Five-Suite Office
For Sale
$1,200,000
1405 Jungermann Road, St Peters, MO 63376
Commercial Sale, St Peters, MO
Property Size7,856 SF
Lot Size1.26 Acres
Price / SF$152.75
Days on Market47
Property Features for 1405 Jungermann Road
General Information
Property type
Commercial Sale
Property subtype
Office
Parking
41
Appliances
Water Heater, Tankless Water Heater
Subdivision
Ashleigh Commercial
Directions
This property is just off of the Page extension I-94 down Jungermann Road less than a mile. Excellent road frontage on the pm side in a high density single family home area. Perfect for office space with easy access to all of St. Charles county.
Standard status
Active
APN
3-0010-C385-00-0001,0000000
Lot size
1.26 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
15614
Utilities
Utilities
Cable Available
Cooling system
Central Air, Gas (Cooling)
Building Details
Year built
2004
Floors in Building
1
Flooring type
Tile - Ceramic, Combination, Carpet
Building materials
Asphalt, Brick Veneer, Stucco
Listing Agency:
Barry Upchurch Realty
(314) 749-6177
Listed By:
Barry Upchurch
(636) 530-7727
Added: Jul 22
Changed: Sep 4
Last Checked: Sep 6 at 12:06AM
MLS# 25074006
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This office property includes a five-suite building containing 7,856 square feet on 1.26 acres. Constructed in 2004, the building features carpet, ceramic tile, and combination flooring, along with central air and gas cooling. Suite A includes rubber flooring suited to exercise or fitness use. Suite E provides three private offices, a large reception area, and two additional open areas for storage, files, or workstations.
Suites B, C, and D are occupied by established businesses providing employee testing and identity-verification services and insurance services. The end-cap suites are available for an owner-occupier. The property also includes a parking area that has been evaluated for a potential standalone coffee, fast-food, or drive-through building. Concept plans have been reviewed by the City of St. Peters and Cottleville Fire District, and the additional parcel may be sold separately from the existing office building.
Suites B, C, and D are occupied by established businesses providing employee testing and identity-verification services and insurance services. The end-cap suites are available for an owner-occupier. The property also includes a parking area that has been evaluated for a potential standalone coffee, fast-food, or drive-through building. Concept plans have been reviewed by the City of St. Peters and Cottleville Fire District, and the additional parcel may be sold separately from the existing office building.
Key Highlights
- 5‑suite office building with 7,856 square feet on 1.26 acres
- 2004 construction with central air and gas cooling
- End‑cap suites available for an owner‑occupier
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
$97,417
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
8.12%
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%
$1,948,340
$1.9M
Cap Rate 7%
$1,391,671
$1.4M
Cap Rate 9%
$1,082,411
$1.1M
Market Conditions
NOI Build-Up for 7,856 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
$178.2K $22.68/SF
− Vacancy
−$48.3K −$6.15/SF
EGI
$129.9K $16.53/SF
− OpEx
−$32.5K −$4.13/SF
NOI
$97.4K $12.40/SF
Area
St. Charles County, MO
Vacancy
27.10%
Lease Rate
$22.68 /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%
$1,948,340
Cap Rate 7%
$1,391,671
Cap Rate 9%
$1,082,411
Alternative Uses
Best Use
Office B
$1.39M
$1.22M – $1.62M
NOI $97,417 @ 7.0% cap · market cap 8.12%
Second Best
Healthcare Medical
$1.33M
$1.16M – $1.55M
NOI $93,007 @ 7.0% cap · market cap 7.75%
Theoretical Best
Warehouse
$2.08M
$1.82M – $2.43M
NOI $145,541 @ 7.0% cap · market cap 12.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
5
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
671
Businesses Nearby
Explore this area
Business Placement
Demographics for 63376, MO
76,064
Population
30,718
Households
2.5
Avg Household Size
41
Median Age
39%
College-Educated
96%
High-School Grad
40.1 sq mi
ZIP Area
1,897
Density / Sq Mi
$94,921
Median Household Income
$49,754
Median Earnings
$1,319
Median Rent
$255,500
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 - Multi-suite office property with existing occupants and flexible end-cap space for owner-users.
Where is this office building located?
The property is located at 1405 Jungermann Road St Peters, MO.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 5‑suite office building with 7,856 square feet on 1.26 acres; 2004 construction with central air and gas cooling; End‑cap suites available for an owner‑occupier
