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Property profile & analytics
OFF-MARKET
Warehouses

702 Carnation Dr Aurora, MO 65605

150,000 SF 12.8 ac lot Built 1958
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully occupied, 150,000-square-foot warehouse complex in Aurora, Missouri. The property, located at 702 S Carnation Dr, boasts three single-story buildings on a 12.8-acre lot, zoned M-1. Built in 1958, the Class C warehouse features six loading docks, three dock-high doors, and a 12-foot ceiling height. Currently housing two tenants with 100% occupancy, the property generates a 3.70% cap rate at an asking price of $4,500,000 ($30/sq ft). The gross lease structure simplifies management. The property benefits from high visibility due to its location within an industrial park experiencing 9,410 cars per day in traffic. Over 100 parking spaces are available on-site. This multi-tenant property offers significant potential for investors seeking a strong return in a thriving industrial area. The property's APN is 19-6.0-13-002-002-015.001. This is a rare opportunity to acquire a substantial warehouse complex in a prime location.

Property profile
Verified
Property type Warehouses
Year built 1958
Total area 150,000 SF
Lot 12.8 ac (557,568 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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