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I-70 Frontage Commercial Property

17721 North Service Road Wright City, MO 63390

17721 North Service Road, Wright City, MO, 63390
Contact for pricing
For Sale
Contact for pricing

Mixed-use property with office, apartments, garage, and outbuilding.

Property Size4,119 SF
Lot Size2.00 Acres
Price / SF$242.78
Days on Market69

Property Features for 17721 North Service Road

General Information

Standard status
Active
Size
4,119 SF
Lot size
2.00 Acres
Property subtype
Multifamily, Office, Industrial

Building Details

Year Built
1952
Listing Agency Coldwell Banker Gundake Saint Charles
Listed by Logan Strain · License #MO 2011010930
Source Crexi
Added: May 10 Checked: Jul 16 at 2:50 pm

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 Coldwell Banker Gundake Saint Charles


Investment Insights

Based on property information with market context.

This commercial property offers visibility from Interstate 70 and includes a partial office space, two apartments, a garage, and a 3300 sq ft outbuilding, all situated on over 2 acres with I-70 frontage. The brick building/office provides over 4,000 sq ft of space, featuring two kitchens, two full baths, three laundry rooms, a sunroom, a half bath, and multiple additional rooms. The layout is suited for two apartments on the upper level, with the main floor serving as office space, providing immediate income potential. The recently updated and expanded outbuilding offers nearly 3000 sq ft of space, equipped with 3-phase electric power, 8ft walls, ceilings exceeding 22ft in height, and two drive-in doors. The 2-acre site provides ample outdoor storage for equipment, machinery, and implements. This property is suitable for an owner-user or an owner requiring on-site storage, office space, and accommodations for 24-hour staff or employees. It is located directly opposite Highway 70 from the new multi-million-dollar TR Hughes McBride Development Elkhorn Ridge and is also situated just miles from the new American Foods multi-billion-dollar meat processing facility.

Key Highlights

  • I‑70 Frontage with High Visibility on over 2 acres
  • 4,000 +/- sq. ft. Brick Building with Office Space and 2 Apartments for Instant Income
  • 3,300 sq ft Outbuilding with 3‑Phase Electric, High Ceilings, and Drive‑in Doors

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $94.9k $23.04
− Vacancy −$20.9k −$5.07
EGI $74.0k $17.97
− OpEx −$18.5k −$4.49
NOI $55.5k $13.48
4,119 SF · lease $23.04/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$793.1K
$694.0K – $925.3K (±1% cap)
NOI $55,518 @ 7.0% cap · market cap 5.55%
Second Best
Mixed Use
$714.9K
$625.6K – $834.1K (±1% cap)
NOI $50,046 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$1.02M
$891.3K – $1.19M (±1% cap)
NOI $71,306 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Dental Office (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Kitchen & Bath Showroom Barber Shop Building Supply (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Mixed-use property with office, apartments, garage, and outbuilding.
Where is this mixed-use property located?
The property is located at 17721 North Service Road Wright City, MO.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: I‑70 Frontage with High Visibility on over 2 acres; 4,000 +/- sq. ft. Brick Building with Office Space and 2 Apartments for Instant Income; **3,300 sq ft Outbuilding with 3‑Phase Electric, High Ceilings, and Drive‑in Doors**
Contact an agent
(636) 328-2830 Call to check price and availability
More about this property
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