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Property profile & analytics
OFF-MARKET
Warehouses

11323 Midland Blvd St St. Louis, MO 63114

40,672 SF 0.38 ac lot Built 1972
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Warehouses
Year built 1972
Total area 40,672 SF
Lot 0.38 ac (16,553 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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