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Existing building with industrial characteristics suitable for repurposing
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Scored using engine v1 · 10/19/2026
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River Valley Industrial Development in Maryland Heights, Missouri, offers an approximately $8 million equity opportunity within a substantially advanced $40 million industrial project. The development encompasses 230,000 square feet of planned industrial space across two buildings on a 74.52-acre property, with approximately 20.5 acres allocated to the initial phase. Preliminary development plans have been approved, construction cost estimates are complete, and the project is positioned to advance into final engineering, financing, and permitting. The buildings are designed for multiple industrial tenants with flexibility for warehousing, distribution, manufacturing, and related commercial uses. Significant preliminary work includes approved development plans for both sides of River Valley Drive, conceptual building layouts, detailed construction cost estimates covering site improvements and build-outs, contractor pricing, financial projections with leasing assumptions, and evaluation of economic development incentives including CID and Chapter 100 opportunities. The ownership group seeks an equity partner to complete the capital stack alongside $32 million in targeted construction financing. The property's additional acreage beyond the initial development area may offer long-term strategic opportunities subject to environmental, floodplain, and zoning considerations. The project's location within the greater St. Louis metropolitan market, combined with planning progress and potential economic incentives, positions the development for near-term execution.
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