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

    714 Park Dr Chesterfield, MO 63005

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $216,315

    Office space for sale in Chesterfield, Missouri.

    Property size:
    1,881 SF
    Lot size:
    2.46 Acres

    Property Features for 714 Park Dr

    General Information

    Size
    1,881 SF
    Lot size
    2.46 Acres

    We can help!

    Listing Contact
    Pam Hinds
    Pam Hinds
    Source: Moodyscre

    Listing Agent: Pam Hinds

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

    Learn more

    Overview

    Chesterfield Office Space Available

    This commercial property offers 1881 square feet of office space and is located at 714 Spirit 40 Park Dr in Chesterfield, Missouri.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Spa & Massage Dental Office Law Firm Hotel & Motel Realty agency Skin Care Clinic Auto Parts Store Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Chesterfield
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.6397381
    Latitude
    38.6715485

    Nearby Similar for Sale

    • Contact for pricing
      40,402 SF

      Premier Chesterfield Office Space

      Sophisticated office spaces with high-quality finishes and customizable features.
      1819 Clarkson, Chesterfield, MO 63017
      View Details
    • Contact for pricing
      17,036 SF

      First Floor Office Space Available

      First floor office space suitable for professional or medical use.
      Chesterfield, MO 63017
      View Details
    • $275,000

      Refreshed Condo in Monarch Trace

      Refreshed 2BD/2BA condo with peaceful views in Chesterfield.
      2 Monarch Trace Ct, Chesterfield, MO 63017
      View Details
    • $995,000
      7,308 SF

      Chesterfield Valley Office Buildings For Sale

      Two office buildings totaling 7,308 SF in Chesterfield Valley.
      612 Cepi Dr, Chesterfield, MO 63005
      View Details
    • $2,100,000

      Chesterfield Valley Office Investment

      Office building in Chesterfield Valley, investment or owner-user opportunity.
      618 Cepi Dr, Chesterfield, MO 63005
      View Details
    • $550,000
      4,725 SF

      722 Walnut Creek Lane, Chesterfield, MO 63017,

      Single family properties • 4,725 SF
      722 Walnut Creek Ln, Chesterfield, MO 63017
      View Details
    • $3,700,000
      6,703 SF

      Retail Space in Chesterfield Valley

      Rare retail ownership opportunity in a prime St. Louis location.
      2 Mcbride & Son Ctr Dr, Chesterfield, MO
      View Details
    • $13,573,300
      104,410 SF

      Chesterfield Office Building For Sale

      Office building in Chesterfield with ample parking and highway access.
      15450 S Outer 40 Rd, Chesterfield, MO 63017
      View Details
    • $1,650,000
      12,325 SF

      Flex Buildings on One Acre

      Two buildings with office and drive-in doors for sale.
      660 Goddard Ave, Chesterfield, MO 63005
      View Details
    • $5,806,451
      14,145 SF

      Retail Property in Chesterfield, MO

      Retail property available for sale in Chesterfield, Missouri.
      917 E Chesterfield Pkwy, Chesterfield, MO 63017
      View Details
    • $225,000
      900 SF

      Chesterfield Office Space Near HWY

      900 SF office space located near HWY 64.
      17269 Wild Horse Creek Rd, Chesterfield, MO 63005
      View Details
    • $1,500,000
      1.34 Acres

      Chesterfield Valley Development Opportunity

      Prime 5.12-acre commercial land, ideal for various uses.
      18350 Chesterfield Airport Rd, Chesterfield, MO 63005
      View Details

    FAQs

    What type of property is this?
    Office space - Office space for sale in Chesterfield, Missouri.
    Where is this office space located?
    The property is located at 714 Park Dr Chesterfield, MO.
    What is the asking price?
    The asking price for this property is $216,315.
    What are key features of this property?
    This property features: - Office space for sale.; - Located in Chesterfield, Missouri.
    (314) 605-9867
    Request Owner's contact information
    714 Park Dr Chesterfield, MO 63005
    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.
    714 Park Dr
    Chesterfield, MO 63005
    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
    714 Park Dr Chesterfield, MO 63005
    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
    Pam Hinds
    Pam Hinds
    (314) 605-9867
    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.