8 Worthington Access DrMaryland Heights, MO 63043

  • Retail space
  • 28,190 SF
For Lease
$10/SF/YR View listing

Property Details for 8 Worthington Access Dr

Year built
1974
Lot size
1.31 AC
Property size (Sq ft)
28,190 SF
Zone code
104M-1
Property type
Retail space
APN
14O-3-1-060-7
APU
14O310607

Description

This single-story, 28,190-square-foot office and industrial building in Maryland Heights, Missouri, offers flexible space ideal for various businesses. Located at 8-20 Worthington Access Drive, this Class C property boasts 11 suites, with 6,200 square feet currently vacant. Individual suites range from a minimum of 1,272 square feet to a maximum contiguous space of 6,024 square feet, with the possibility of combining suites for larger needs. The building underwent a complete renovation in 2013, including a new stucco exterior and TPO roof. High-end finishes are featured throughout the available suites. Amenities include shared loading dock access and the opportunity for building signage. The property sits on a 1.31-acre lot (57,281 square feet) and includes 46 parking spaces. Its convenient location, a quarter-mile from Westport Plaza, provides easy access to major roadways including MO-364/Page Avenue, I-270, and I-70. The property is zoned M-1 (Office, Service, and Light Manufacturing District) and features a 1974 construction date. The APN is 14O-31-0607, located in St. Louis County, Missouri, zip code 63043. This is a multi-tenant building offering a variety of configurations to suit diverse business needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,086,731
    6.5%
    $10,233,906
    7%
    $9,502,912
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,538,185
    Geo Method
    $5,538,185
  • Alternative Use

    Use
    Valuation
    Residential
    $8,632,682
    Hospitality
    $7,907,490
    Educational
    $6,578,940
    Medical
    $6,805,199
    Retail
    $10,233,906
8 Worthington Access Dr, Maryland Heights, Missouri

Location Insight

City
Maryland Heights
County
St. Louis
State
Missouri
Latitude
38.7046
Longitude
-90.4439
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
$47,042
$110,400
$325,090
$435,490
-
$345,000
$1,015,900
$1,360,900

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