Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    12977 N 40 Dr Creve Coeur, MO

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $20 SF/Yr ($6,241 /Mo)

    Office space available in a three-story brick building.

    Property size:
    3,745 SF
    Lot size:
    5.03 Acres

    Property Features for 12977 N 40 Dr

    General Information

    Size
    3,745 SF
    Lot size
    5.03 Acres

    We can help!

    Listing Contact
    Sharon Botkin
    Sharon Botkin
    Source: Moodyscre

    Listing Agent: Sharon Botkin

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

    Learn more

    Overview

    Office Space in Creve Coeur

    This office space is located in a three-story brick building in a tree-lined setting. The location is at the intersection of Highway 40 and Mason, offering a convenient location. The property features excellent window lines. Vending and express mail services are available. Charter, Charter fiber, AT&T fiber, and T1 service are available. The lease is full-service. The property contains 3,745 square feet.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Creve Coeur
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.422618
    Latitude
    38.6608855

    Nearby Similar for Lease

    • $25 SF/Yr

      Creve Coeur Office Space Available

      Modern office suites in Creve Coeur's First Green Commercial Building.
      844 N New Ballas Ct, Creve Coeur, MO
      View Details
    • $17 SF/Yr
      2,737 SF

      Updated Office Space Available

      Move-in ready office suites with updated common areas and amenities.
      12125 Woodcrest Executive Dr, Creve Coeur, 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
    • $20 SF/Yr
      3,630 SF

      Renovated Office Building with Parking

      Class B office building with renovated common areas and parking.
      12101 Woodcrest Executive Dr, Creve Coeur, MO
      View Details
    • $9 SF/Yr
      6,459 SF

      Creve Coeur Office Space for Lease

      Flexible Office Solutions in St. Louis County
      12645 Olive Blvd, Creve Coeur, MO 63141
      View Details
    • $26 SF/Yr
      6,012 SF

      Class A Office Building

      Six-story office building with high-end finishes and convenient access.
      12312 Olive Blvd, Creve Coeur, MO
      View Details
    • $23 SF/Yr
      55,922 SF

      Creve Coeur Medical Office Building

      Prime Medical Office Space Available
      522 New Ballas Rd, Creve Coeur, MO 63141
      View Details
    • $19 SF/Yr

      Westchase Office Space Available

      Creve Coeur Office Building, 4 Suites Available
      10845 Olive Blvd, Creve Coeur, MO 63141
      View Details
    • $29 SF/Yr
      82,000 SF

      CityPlace Medical Office Suites

      Class A Medical Office Space in Creve Coeur, MO
      845 New Ballas Ct, Creve Coeur, MO 63141
      View Details
    • Contact for pricing
      1,166 SF

      Mixed-Use Property with Retail Spaces

      Mixed-use property featuring retail spaces in transit-friendly location.
      1001 Old Olive Way, Creve Coeur, MO
      View Details
    • Contact for pricing
      115,252 SF

      Bellerive Plaza Retail Space

      Creve Coeur, MO Retail Center - Spaces Available
      12756 Olive Blvd, Creve Coeur, MO 63141
      View Details
    • $18 SF/Yr
      52,554 SF

      Creve Coeur Office Building For Sale

      Prime Office Space, 8 Suites Available
      655 Craig Rd, Creve Coeur, MO 63141
      View Details

    FAQs

    What type of property is this?
    Office space - Office space available in a three-story brick building.
    Where is this office space located?
    The property is located at 12977 N 40 Dr Creve Coeur, MO.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Convenient location at the intersection of Hwy. 40 and Mason.; - Full-service lease.; - Excellent window lines.
    (314) 542-0777
    Request Owner's contact information
    12977 N 40 Dr Creve Coeur, MO
    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.
    12977 N 40 Dr
    Creve Coeur, MO
    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
    12977 N 40 Dr Creve Coeur, MO
    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

    We can help!
    Listing Contact
    Sharon Botkin
    Sharon Botkin
    (314) 542-0777
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.