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    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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