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

    1015 Locust St St Louis, MO

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office space available in downtown St. Louis with on-site amenities.

    Property size:
    14,629 SF
    Lot size:
    0.64 Acres

    Property Features for 1015 Locust St St

    General Information

    Size
    14,629 SF
    Lot size
    0.64 Acres

    We can help!

    Listing Contact
    Christian Burns
    Christian Burns
    Source: Moodyscre

    Listing Agency: Avison Young Listing Agent: Christian Burns

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

    Learn more

    Overview

    Downtown Office Space For Rent

    This office space, located in downtown St. Louis, Missouri, offers 14,629 square feet. The property features an on-site fitness center, on-site property management, and covered parking. A conference center and a grab-and-go market are also located on-site.
    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

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.1928216
    Latitude
    38.6305392

    Nearby Similar for Lease

    • $1,600 /Mo
      2,300 SF

      Historic Landmark Commercial Space

      Renovated 2300 SF space ideal for office or studio.
      3660 Gravois Ave St, Louis, MO 63116
      View Details
    • New
      $1,350 /Mo
      15,464 SF

      Versatile Commercial Space Available

      1,250 SF commercial space in high-visibility location for lease.
      12412 Lusher Rd St, Louis, MO 63138
      View Details
    • $3,495 /Mo
      3,786 SF

      Secure Subterranean Industrial Space

      Reinforced concrete building designed for high security and redundancy.
      3280 Mckibbon Rd St, Louis, MO 63114
      View Details
    • $2,500 /Mo

      Warehouse Space in St Louis

      2300 SF warehouse space suitable for various businesses.
      6780 Southwest Ave St, Louis, MO 63143
      View Details
    • $400 /Mo
      5,105 SF

      Retail Space in High-Traffic Area

      Retail spaces available in high-traffic St. Louis location.
      7954 N Broadway St N, Louis, MO 63147
      View Details
    • $13 SF/Yr
      4,900 SF

      Commercial Building in High-Traffic Area

      4,900 SF commercial building suitable for retail or office use.
      1434 Chambers Rd St, Louis, MO 63135
      View Details
    • $14 SF/Yr
      2,583 SF

      Updated Office Space For Rent

      Updated office space with high-end finishes in high-traffic area.
      4700 Hampton Ave St, Louis, MO 63109
      View Details
    • Contact for pricing

      MO, St. Louis - Cedar Plaza

      Workspaces, services and support to help you work better in Market Street
      5000 Cedar Plz St, Louis, MO 63128
      View Details
    • Sponsored
      Contact for pricing

      MO, St. Louis - The Luxe on Lami

      Discover many ways to work your way in Doylestown
      1031 Lami St 63104 St, Louis, MO 63104
      View Details
    • New
      $14 SF/Yr
      4,221 SF

      Retail Space in Vibrant Neighborhood

      Retail units for lease in a high-traffic St. Louis location.
      5848-5858 Hampton Ave St, Louis, MO 63109
      View Details
    • $12 SF/Yr
      3,000 SF

      Retail Space in Overland

      2000 SF retail space with basement storage and parking.
      9118-20 Lackland Rd St, Louis, MO 63114
      View Details
    • $2,860 /Mo
      4,260 SF

      Hampton Avenue Office Suites Available

      Office suites for lease in Hampton Manor Office Complex.
      3250-3270 Hampton Ave St, Louis, MO 63139
      View Details

    FAQs

    What type of property is this?
    Office units - Office space available in downtown St. Louis with on-site amenities.
    Where is this office units located?
    The property is located at 1015 Locust St St Louis, MO.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - On-Site Fitness Center for your convenience.; - On-Site Covered Parking available.; - Benefit from On-Site Property Management.
    (314) 968-9898 Call to check price and availability
    Request Owner's contact information
    1015 Locust St St Louis, 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.
    1015 Locust St St
    Louis, 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
    1015 Locust St St Louis, 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!
    Contact for Pricing
    Please call us for current price
    and status of this listing Christian Burns
    Christian Burns
    (314) 968-9898 (314) 785-7693
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!