Maryland Heights Office Building For
2043 Woodland Pkwy Maryland Heights, MO
For Sale
Contact for pricing
Stabilized investment opportunity with recent renovations and highway access.
Property Size63,000 SF
Lot Size2.80 Acres
Price / SF$142.06
Days on Market745
Property Features for 2043 Woodland Pkwy
General Information
Standard status
Active
Size
63,000 SF
Lot size
2.80 Acres
Property subtype
OFFICE
Properties For Sale
at 2043 Woodland Pkwy Contact us
Listing Agency:
JLL | St. Louis
(314) 261-7368
Listed By:
David Biales · License #2003022921
Source:
Moodyscre
Added: Jul 16, 2024
Changed: Jul 6
Last Checked: Jul 21 at 5:39AM
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 JLL | St. Louis
Investment Insights
Based on property information with market context.
This multi-tenant office building offers a stabilized investment opportunity. The property features floor plates of approximately 21,000 square feet. Significant interior and exterior renovations were completed in 2023, ensuring the property is in excellent physical condition. Top-of-building and monument signage opportunities are available. The property is centrally located in a desirable area with excellent highway access to I-270. The building has a total size of 63,000 square feet.
Key Highlights
- Excellent physical condition due to significant interior/exterior renovations in 2023.
- Stabilized investment opportunity.
- Centrally located in desirable area with excellent highway access to I‑270.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.41M | $22.32 |
| − Vacancy | −$381.1k | −$6.05 |
| EGI | $1.03M | $16.27 |
| − OpEx | −$256.3k | −$4.07 |
| NOI | $768.8k | $12.20 |
63,000 SF · lease $22.32/SF/yr · vacancy 27.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$10.98M
$9.61M – $12.81M
NOI $768,818 @ 7.0% cap · market cap 8.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$13.52M
$11.83M – $15.77M
NOI $946,464 @ 7.0% cap · market cap 10.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Stabilized investment opportunity with recent renovations and highway access.
Where is this office building located?
The property is located at 2043 Woodland Pkwy Maryland Heights, MO.
What is the asking price?
The asking price for this property is $8,950,000.
What are key features of this property?
This property features: Excellent physical condition due to significant interior/exterior renovations in 2023.; Stabilized investment opportunity.; Centrally located in desirable area with excellent highway access to I‑270.
