Two-Unit Medical Office
For Sale
$675,000
Pending
213 and 215 Creekside Office Drive, Wentzville, MO 63385
Commercial Sale, Wentzville, MO
Property Size3,000 SF
Lot Size0.30 Acres
Days on Market53
Property Features for 213 and 215 Creekside Office Drive
General Information
Property type
Commercial Sale
Property subtype
Office
Subdivision
Office Villas At Creekside
Directions
Gps friendly
Standard status
Pending
APN
4-0010-9955-00-0010.0000000
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
OFFICE VILLAS AT CREEKSIDE LOT 10
Tax Annual Amount
6033
Legal Description
OFFICE VILLAS AT CREEKSIDE LOT 10
Utilities
Heating system
Forced Air
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public
Building Details
Year built
2006
Flooring type
Carpet
Building materials
Brick, Vinyl Siding
Listing Agency:
EXP Realty, LLC
(866) 224-1761
Listed By:
Colleen Siebeneck · License #2023048150
(913) 908-8001
Added: Jul 16
Changed: Sep 5
Last Checked: Sep 6 at 4:06AM
MLS# 26040641
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Configured for medical office use, this approximately 3,000-square-foot commercial building contains two separate units and a predominantly brick exterior. The layout supports both continued professional occupancy and owner-user use, with one unit leased through June 2027 and the other scheduled to become available in August 2026. Potential applications identified for the property include medical, dental, wellness, professional office, and financial services uses, subject to zoning.
Built in 2006 on approximately 0.3 acres, the property includes carpeted interiors, forced-air heating, central air, ceiling fans, and public water service. The X-ray machine in the rear office of the owner’s suite is excluded from the sale and will be removed before closing.
Built in 2006 on approximately 0.3 acres, the property includes carpeted interiors, forced-air heating, central air, ceiling fans, and public water service. The X-ray machine in the rear office of the owner’s suite is excluded from the sale and will be removed before closing.
Key Highlights
- Approximately 3,000‑square‑foot medical office building with two separate units
- One unit leased through June 2027
- Second unit scheduled to be available in August 2026
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$37,201
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$744,020
$744.0K
Cap Rate 7%
$531,443
$531.4K
Cap Rate 9%
$413,344
$413.3K
Market Conditions
NOI Build-Up for 3,000 SF
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.
Gross rent
$68.0K $22.68/SF
− Vacancy
−$18.4K −$6.15/SF
EGI
$49.6K $16.53/SF
− OpEx
−$12.4K −$4.13/SF
NOI
$37.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$744,020
Cap Rate 7%
$531,443
Cap Rate 9%
$413,344
Alternative Uses
Best Use
Office B
$531.4K
$465.0K – $620.0K
NOI $37,201 @ 7.0% cap · market cap 5.51%
Second Best
Healthcare Medical
$507.4K
$444.0K – $592.0K
NOI $35,517 @ 7.0% cap · market cap 5.26%
Theoretical Best
Warehouse
$794.0K
$694.7K – $926.3K
NOI $55,578 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
422
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 - Two separate suites support a combination of leased occupancy and future owner-user or tenant availability.
Where is this medical office space located?
The property is located at 213 and 215 Creekside Office Drive Wentzville, MO.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Approximately 3,000‑square‑foot medical office building with two separate units; One unit leased through June 2027; Second unit scheduled to be available in August 2026
