Executive Park Office
For Sale
Contact for pricing
165-167 Clarkson Executive Park, Ellisville, MO 63011
Office accommodation positioned within an established executive park setting.
Property Size1,392 SF
Price / SF$165.23
Days on Market162
Property Features for 165-167 Clarkson Executive Park
General Information
Standard status
Active
Size
1,392 SF
Property subtype
Office
Investment Type
Owner/User
Building Details
Units
2
Listing Agency:
Mckelvey Properties
Listed By:
Kim Richter · License #MO 2002027820
Source:
Crexi
Added: Mar 23
Changed: Aug 30
Last Checked: Aug 30 at 8:40AM
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 Mckelvey Properties
Investment Insights
Based on property information with market context.
This office unit contains 1,392 square feet within the Clarkson Executive Park property. The address is 165-167 Clarkson Executive Park in Ellisville, Missouri, with ZIP Code 63011.
Key Highlights
- 1,392 square feet of office space
- Located at 165‑167 Clarkson Executive Park, Ellisville, MO 63011
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
$16,987
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
7.39%
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%
$339,740
$339.7K
Cap Rate 7%
$242,671
$242.7K
Cap Rate 9%
$188,744
$188.7K
Market Conditions
NOI Build-Up for 1,392 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
$31.1K $22.32/SF
− Vacancy
−$8.4K −$6.05/SF
EGI
$22.6K $16.27/SF
− OpEx
−$5.7K −$4.07/SF
NOI
$17.0K $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%
$339,740
Cap Rate 7%
$242,671
Cap Rate 9%
$188,744
Alternative Uses
Best Use
Office B
$242.7K
$212.3K – $283.1K
NOI $16,987 @ 7.0% cap · market cap 7.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$298.7K
$261.4K – $348.5K
NOI $20,912 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
959
Businesses Nearby
Explore this area
Business Placement
Demographics for 63011, MO
37,495
Population
14,822
Households
2.5
Avg Household Size
44
Median Age
66%
College-Educated
98%
High-School Grad
14.3 sq mi
ZIP Area
2,622
Density / Sq Mi
$121,941
Median Household Income
$65,659
Median Earnings
$1,624
Median Rent
$373,600
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 units - Office accommodation positioned within an established executive park setting.
Where is this office units located?
The property is located at 165-167 Clarkson Executive Park Ellisville, MO.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 1,392 square feet of office space; Located at 165‑167 Clarkson Executive Park, Ellisville, MO 63011
