Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Centrally Located Office Property Title is generated by Realmo AI

    1034 S Brentwood Blvd, Richmond Heights, MO 63117

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Office property with on-site management, gym, and updated amenities.

    Type:Office
    Added:
    Nov 19, 2018
    Days on Market:
    2754
    Last Refresh:
    May 19 at 9:28 pm

    Property Features for 1034 S Brentwood Blvd

    General Information

    Standard status
    Active
    Property subtype
    Office

    Building Details

    Year Built
    1973

    Spaces For Lease

    at 1034 S Brentwood Blvd Contact us

    We can help!

    Listing Contact
    Sabina Holtzman

    Listing agent Sabina Holtzman License #MO 2007027045

    Listing office St. Louis Commercial Real Estate

    Listing date Nov 19, 2018

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of St. Louis Commercial Real Estate

    HighLights

    • Centrally located with easy access to public transportation.
    • On‑site property ownership and management.
    • Free access to the gym for the first year and free use of conference rooms (4 hours/month).
    • 24‑hour card reader access security.
    • Fiber internet access available from both AT&T and Charter.
    • Recently renovated common areas including new flooring, wall coverings, updated lighting, and modernized restrooms.

    Overview

    This centrally located office property provides on-site property ownership and management. Tenants benefit from convenient access to public transportation and amenities such as Coma Coffee, general food vending, a gym, and 24-hour card reader access security. Fiber internet service is available from both AT&T and Charter. Common area renovations have been completed, featuring new flooring, wall coverings, updated lighting, modernized restrooms, and two conference rooms. New tenants will receive free access to the gym for the first year. The conference rooms are available at no charge for 4 hours per calendar month on a non-cumulative basis.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Law Firm Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richmond Heights
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.331
    Latitude
    38.6307

    Nearby Similar for Lease

    • $27 SF/Yr
      11,967 SF

      Richmond Heights Office Space Available

      Office space for rent in Richmond Heights, Missouri.
      1034 S Brentwood Blvd, Richmond Heights, MO
      View Details
    • Contact for pricing
      8,626 SF

      Retail Space in Saint Louis Galleria

      Exceptional leasing opportunities in top-performing Saint Louis Galleria.
      1400 Saint Louis Galleria St, Richmond Heights, MO
      View Details
    • Contact for pricing
      1,380 SF

      Retail Space in Mixed-Use Center

      Retail spaces available in vibrant mixed-use lifestyle center.
      12-34 The Blvd, Richmond Heights, MO
      View Details
    • $33 SF/Yr
      3,937 SF

      Richmond Heights Office Space Available

      Office space available in a mixed-use lifestyle center.
      1-19 The Blvd, Richmond Heights, MO
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space in Premier Location

      1,600 SF retail space in high-traffic St. Louis area.
      8015-8043 Dale Ave, Richmond Heights, MO
      View Details
    • Contact for pricing
      5,196 SF

      Retail Space in Mixed-Use Center

      Retail spaces available in a mixed-use lifestyle center.
      25-35 The Blvd, Richmond Heights, MO
      View Details
    • $32 SF/Yr

      Office Space Available For Lease

      Office space available for lease in Richmond Heights, Missouri.
      1035 Bellevue Ave, Richmond Heights, MO 63117
      View Details

    FAQs

    What type of property is this?
    Office building - Office property with on-site management, gym, and updated amenities.
    Where is this office building located?
    The property is located at 1034 S Brentwood Blvd Richmond Heights, MO.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: Centrally located with easy access to public transportation.; On‑site property ownership and management.; Free access to the gym for the first year and free use of conference rooms (4 hours/month).
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Sabina Holtzman
    Real Estate License ID: MO 2007027045
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1034 S Brentwood Blvd, Richmond Heights, MO 63117
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!