11323 Midland Blvd St St. Louis, MO 63114
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.