Medical Office with Treatment
For Sale
$575,000
2 Richmond Center Ct, Saint Peters, MO 63376
Private rooms are equipped with sinks, alongside multiple offices and two restrooms.
Property Size3,100 SF
Price / SF$185.48
Days on Market126
Property Features for 2 Richmond Center Ct
General Information
Standard status
Active
Size
3,100 SF
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$6,470
Building Details
Year Renovated
2010
Buildings
1
Listing Agency:
Coldwell Banker Realty - Gundaker
(636) 394-9300
Listed By:
Julie Moran
(314) 477-0417
Source:
Exprealty
Added: Jun 9
Changed: Oct 11
Last Checked: Oct 11 at 2:43PM
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 Realty - Gundaker
Investment Insights
Based on property information with market context.
At 2 Richmond Center Court in Saint Peters, this freestanding medical office offers over 3,100 square feet of space. The interior includes a reception lobby, several private offices and treatment rooms with sinks, and two restrooms. Dual entrances and separate HVAC systems serve the building, which underwent a comprehensive renovation in 2010.
The property is just off Interstate 70 and includes on-site parking. Its configuration combines private work areas with dedicated treatment rooms, supported by two building entrances and dual HVAC systems.
The property is just off Interstate 70 and includes on-site parking. Its configuration combines private work areas with dedicated treatment rooms, supported by two building entrances and dual HVAC systems.
Key Highlights
- Freestanding medical office with over 3, 100 square feet
- Multiple private offices and treatment rooms with sinks
- Two restrooms, dual entrances, and dual HVAC systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,441
Cap Rate
6.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$768,820
$768.8K
Cap Rate 7%
$549,157
$549.2K
Cap Rate 9%
$427,122
$427.1K
Market Conditions
NOI Build-Up for 3,100 SF
Gross rent
$70.3K $22.68/SF
− Vacancy
−$19.1K −$6.15/SF
EGI
$51.3K $16.53/SF
− OpEx
−$12.8K −$4.13/SF
NOI
$38.4K $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%
$768,820
Cap Rate 7%
$549,157
Cap Rate 9%
$427,122
Alternative Uses
Best Use
Office B
$549.2K
$480.5K – $640.7K
NOI $38,441 @ 7.0% cap · market cap 6.69%
Second Best
Healthcare Medical
$524.3K
$458.8K – $611.7K
NOI $36,701 @ 7.0% cap · market cap 6.38%
Theoretical Best
Warehouse
$820.4K
$717.9K – $957.2K
NOI $57,431 @ 7.0% cap · market cap 9.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 63376, MO
76,064
Population
30,718
Households
2.5
Avg Household Size
41
Median Age
39%
College-Educated
96%
High-School Grad
40.1 sq mi
ZIP Area
1,897
Density / Sq Mi
$94,921
Median Household Income
$49,754
Median Earnings
$1,319
Median Rent
$255,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Private rooms are equipped with sinks, alongside multiple offices and two restrooms.
Where is this medical office space located?
The property is located at 2 Richmond Center Ct Saint Peters, MO.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Freestanding medical office with over 3, 100 square feet; Multiple private offices and treatment rooms with sinks; Two restrooms, dual entrances, and dual HVAC systems
