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Office Building with Live-Work Flexibility
For Sale
$529,900

13830 Olive Boulevard, Chesterfield, MO 63017

Commercial-service zoning supports continued office use with added space for work, household, and service functions.

Property Size1,941 SF
Lot Size1.17 Acres
Price / SF$331.19
Days on Market49

Property Features for 13830 Olive Boulevard

General Information

Standard status Active
Size 1,941 SF
Total Parking Spaces 2
Lot size 1.17 Acres
Property subtype Office
Zoning CSP

Additional Details

Sprinkler System Yes

Taxes and HOA fees

Annual Taxes $9,525

Amenities

laundry facility
full bath
sunroom
covered porch

Building Details

Building Size 1,941 SF
Year Built 1951
Listing Agency: YEUNG, REALTORS
Listed By: Ken Yeung
Source: Aimeesimpson
Added: Sep 11 Changed: Oct 25 Last Checked: Oct 28 at 1:24PM

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 YEUNG, REALTORS

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Investment Insights

Based on property information with market context.

This office property at 13830 Olive Boulevard in Chesterfield occupies a 1.17-acre parcel measuring 250X205SF and includes an existing 1,600+/- SF building constructed in 1951. The layout includes finished lower-level office space, a laundry facility, full bath, sunroom, covered porch, and an oversized 2-car garage. A sprinkler system is also in place.

The property is zoned Commercial Service Procedure (CSP), supporting continued office use. Building updates include a new roof in 2026 and newer HVAC systems installed in 2025. Its current configuration accommodates office operations while also incorporating residential-style features, including the full bath, laundry area, sunroom, and covered porch. The property may also be divided for two residential lots.

Key Highlights

  • 1.17‑acre parcel measuring 250X205SF
  • Existing 1,600+/- SF office building constructed in 1951
  • Zoned Commercial Service Procedure (CSP)

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,679
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$393,580 $393.6K
Cap Rate 7%
$281,129 $281.1K
Cap Rate 9%
$218,656 $218.7K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$36.2K $22.62/SF
− Vacancy
−$4.7K −$2.94/SF
EGI
$31.5K $19.68/SF
− OpEx
−$11.8K −$7.38/SF
NOI
$19.7K $12.30/SF
Area
St. Louis County, MO
Vacancy
13.00%
Lease Rate
$22.62 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$393,580
Cap Rate 7%
$281,129
Cap Rate 9%
$218,656

Alternative Uses

Best Use
Mixed Use
$281.1K
$246.0K – $328.0K (±1% cap)
NOI $19,679 @ 7.0% cap · market cap 3.71%
Second Best
Office B
$278.9K
$244.1K – $325.4K (±1% cap)
NOI $19,526 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$343.4K
$300.5K – $400.6K (±1% cap)
NOI $24,037 @ 7.0% cap · market cap 4.54%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Law Firm Building Supply Auto Parts Store Pharmacy Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

261
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - Commercial-service zoning supports continued office use with added space for work, household, and service functions.
Where is this office building located?
The property is located at 13830 Olive Boulevard Chesterfield, MO.
What is the asking price?
The asking price for this property is $529,900.
What are key features of this property?
This property features: 1.17‑acre parcel measuring 250X205SF; Existing 1,600+/- SF office building constructed in 1951; Zoned Commercial Service Procedure (CSP)
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