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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4848 Park 370 Blvd Hazelwood, MO 63042

    • Retail space
    • 90,157 SF
    • 6.16 lot acres
    For Lease
    View listing
    Last Sale
    Oct 14, 2021
    $7,700,000
    Value Estimations
    $8,730,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-1524879
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Jacobs International/JI Bases / Production Facility / Factory
    • Academy Air Heating, Cooling, Plumbing and Electric / HVAC Service / General Contractor
    • GFI Digital Service Center / Computer & Electronic Repair

    Property Details for 4848 Park 370 Blvd

    Year built
    2006
    Construction
    WOOD
    Lot size
    6.16 lot acres
    Property size
    90,157 SF
    Zone code
    80H
    Property type
    Retail space
    APN
    09M-4-3-028-2
    APU
    09M430282

    Description

    Park 370 Business Center I offers a prime opportunity to lease 17,850 square feet of warehouse and distribution space in Hazelwood, Missouri. This single-story building, constructed in 2008, boasts a total of 76,092 square feet and features a generous 24-foot ceiling height, ideal for various industrial uses. The property is situated at 4848 Park 370 Blvd, in St. Louis County, zip code 63042. Ample parking is provided with 94 spaces available for tenants and their employees. The building is currently multi-tenant, offering a dynamic and collaborative environment. This specific space presents 17,850 square feet of immediately available space, perfect for businesses needing efficient and spacious warehouse or distribution operations. The property's location in Hazelwood offers easy access to major transportation routes, streamlining logistics and distribution. This is a rare opportunity to secure high-quality industrial space in a thriving business community. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $10,120,000
      ML approach
      $9,830,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $10,696,000
      Market price range: $4.58M - $10.7M
      AI Estimate
      $6,322,000
      Market price range: $966k - $8.05M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $7,905,000
      Current use
      AUTO REPAIR, GARAGE
      $12,815,000
      Change: +62% Conversion: Difficult
      OFFICE BUILDING
      $10,995,000
      Change: +39% Conversion: Easy
      MEDICAL BUILDING
      $10,955,000
      Change: +39% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $8,970,000
      Change: +13% Conversion: Moderate
      INDUSTRIAL (GENERAL)
      $7,180,000
      Change: -9% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $7,120,000
      Change: -10% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hazelwood
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.4097
    Latitude
    38.7839
    CBSA code
    41180
    CBSA name
    ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $279,242
    $386,340
    $2,121,060
    $2,507,400
    -
    $1,207,300
    $6,628,300
    $7,835,600

    Comparable in this City

    • Value Estimation by Request

      12501 Missouri Btm Rd

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    • Value Estimation by Request
      117,927 SF

      7101 Hazelwood Ave

      RETAIL STORES (PERSONAL SERVICES) • 117,927 SF
      7101 Hazelwood Ave, Hazelwood, MO 63042
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    • Value Estimation
      $21,680,000
      254,338 SF

      4801 Trade Access Blvd

      RETAIL STORES (PERSONAL SERVICES) • 254,338 SF
      4801 Trade Access Blvd, Hazelwood, MO 63042-4309
      View Details
    • Value Estimation
      $5,840,000
      252,877 SF

      441 Hazelwood Logistics Ctr Dr Ste, Unit 100

      RETAIL STORES (PERSONAL SERVICES) • 252,877 SF
      441 Hazelwood Logistics Ctr Dr Ste, Hazelwood, MO 63042-2409
      View Details
    • Value Estimation
      $660,000
      23.07 Acres

      6201 Aviator Dr

      RETAIL STORES (PERSONAL SERVICES) • 23.07 Acres
      6201 Aviator Dr, Hazelwood, MO 63042-2837
      View Details
    • Value Estimation by Request
      1,496 SF

      6011 Byassee Dr

      RETAIL STORES (PERSONAL SERVICES) • 1,496 SF
      6011 Byassee Dr, Hazelwood, MO 63042-3105
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,500 SF

      Hazelwood Retail & Auto Shop

      Prime Hazelwood location, 2,500 SF.
      7760 Lindbergh Blvd, Hazelwood, MO 63042
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      Hazelwood Auto Shop For Sale

      Auto shop with five service bays and ample parking.
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      Profitable Car Wash Business Opportunity

      Established car wash with additional revenue stream from leased building.
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    • $250,000
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      Hazelwood Gas Station - Investment Opportunity

      Former gas station, 1610 sq ft, large lot.
      11902 Missouri Bottom Rd, Hazelwood, MO 63042
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    • $2,800,000
      1.49 Acres

      Hazelwood Commercial Investment Opportunity

      High-traffic, C-2 zoned land with two buildings.
      3726 Howdershell Rd, Hazelwood, MO 63042
      View Details
    • $199,000
      2.75 Acres

      Hazelwood Commercial Land - $199K

      2.75 Acres, Prime Commercial Lot
      7221 Willow Ln, Hazelwood, MO 63042
      View Details

    Similar Nearby for Lease

    • $4,000 /Mo
      875 SF

      Retail Space with Separate Office

      Retail space featuring a separate office, 875 square feet.
      5900-5914 N Lindbergh Blvd, Hazelwood, MO 63042
      View Details
    • Contact for pricing
      9,600 SF

      Retail Space in Aviator Park

      Retail opportunity in a large, highly occupied business park.
      6052 North Lindbergh Blvd, Hazelwood, MO 63042
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    • $12 SF/Yr
      7,829 SF

      Retail Space with Facade Improvements

      Retail property for lease with high visibility and parking.
      433-463 Lynn Haven Ln, Hazelwood, MO 63042
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    • $1,600 /Mo
      1,000 SF

      Retail Space on Howdershell Road

      Retail space for lease with high visibility and signage.
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      View Details
    • Contact for pricing
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      Retail Space in Aviator Park

      Retail opportunity in a highly leased industrial park.
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      View Details
    • $16 SF/Yr
      4,400 SF

      Retail Space with High Visibility

      Former medical office space available in Hazelwood, Missouri.
      7401-7537 N Lindbergh Blvd, Hazelwood, MO 63042
      View Details
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    Hazelwood, MO 63042
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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