301-5 Millpark Dr, Florissant, MO 63034
This exceptional property at 2301-5 Millpark Drive in Maryland Heights, Missouri, offers a unique blend of office and industrial space, ideal for a variety of businesses. Situated on a 1.59-acre lot zoned M-1, this property boasts a total square footage ranging from 5,500 to 15,357 square feet, with approximately 36% dedicated to executive office space. The asking price is $1,827,500, translating to $119 per square foot. The building features a generous 16-foot clear ceiling height, providing ample room for operations and storage. Loading and unloading are facilitated by two dock-high doors, one of which is a ramped drive-in. The property benefits from heavy electric service with three-phase power, ensuring sufficient capacity for demanding operations. Its location provides excellent visibility, enhancing its appeal and accessibility. This versatile space is perfect for a company seeking a combination of modern office amenities and substantial industrial capabilities within the thriving St. Louis County market. The property's zoning (M-1) allows for a wide range of industrial uses, making it a highly attractive investment opportunity. The combination of office and industrial space, coupled with its strategic location and robust infrastructure, makes this a truly exceptional offering.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.