Add Listing
    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

    2127 Innerbelt Business Center Dr Overland, MO

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Premier office building with modern design elements and ample parking.

    Type:OFFICE
    Property size:
    14,831 SF
    Lot size:
    8.26 Acres
    Added:
    Feb 15, 2024
    Days on Market:
    799
    Last Refresh:
    Apr 5 at 9:01 pm

    Property Features for 2127 Innerbelt Business Center Dr

    General Information

    Standard status
    Active
    Size
    14,831 SF
    Lot size
    8.26 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 2127 Innerbelt Business Center Dr Contact us

    We can help!

    Listing Contact
    Tripp H. Hardin, SIOR

    Listing agent Tripp H. Hardin, SIOR

    Listing office Cushman & Wakefield | St. Louis

    Listing date Feb 15, 2024

    Source Moodyscre

    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 Cushman & Wakefield | St. Louis

    Overview

    Modern Office Space For Rent

    This 3-story office building offers 42,157 rentable square feet within a secure campus environment. Situated on a 2.53-acre site, the property includes 170 surface parking spaces. The building features modern and updated design elements and interior finishes. An oversized breakroom and community room are available. The location provides premier corporate identification along Interstate 170. The building is adjacent to an 80,000 square foot expansion building. The property is equipped with a 3,500 lb. Otis hydraulic elevator. It features two newer 70-ton Trane RTV VAV distribution systems with 70 zones, managed by a JCI Energy Management system. Life safety is ensured by a fully sprinklered system with a Siemers Fire Panel. The power supply and distribution include a 1200 AMP 480/277 V main with subpanels. The ceiling system and lighting consist of a combination of open and closed configurations. Security is managed by a card access system with badge entry at the parking gate and entry doors. The property is available in the future.
    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 Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Overland
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.3623
    Latitude
    38.7012

    Nearby Similar for Lease

    • $1,050/Mo

      Commercial Space on Page Avenue

      700 SF commercial space ideal for office or retail.
      9558 Page Avenue, Overland, MO 63132
      View Details
    • $12 SF/Yr

      Renovated Office Building For Rent

      Turnkey office spaces in Overland, MO with excellent accessibility.
      2012 Woodson Rd, Overland, MO
      View Details
    • $8 SF/Yr

      Overland Flex Space Available

      Flex space with office/lab finish, convenient central location.
      1976-2000 Innerbelt Business Center Dr, Overland, MO
      View Details
    • $8 SF/Yr

      Overland Flex Space Available

      Divisible flex space with dock doors and central location.
      1930-1972 Innerbelt Business Center Dr, Overland, MO
      View Details
    • $10 SF/Yr

      Overland Warehouse Space For Lease

      Warehouse space with dock doors and central location available for lease.
      1900-1922 Innerbelt Business Center Dr, Overland, MO
      View Details
    • Contact for pricing

      Overland Warehouse Space Available

      3,255 SF warehouse space with office finish.
      1801-1839 Belt Way Drive, Overland, MO
      View Details
    • Contact for pricing

      Overland Commercial Space For Lease

      Commercial space available for lease in Overland, Missouri.
      1901-1939 Belt Way Drive, Overland, MO 63114
      View Details
    • $12 SF/Yr

      Office/Flex/Warehouse Space For Rent

      Office/flex/warehouse space featuring a truck-high loading dock.
      8610 Page Ave, Overland, MO
      View Details
    • Contact for pricing

      Retail Space in Overland

      Retail space available in Overland, St. Louis County.
      9550 Page Ave, Overland, MO 63114
      View Details
    • Contact for pricing

      Retail Building on Page Avenue

      6,777 SF building on 0.51 acres for rent.
      9550 Page Ave, Overland, MO
      View Details
    • Contact for pricing

      Overland Flex Space Available

      Flex space available for lease in Overland, Missouri.
      1908,1982 -2000 Innerbelt Business Center Drive, Overland, MO 63114
      View Details
    • Contact for pricing

      Warehouse and Office Space Available

      Flex space with dock loading and highway visibility.
      1801 Belt Way Dr, Overland, MO 63114
      View Details

    FAQs

    What type of property is this?
    Office building - Premier office building with modern design elements and ample parking.
    Where is this office building located?
    The property is located at 2127 Innerbelt Business Center Dr Overland, MO.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: Premier interstate (i 170) corporate identification; Secure campus environment; Modern / updated design elements and interior finish
    (314) 862-7100 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Tripp H. Hardin, SIOR
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!