Chesterfield Office Building For
For Sale
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17998 Chesterfield Airport Rd, Chesterfield, MO 63005
25,502 SqFt office building in Chesterfield, Missouri.
Property Size25,502 SF
Price / SF$137.24
Days on Market906
Property Features for 17998 Chesterfield Airport Rd
General Information
Standard status
Active
Size
25,502 SF
Property subtype
Office
Building Details
Stories
2
Listing Agency:
Avison Young - St. Louis
Listed By:
Mark Dorsey · License #MO 2016008903
(314) 785-7623
Source:
Crexi
Added: Apr 27, 2024
Changed: Oct 13
Last Checked: Oct 19 at 4:35AM
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 Avison Young - St. Louis
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Investment Insights
Based on property information with market context.
This commercial real estate offering features an office building with 25,502 square feet of space. The property is located on Chesterfield Airport Road in Chesterfield, Missouri.
Key Highlights
- Office Property
- 25,502 SqFt
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$311,213
Cap Rate
8.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,224,260
$6.2M
Cap Rate 7%
$4,445,900
$4.4M
Cap Rate 9%
$3,457,922
$3.5M
Market Conditions
NOI Build-Up for 25,502 SF
Gross rent
$569.2K $22.32/SF
− Vacancy
−$154.3K −$6.05/SF
EGI
$415.0K $16.27/SF
− OpEx
−$103.7K −$4.07/SF
NOI
$311.2K $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%
$6,224,260
Cap Rate 7%
$4,445,900
Cap Rate 9%
$3,457,922
Alternative Uses
Best Use
Office B
$4.45M
$3.89M – $5.19M
NOI $311,213 @ 7.0% cap · market cap 8.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.47M
$4.79M – $6.39M
NOI $383,122 @ 7.0% cap · market cap 10.95%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
714
Businesses Nearby
Explore this area
Business Placement
Demographics for 63005, MO
19,235
Population
7,322
Households
2.6
Avg Household Size
44
Median Age
81%
College-Educated
98%
High-School Grad
36.5 sq mi
ZIP Area
527
Density / Sq Mi
$202,232
Median Household Income
$103,426
Median Earnings
$1,570
Median Rent
$671,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - 25,502 SqFt office building in Chesterfield, Missouri.
Where is this office building located?
The property is located at 17998 Chesterfield Airport Rd Chesterfield, MO.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Office Property; 25,502 SqFt
