306 Hazelwood Logistics Center DrHazelwood, MO 63042

Property Details for 306 Hazelwood Logistics Center Dr

Year built

2016

Construction

STEEL FRAME

Lot size

10.53 AC

Property size (Sq ft)

199,698 SF

Zone code

80H

Property type

Retail space

APN

10L-2-1-154-3

APU

10L211543

Description

Hazelwood Logistics Center I offers 88,018 square feet of immediately available Class A warehouse space within a larger 199,288 square foot facility. Located at 306 Hazelwood Logistics Center Drive, Hazelwood, MO 63042, this single-story building boasts a 2016 construction date, reflecting modern design and functionality. The property is situated in St. Louis County, Missouri, a region known for its robust logistics infrastructure and business-friendly environment. The available space is part of a multi-tenant building, providing opportunities for businesses of various sizes. The building's high-volume capacity is ideal for distribution and fulfillment operations. Significant cost savings are possible due to real estate tax abatement currently in place. This prime location offers easy access to major transportation arteries, ensuring efficient distribution and streamlined operations. The property's modern design and features, combined with the financial benefits of tax abatement, present a compelling opportunity for businesses seeking high-quality warehouse space in a strategic location. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $78,538,416

  6.5%

  $72,497,000

  7%

  $67,318,648

• Comparable approach

  Method

  Valuation

  Relative Method

  $39,232,508

  Geo Method

  $39,232,508

• Alternative Use

  Use

  Valuation

  Residential

  $61,153,936

  Hospitality

  $56,016,676

  Educational

  $46,605,216

  Medical

  $48,208,040

  Retail

  $72,497,000

Location Insight

City

Hazelwood

County

St. Louis

State

Missouri

Latitude

38.761

Longitude

-90.3755

CBSA code

41180

CBSA name

ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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