Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Three-Story Office Building For Rent Title is generated by Realmo AI

    2458 Old Dorsett Rd, Maryland Heights, MO 63043

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Prime office space in Maryland Heights with easy highway access.

    Type:Office
    Added:
    Jan 25, 2023
    Days on Market:
    1226
    Last Refresh:
    May 12 at 10:58 pm

    Property Features for 2458 Old Dorsett Rd

    General Information

    Standard status
    Active
    Property subtype
    Office

    Spaces For Lease

    at 2458 Old Dorsett Rd Contact us

    200 $19/Mo

    Size
    Type
    Office
    Contact us

    102 $19/Mo

    Size
    Type
    Office
    Contact us

    311 $19/Mo

    Size
    Type
    Office
    Contact us

    220 $19/Mo

    Size
    Type
    Office
    Contact us

    341 $19/Mo

    Size
    Type
    Office
    Contact us

    250 $19/Mo

    Size
    Type
    Office
    Contact us

    210 $19/Mo

    Size
    Type
    Office
    Contact us

    330 $19/Mo

    Size
    Type
    Office
    Contact us

    108 $19/Mo

    Size
    Type
    Office
    Contact us

    245 $19/Mo

    Size
    Type
    Office
    Contact us

    300 $19/Mo

    Size
    Type
    Office
    Contact us
    Show more

    We can help!

    Listing Contact
    Sharon Botkin

    Listing agent Sharon Botkin License #MO

    Listing office Scott Properties Commercial Real Estate

    Listing date Jan 25, 2023

    Source Crexi

    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 Scott Properties Commercial Real Estate

    HighLights

    • Prime location at the 270/Dorsett exchange with excellent visibility from I‑270, providing easy access to major highways.
    • Proximity to Westport area amenities including over 40 restaurants within 1 mile, plus shopping, banking, entertainment, and hotels.
    • Ample free parking.
    • Tenant breakroom with vending.
    • Carded building access.
    • Monument signage available.

    Overview

    This three-story brick office building is located in the Westport/Maryland Heights area. It features a tenant breakroom with vending machines, carded building access, elegant finishes, and glass suite entries. The building is situated at the 270/Dorsett exchange, providing convenient access to Interstates 270, 70, and 64/40, as well as Highway 364. The location offers visibility from I-270. The property is near Westport area amenities, including dining, shopping, banking, entertainment, and hotels. Within a one-mile radius, there are over 40 restaurants, a post office/UPS store, drugstores, gas stations, and grocery stores. Ample free parking is available, and monument signage is an option. Charter fiber and T1 service are available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Maryland Heights
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.4443155
    Latitude
    38.717893

    Nearby Similar for Lease

    • $129-$4,196/Mo
      11-1,292 SF

      West Port

      111 Port Plaza Dr, Unit 6TH, Maryland Heights, MO 63146
      View Details
    • $6 SF/Yr
      13,752 SF

      Maryland Heights Industrial Warehouse Space

      Spacious industrial warehouse in Maryland Heights with highway access.
      11611-11629 Fairgrove Industrial Boulevard, Maryland Heights, Missouri 63043
      View Details
    • $18 SF/Yr
      92,640 SF

      Class B Office Building For Lease

      92,640 SF Class B office building with multiple suites available.
      Maryland Heights, MO 63146
      View Details
    • Contact for pricing
      19,990 SF

      Maryland Heights Industrial Flex Space

      19,990 SF industrial flex space available for lease.
      430 Industrial Drive, Maryland Heights, MO, 63043
      View Details
    • $21 SF/Yr
      9,048 SF

      Riverport Office Space Available

      High-quality office space in Riverport Business Park.
      13500 Riverport Dr, Maryland Heights, MO
      View Details
    • $13 SF/Yr
      153,000 SF

      Class A Office Space Available

      Scalable Class A office space in Riverport Business Park.
      13655 Riverport Drive, Maryland Heights, MO, 63043
      View Details
    • $1,000/Mo
      1,000 SF

      Retail Space For Lease

      1,000 SF retail space available in Maryland Heights, MO.
      1 Midland Ave, Maryland Heights, MO
      View Details
    • Contact for pricing
      11,340 SF

      Office/Warehouse with Highway Visibility

      11,340 SF office/warehouse space with I-270 visibility.
      2466-2488 Old Dorsett Rd, Maryland Heights, MO 63043
      View Details
    • $1,295/Mo
      1,920 SF

      Office/Warehouse Space on Dorsett Road

      1,920 SF office/warehouse with drive-in access and signage.
      11485 Dorsett Rd, Maryland Heights, MO
      View Details
    • $7 SF/Yr
      10,339 SF

      West Port Warehouse and Office

      Warehouse and office space in West Port location.
      79-85 Weldon Parkway, Maryland Heights, MO
      View Details
    • $12 SF/Yr
      11,500 SF

      Maryland Heights Flex Space Available

      Office, warehouse, and commissary kitchen with outside storage.
      2331 Millpark Dr, Maryland Heights, MO
      View Details
    • $10 SF/Yr
      6,020 SF

      Updated Office/Lab Space For Rent

      6,020 Sq. Ft. commercial space with office and lab.
      11829-11869 Dorsett Rd, Maryland Heights, MO
      View Details

    FAQs

    What type of property is this?
    Office building - Prime office space in Maryland Heights with easy highway access.
    Where is this office building located?
    The property is located at 2458 Old Dorsett Rd Maryland Heights, MO.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: Prime location at the 270/Dorsett exchange with excellent visibility from I‑270, providing easy access to major highways.; Proximity to Westport area amenities including over 40 restaurants within 1 mile, plus shopping, banking, entertainment, and hotels.; Ample free parking.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Sharon Botkin
    Real Estate License ID: MO
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2458 Old Dorsett Rd, Maryland Heights, MO 63043
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!