Multi-Tenant Office Building For
For Sale
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1799 Smizer Station Rd, Fenton, MO 63026
4,012 SF multi-tenant office building available for immediate occupancy.
Property Size4,012 SF
Price / SF$149.55
Days on Market1550
Property Features for 1799 Smizer Station Rd
General Information
Standard status
Active
Size
4,012 SF
Property subtype
Office
Investment Type
Owner/User
Building Details
Year Renovated
2020
Tenancy
Multi
Listing Agency:
Intelica
Listed By:
Dan Merlo, CCIM · License #MO 1999093826
(314) 409-1624
Source:
Crexi
Added: Jul 27, 2022
Changed: Oct 8
Last Checked: Oct 20 at 8:15PM
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 Intelica
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A 4,012 square foot multi-tenant office building is available for sale and immediate occupancy. Located at 1799 Smizer Station Rd, the property is suitable for an owner/user seeking a building with separately metered suites on the lower level that can provide additional income.
Key Highlights
- 4,012 SF multi‑tenant office building.
- Available for immediate occupancy.
- Excellent owner/user building.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,960
Cap Rate
8.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$979,200
$979.2K
Cap Rate 7%
$699,429
$699.4K
Cap Rate 9%
$544,000
$544.0K
Market Conditions
NOI Build-Up for 4,012 SF
Gross rent
$89.5K $22.32/SF
− Vacancy
−$24.3K −$6.05/SF
EGI
$65.3K $16.27/SF
− OpEx
−$16.3K −$4.07/SF
NOI
$49.0K $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 Rate 5%
$979,200
Cap Rate 7%
$699,429
Cap Rate 9%
$544,000
Alternative Uses
Best Use
Office B
$699.4K
$612.0K – $816.0K
NOI $48,960 @ 7.0% cap · market cap 8.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$861.0K
$753.4K – $1.00M
NOI $60,273 @ 7.0% cap · market cap 10.05%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
254
Businesses Nearby
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Business Placement
Demographics for 63026, MO
44,648
Population
18,051
Households
2.5
Avg Household Size
41
Median Age
40%
College-Educated
93%
High-School Grad
25.3 sq mi
ZIP Area
1,765
Density / Sq Mi
$96,145
Median Household Income
$48,827
Median Earnings
$1,091
Median Rent
$281,900
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - 4,012 SF multi-tenant office building available for immediate occupancy.
Where is this office building located?
The property is located at 1799 Smizer Station Rd Fenton, MO.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 4,012 SF multi‑tenant office building.; Available for immediate occupancy.; Excellent owner/user building.
