12705 Carrollton Industrial CtBridgeton, MO 63044

  • Retail space
  • 33,787 SF
For Lease
$7.25/SF/YR View listing

Property Details for 12705 Carrollton Industrial Ct

Year built
1970
Construction
FRAME
Lot size
1.34 AC
Property size (Sq ft)
33,787 SF
Zone code
10M-1
Property type
Retail space
APN
10N-2-3-067-6
APU
10N230676

Description

This exceptional 18,525-square-foot warehouse, situated in the desirable Earth City submarket of St. Louis County, presents a fantastic leasing opportunity. The single-story building, constructed in 1970, boasts 15-16 foot clear ceiling heights, providing ample vertical space for various industrial uses. Eleven loading docks and one drive-in door ensure efficient loading and unloading operations. The property offers convenient access to major transportation arteries, including Highways 270, 70, and 370, as well as St. Louis Lambert International Airport, making it strategically located for distribution and logistics. With 31 total parking spaces, ample parking is available for employees and visitors. Currently, 2,352 square feet is available for lease, becoming vacant on December 31, 2024. The property is part of a well-maintained business park, offering a professional and attractive environment. Common area maintenance expenses are $0.55 per square foot. This warehouse is ideal for businesses seeking efficient space in a prime location with excellent accessibility. The multiple tenancy structure offers flexibility for various business needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $13,287,953
    6.5%
    $12,265,803
    7%
    $11,389,674
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,637,767
    Geo Method
    $6,637,767
  • Alternative Use

    Use
    Valuation
    Residential
    $10,346,663
    Hospitality
    $9,477,488
    Educational
    $7,885,159
    Medical
    $8,156,342
    Retail
    $12,265,803

Location Insight

City
Bridgeton
County
St. Louis
State
Missouri
Latitude
38.7622
Longitude
-90.4299
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
$56,127
$84,060
$414,500
$498,560
-
$262,700
$1,295,300
$1,558,000

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