2360 Chaffee Dr St St. Louis, MO 63146
- Warehouses
- 41,150 SF
- 1.98 lot acres
Current Use by Public Records
- Warehouses
Property Details for 2360 Chaffee Dr St
- Year built
- 1972
- Lot size
- 1.98 lot acres
- Property size
- 41,150 SF
- Property type
- Warehouses
- Property subtype
- Office Properties & Spaces
Description
This exceptional investment opportunity presents a fully leased, single-tenant distribution building totaling 41,150 square feet situated on a 1.98-acre lot in St. Louis, Missouri. Located at 2360 Chaffee Dr, 63146, this Class B industrial property boasts a prime location just 10 minutes from Lambert International Airport, offering convenient access to major transportation routes via Interstate I-270 and Page Boulevard. Constructed in 1972 and extensively renovated in 2017, the building features a robust concrete tilt-up, double-T construction with a 23-foot clear height ceiling throughout the fully air-conditioned warehouse space. The warehouse is equipped with a wet sprinkler system and five dock-high doors, ensuring efficient operations. The property includes 7,000 square feet of finished office space, supported by a comprehensive electrical system (600 Amps/208V/3-Phase & 800 Amps/480V/3-Phase) and 100% LED lighting (installed in 2021). Cooling is provided by two 25-ton RTUs. Ample parking is available with 50 spaces. The property is zoned for light industrial use and has a Net Operating Income (NOI) of $308,625. 2021 property taxes were $90,517.56. This is a rare opportunity to acquire a high-performing, fully occupied asset in a desirable St. Louis location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- St. Louis
- County
- St Louis
- State
- Missouri
- Longitude
- -90.4597
- Latitude
- 38.7254
