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    The Largest CRE Database in the US with Over 1 Million Listings

    Carrie Herrmann, Creve Coeur, MO

    License ID: MO 2001021565
    Gateway Commercial Llc
    Association
    St Louis Association Of Realtors

    Contact details

    Phone:
    (636) 373-2055
    Office Address:
    101 S Hanley Rd Ste 1400, Saint Louis, MO, 63105

    Performance

    Listings
    11

    Listings

    For Lease (11)

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    • Contact for pricing
      73,355 SF

      Downtown Office Tower with Amenities

      Prominent office tower in St. Louis' Central Business District.
      1010 Market St St, Louis, MO
      View Details
    • $23 SF/Yr
      9,455 SF

      Class A Office Campus Space

      Class A office campus with move-in ready suites available.
      1650 Des Peres Rd St, Louis, MO
      View Details
    • $23 SF/Yr
      4,658 SF

      Class A Office Campus Space

      Prime office space available in Corporate Hill, St. Louis.
      1630-1630 Des Peres Rd St, Louis, MO
      View Details
    • $23 SF/Yr
      4,461 SF

      Class A Office Campus Space

      Class A office campus with suites available for lease.
      1610-1610 Des Peres Rd St, Louis, MO
      View Details
    • $25 SF/Yr
      2,291 SF

      Office Space on Olive Boulevard

      Office spaces for lease with executive conference facilities.
      12647 Olive Blvd, Creve Coeur, MO
      View Details
    • $9 SF/Yr
      226,000 SF

      Former Corporate Headquarters Office Space

      226,000 SF office building on 34.48 acres for lease.
      4700 N Hanley Rd, Berkeley, MO
      View Details
    • $25 SF/Yr
      73,840 SF

      Class A Office Building

      73,840 SF Class A office building for lease.
      5555 Winghaven Blvd, Wentzville, MO
      View Details
    • $25 SF/Yr
      4,232 SF

      Office Space on Olive Boulevard

      Office spaces for lease with access to campus amenities.
      12655 Olive Blvd, Creve Coeur, MO
      View Details
    • $21 SF/Yr
      2,356 SF

      Full Floor Office Space

      2,356 SF office space with modern finishes available for lease.
      1285 Fern Rdg Pkwy St, Louis, MO
      View Details
    • $37 SF/Yr
      7,895 SF

      Modern Office Building with Amenities

      Cutting-edge office space in Creve Coeur with advanced amenities.
      12645 Olive Blvd, Creve Coeur, MO
      View Details
    • $21 SF/Yr
      8,925 SF

      Renovated Office Space on Brentwood

      Webster Groves office space with high visibility and recent renovations.
      3201-3229 S Brentwood Blvd, Webster Groves, MO
      View Details

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    Carrie Herrmann, Creve Coeur, MO
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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