2331 Millpark Dr Maryland Heights, MO 63043
- Retail space
- 22,870 SF
- 3.35 lot acres
Current Use by Public Records
- Retail space
Property Details for 2331 Millpark Dr
- Year built
- 1990
- Construction
- FRAME
- Lot size
- 3.35 lot acres
- Property size
- 22,870 SF
- Zone code
- 104M-1
- Property type
- Retail space
- APN
- 15N-6-2-016-8
- APU
- 15N620168
Description
This exceptional 22,870-square-foot industrial property, located at 2331 Millpark Drive in Maryland Heights, Missouri, presents a compelling investment opportunity. Situated on a generous 3.35-acre lot, this stand-alone building boasts a desirable flex space configuration, combining approximately 3,882 square feet of finished office space with ample warehouse area. Built in 1974, the property features a 16-foot clear ceiling height, providing excellent storage and operational flexibility. Access is facilitated by two dock-high doors and one drive-in door, ensuring efficient loading and unloading. The property also includes a substantial one-acre paved rear parking lot, perfect for accommodating vehicles and equipment. Further enhancing its functionality are exterior electrical truck hookups. The M-1 zoning allows for a variety of uses, making this property highly adaptable to diverse business needs. The asking price is $1,985,000, translating to $86.79 per square foot. This Westport Industrial Submarket location offers excellent accessibility and visibility. This property is a rare find, combining size, location, and functionality in a highly sought-after area. The combination of office and warehouse space, along with the extensive paved lot, makes this an ideal property for a variety of businesses. Don't miss this chance to acquire a prime industrial asset in a thriving market. The zip code is 63043, and the property is located in St. Louis County.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,219,000
Market price range: $1.36M - $2.22M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,855,000 Current use
- AUTO REPAIR, GARAGE
- $3,250,000 Change: +75% Conversion: Difficult
- OFFICE BUILDING
- $3,240,000 Change: +75% Conversion: Easy
- MEDICAL BUILDING
- $2,780,000 Change: +50% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $2,275,000 Change: +23% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $2,020,000 Change: +9% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $1,820,000 Change: -2% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Maryland Heights
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.4126
- Latitude
- 38.6998
- CBSA code
- 41180
- CBSA name
- ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
