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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Industrial properties
567 Hanley Industrial Ct Saint Louis, MO 63144-1901
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US48-0465703
Property summary
AI-generated overview
This exceptional investment opportunity presents a 14,500-square-foot, single-tenant warehouse located at 567 Hanley Industrial Ct, Brentwood, MO 63144. Situated within the highly sought-after Hanley Industrial Park, this property boasts a prime St. Louis County location with convenient interstate access. The building, constructed in 2018, features one story, one loading dock, and one dock-high door, with a ceiling height of 12 feet. Currently 100% occupied under a NNN lease with a tenant in place until July 30, 2029, the property generates a Net Operating Income (NOI) of $103,329. The 0.52-acre lot is zoned for light industrial use (LID), offering significant potential. The current lease has no remaining renewal options. This stabilized investment presents a compelling opportunity for investors seeking a strong return in a premier location. The below-market rent provides significant upside potential. The property is easily accessible and benefits from its proximity to Hanley Park. This is a rare opportunity to acquire a well-located, income-producing industrial asset in a highly desirable market.
Property profile
Verified
Property type
Industrial properties
Use group
PRINTING, PUBLISHING (LIGHT INDUSTRIAL)
Year built
1962
Construction
FRAME
Total area
13,566 SF
Lot
0.47 ac (20,495 SF)
Zoning code
9LID
APN
20K-3-1-003-1
UPID
US48-0465703
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
Current use
Occupant on record · Public records
-
RaiseTech (Bike/Boat/Book/etc) Store Corporate Office
-
CrossFit Saint Louis Gym & Fitness Center
-
AHC Consulting Marketing & Advertising Advertising Agency
-
KEEN St. Louis LLC Association / Organization
-
St. Louis Youth Performance Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$485k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$746k
Blend (final)
Blend
$615k
Owner & transaction history
H& N Development LLC · 1 yrs held
H& N Development LLC
since 2025
1 recorded transaction
Zoning & alternative use
9LID · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Citywide Zoning District Map
Top alternative use upside
Office building
$920,000
+57.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Saint Louis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Louis submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
PRINTING * PUBLISHING (LIGHT INDUSTRIAL)
$585,000
Current use
OFFICE BUILDING
$920,000
Change: +58% · Conversion: Difficult
Blend value · Realmo final
$615k
Range $554k – $677k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$45 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$29,187
Tax year 2023
Assessed value
$298,560
Assessed 2023
Previous assessed
$197,250
+51.4% YoY
Effective rate
9.78%
On assessed value
Assessed land
$59,040
Assessed improvement
$239,520
Land market value
$184,500
Improvement market value
$748,500
Total market value
$933,000
Applied tax rate
104.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
PRINTING, PUBLISHING (LIGHT INDUSTRIAL)
Status
Off-Market
Year built
1962
Construction
FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
11
Total area
13,566 SF
Lot
0.47 ac (20,495 SF)
Zoning code
9LID
APN
20K-3-1-003-1
UPID
US48-0465703
Jurisdiction
ST LOUIS
Zoning & alternative use
9LID · Saint Louis, MOZoning 9LID · permitted uses
9LID · Saint Louis, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Citywide Zoning District Map
Alternative use value scenarios
Repositioning upside vs current use
PRINTING * PUBLISHING (LIGHT INDUSTRIAL) Current
Est. value
$585,000
OFFICE BUILDING
Est. value
$920,000
PRINTING * PUBLISHING (LIGHT INDUSTRIAL) Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1962
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Rooms
11
Lot
0.47 ac
Current owner
From public records · entity-resolved
H& N Development LLC
Entity
Mailing address
2 LITTLE LN, SAINT LOUIS, MO 63124-1914
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2025
$1,025,000
H& N Development LLC
Kathleen Mcdonald & Commerce Tr A D
Warranty Deed
$880,000 · Southern Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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