Office Building for
For Sale
$975,000
357 N Woods Mill Rd, Chesterfield, MO 63017
Office building offered for sale at 357 N Woods Mill Rd, Chesterfield, MO.
Property Size4,262 SF
Days on Market150
Property Features for 357 N Woods Mill Rd
General Information
Standard status
Active
Size
4,262 SF
Class
C
Property subtype
Office
Building Details
Building Size
4,262 SF
Year Built
1999
Listing Agency:
CBRE
Listed By:
Matt Bukhshtaber
(314) 655-6000
Source:
Commercialcafe
Added: Apr 9
Changed: Aug 14
Last Checked: Sep 5 at 4:50AM
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 CBRE
Investment Insights
Based on property information with market context.
This property is an office building offered for sale under the commercial office category. The available information describes the asset as a commercial office real estate offering, with the specific listing address provided.
The property is located at 357 N Woods Mill Rd, Chesterfield, MO 63017. No additional details are available regarding building size, unit count, floor plan, condition, or tenancy.
Interested parties should verify all operational and physical characteristics directly with the listing broker, as further specifics were not included in the provided data.
The property is located at 357 N Woods Mill Rd, Chesterfield, MO 63017. No additional details are available regarding building size, unit count, floor plan, condition, or tenancy.
Interested parties should verify all operational and physical characteristics directly with the listing broker, as further specifics were not included in the provided data.
Key Highlights
- Office building for sale at 357 N Woods Mill Rd, Chesterfield, MO
- Built in 1999
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$52,011
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,040,220
$1.0M
Cap Rate 7%
$743,014
$743.0K
Cap Rate 9%
$577,900
$577.9K
Market Conditions
NOI Build-Up for 4,262 SF
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.
Gross rent
$95.1K $22.32/SF
− Vacancy
−$25.8K −$6.05/SF
EGI
$69.3K $16.27/SF
− OpEx
−$17.3K −$4.07/SF
NOI
$52.0K $12.20/SF
Area
St. Louis County, MO
Vacancy
27.10%
Lease Rate
$22.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,040,220
Cap Rate 7%
$743,014
Cap Rate 9%
$577,900
Alternative Uses
Best Use
Office B
$743.0K
$650.1K – $866.9K
NOI $52,011 @ 7.0% cap · market cap 5.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$914.7K
$800.4K – $1.07M
NOI $64,029 @ 7.0% cap · market cap 6.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
96
Businesses Nearby
Explore this area
Business Placement
Demographics for 63017, MO
42,773
Population
18,726
Households
2.3
Avg Household Size
49
Median Age
70%
College-Educated
97%
High-School Grad
19.3 sq mi
ZIP Area
2,216
Density / Sq Mi
$128,750
Median Household Income
$77,813
Median Earnings
$1,632
Median Rent
$452,000
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building offered for sale at 357 N Woods Mill Rd, Chesterfield, MO.
Where is this office building located?
The property is located at 357 N Woods Mill Rd Chesterfield, MO.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Office building for sale at 357 N Woods Mill Rd, Chesterfield, MO; Built in 1999
