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    Saint Louis Office Investment Opportunity Title is generated by Realmo AI

    4359 Lindell Blvd, Saint Louis, MT 63108

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    Picture of Office buildings at 4359 Lindell Blvd, Saint Louis, MT
    For Sale
    $4,700,000

    A Prime Investment Opportunity for Office Building Investors

    Property size:
    9,135 SF
    Price / SF:
    $514/SF
    Added:
    May 15, 2025
    Days on Market:
    377
    Last Refresh:
    Mar 16 at 9:06 am

    Property Features for 4359 Lindell Blvd

    General Information

    Standard status
    Active
    Property type
    Office buildings, Office Spaces
    Size
    9,135 SF
    Class
    C
    Elevators
    N/A

    Building Details

    Year Built
    1963
    Buildings
    1
    Stories
    1

    We can help!

    Listing Contact
    Mark Hejna

    Listing agent Mark License ##199105057

    Listing office SVN/Infinity Commercial Group

    Listing date May 15, 2025

    HighLights

    • Two spacious units for flexible occupancy or leasing opportunities.
    • Well‑maintained building constructed in 1963 and renovated in 2017 for enduring quality.
    • Zoned E for multi‑family development.
    • Prime location in the vibrant Saint Louis area for strategic advantage.
    • Ample square footage of 9,135 SF to cater to various office requirements.
    • Versatile layout to suit a range of office ventures and configurations.
    • Established infrastructure offering a strong foundation for development or expansion.
    • Convenient access to amenities and major transportation routes for connectivity.
    • Promising investment potential in a dynamic and thriving commercial market.
    • Ideal for multi family development.
    • 1.47 acres of premier land or 63,957 SF.
    • Located on the city's premier civic and residential boulevard in the central west end neighborhood.
    • 90 parking spaces
    • High traffic volume with over 20,000+ cars per day that pass by the property

    Overview

    This property, situated in Saint Louis, presents an investment opportunity for office building investors. The building, constructed in 1963 and renovated in 2017, features 9,135 square feet of space divided into two units. Zoned E for commercial use, the property offers potential for occupancy or leasing. The location provides proximity to amenities including Forest Park, the Saint Louis Art Museum, and the Missouri History Museum. The Central West End district is nearby, offering dining, shopping, and entertainment options. The area provides access to major transportation routes. The property includes 1.47 acres of land, equivalent to 63,957 square feet, and is located on a civic and residential boulevard in the central west end neighborhood. There are 90 parking spaces available. The location experiences high traffic volume, with over 20,000 cars passing by daily.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Louis
    County
    St. Louis
    State
    Montana
    Longitude
    -90.2537
    Latitude
    38.645

    FAQs

    What type of property is this?
    Office building - A Prime Investment Opportunity for Office Building Investors
    Where is this office building located?
    The property is located at 4359 Lindell Blvd Saint Louis, MT.
    What is the asking price?
    The asking price for this property is $4,700,000.
    What are key features of this property?
    This property features: Two spacious units for flexible occupancy or leasing opportunities.; Well‑maintained building constructed in 1963 and renovated in 2017 for enduring quality.; Zoned E for multi‑family development.
    (314) 574-8961
    We can help!
    Listing Contact
    Mark Hejna
    Real Estate License ID: #199105057
    Request Owner's contact information
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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.

    More about this property
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