Freestanding Brick Medical
For Sale
$2,100,000
1660 W Meyer Road, Wentzville, MO 63385
A longstanding medical tenant occupies the property under a lease scheduled to expire in February 2028.
Property Size6,541 SF
Price / SF$321.05
Days on Market181
Property Features for 1660 W Meyer Road
General Information
Standard status
Active
Size
6,541 SF
Total Parking Spaces
35
Property subtype
Commercial
Additional Details
Highway Access
Yes
Tenant in Place
Yes
Property Use
Medical Office
Taxes and HOA fees
Annual Taxes
$22,335
Building Details
Building Size
6,541 SF
Year Built
2001
Buildings
1
Stories
1
Construction
brick
Tenancy
Single
Listing Agency:
Keller Williams Realty West
(636) 229-8500
Listed By:
Chad Wilson · License #2009011945
(636) 229-8743
Source:
Flowershomerealty
Added: Apr 27
Changed: Oct 23
Last Checked: Oct 23 at 3:20PM
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 Keller Williams Realty West
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding brick medical office contains 6,541 square feet and was built in 2001. The building has 35 parking spaces and is occupied by a longstanding medical user, with the lease set to expire in February 2028.
Nearby retailers and services include Sam's Club, Target, Schnucks, Dierbergs, Home Depot, Lowe's, Chick-fil-A, and Wentzville schools. The property offers access to I-70 and Hwy 40/64.
Nearby retailers and services include Sam's Club, Target, Schnucks, Dierbergs, Home Depot, Lowe's, Chick-fil-A, and Wentzville schools. The property offers access to I-70 and Hwy 40/64.
Key Highlights
- 6,541‑square‑foot freestanding brick medical office
- Built in 2001
- 35 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,110
Cap Rate
3.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,622,200
$1.6M
Cap Rate 7%
$1,158,714
$1.2M
Cap Rate 9%
$901,222
$901.2K
Market Conditions
NOI Build-Up for 6,541 SF
Gross rent
$148.3K $22.68/SF
− Vacancy
−$40.2K −$6.15/SF
EGI
$108.1K $16.53/SF
− OpEx
−$27.0K −$4.13/SF
NOI
$81.1K $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 Rate 5%
$1,622,200
Cap Rate 7%
$1,158,714
Cap Rate 9%
$901,222
Alternative Uses
Best Use
Office B
$1.16M
$1.01M – $1.35M
NOI $81,110 @ 7.0% cap · market cap 3.86%
Second Best
Healthcare Medical
$1.11M
$968.0K – $1.29M
NOI $77,439 @ 7.0% cap · market cap 3.69%
Theoretical Best
Warehouse
$1.73M
$1.51M – $2.02M
NOI $121,180 @ 7.0% cap · market cap 5.77%
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
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
495
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 63385, MO
47,756
Population
17,997
Households
2.7
Avg Household Size
36
Median Age
39%
College-Educated
95%
High-School Grad
66.8 sq mi
ZIP Area
715
Density / Sq Mi
$111,851
Median Household Income
$58,782
Median Earnings
$1,221
Median Rent
$321,300
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
Similar Off Market Nearby
- Banfield Pet Hospital — 1846 Wentzville Pkwy, Wentzville, MO 63385
- Gate Way Equine Veterinary — 1531 Wentzville Pkwy, Wentzville, MO 63385
Frequently Asked Questions
What type of property is this?
Medical Office Space - A longstanding medical tenant occupies the property under a lease scheduled to expire in February 2028.
Where is this medical office space located?
The property is located at 1660 W Meyer Road Wentzville, MO.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 6,541‑square‑foot freestanding brick medical office; Built in 2001; 35 parking spaces
