1842-1856 Craig Park Ct St St. Louis, MO 63146
This exceptional investment opportunity comprises two fully leased industrial properties totaling 73,774 square feet in high-demand St. Louis submarkets. The portfolio includes the Craig Park Tech Center (42,124 sq ft, 40% office/60% warehouse, built 1986, 2.45 acres, G zoning, 15' ceiling height, 6 loading docks, 3 drive-ins, 3.3 parking spaces per 1,000 sq ft) and the Dielman Tech Center (31,650 sq ft, 51% office, built 1980, 3.19 acres, M3 zoning, 14' ceiling height, 6 loading docks, 5 drive-ins, 3 parking spaces per 1,000 sq ft). Both properties boast excellent highway access to I-270, Hwy 364, and Innerbelt 170, placing them within easy reach of major transportation arteries and Lambert International Airport. The buildings feature masonry construction and offer triple-net lease structures with staggered lease expirations, ensuring a stable income stream. Current occupancy is 100%, providing immediate cash flow with upside potential for rental rate increases as leases renew. The portfolio benefits from a strong tenant base, including a major user with a lease expiring in 2026. This presents a rare chance to acquire a well-positioned, high-performing asset in a thriving St. Louis market with low vacancy rates. The properties are located at 1842-1856 Craig Park Court, St. Louis, MO 63146 and 9355-9375 Dielman Industrial Drive, Olivette, MO 63132. The combined Net Operating Income (NOI) is $643,795.
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
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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.