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

    3165 McKelvey Rd, Bridgeton, MO 63044

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Medical office building with income potential in Bridgeton, Missouri.

    Type:Office
    Property size:
    51,067 SF
    Price / SF:
    $68/SF
    Added:
    Mar 17, 2022
    Days on Market:
    1540
    Last Refresh:
    May 20 at 8:08 pm

    Property Features for 3165 McKelvey Rd

    General Information

    Standard status
    Active
    Size
    51,067 SF
    Property subtype
    Office

    Building Details

    Year Built
    1981

    We can help!

    Listing Contact
    Tony Salerno

    Listing agent Tony Salerno License #MO 1999071763

    Listing office NAI DESCO - St. Louis

    Listing date Mar 17, 2022

    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 NAI DESCO - St. Louis

    HighLights

    • Opportunity for medical office user to purchase their own building.
    • Potential for additional income.
    • Building constructed in 1981.
    • Property suitable for owner‑occupancy.
    • Investment opportunity.
    • Commercial property.

    Overview

    This commercial property, suitable for medical office or general office use, presents an opportunity for an owner-user seeking to purchase a building with additional income potential. The property is located in Bridgeton, Missouri. The building has a total size of 51067 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical Office Space

    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.

    Similar Places Nearby

    • Bridgeton Animal Hospital — 3148 McKelvey Rd, Bridgeton, MO 63044
    • Lutzeier Erick — 3148 McKelvey Rd, Bridgeton, MO 63044
    • Associated Veterinary Specialists — 12462 Natural Bridge Rd STE G, Bridgeton, MO 63044
    • Banfield Pet Hospital — 12046 Paul Mayer Ave, Bridgeton, MO 63044

    Location Insight

    • Map
    • Local Demand
    City
    Bridgeton
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.4264
    Latitude
    38.7646

    Nearby Similar for Sale

    • $1,500,000
      44,570 SF

      Bridgeton Hotel Near Airport

      104-room hotel near St. Louis Airport and major interstates.
      3470 Hollenberg Drive, Bridgeton, MO 63044
      View Details
    • $1,850,000
      13,588 SF

      Retail Space on High Traffic

      Retail space available on high traffic road in Bridgeton.
      11437 Saint Charles Rock Road, Bridgeton, MO 63044
      View Details
    • $12
      66,216 SF

      Prime Retail/Office Space Available

      Retail or office space for lease in thriving Bridgeton location.
      12302 - 12338 Natural Bridge Road, Bridgeton, MO 63044
      View Details
    • $3,300,000
      26,952 SF

      Saint Charles Rock Road Property

      26,952 SF property ideal for vehicle sales and repair.
      12750 Saint Charles Rock Road, Bridgeton, MO, 63044
      View Details
    • Contact for pricing
      9,759 SF

      9,759 SF Office Building

      Office building near I-70 and I-270, investment opportunity.
      3362 Hollenberg Dr, Bridgeton, MO 63044
      View Details
    • $1,350,000
      15,520 SF

      Medical Building Investment Opportunity

      Professional medical building for sale near SSM Health Center.
      3466 Bridgeland Dr, Bridgeton, MO
      View Details
    • $1,045,000
      10,000 SF

      Bridgeton Office Building For Sale

      Office building with 10,000 square feet of space.
      3820-3850 Mckelvey Rd , Bridgeton, MO
      View Details
    • $900,000
      7,503 SF

      Leased Industrial Property Near I-270

      Well-maintained industrial property 100% leased to long-term tenants.
      3377 Hollenberg Dr , Bridgeton, MO
      View Details
    • $1,500,000
      44,570 SF

      Bridgeton Hospitality Asset For Sale

      104-room hotel near St. Louis Airport and major interstates.
      3470 Hollenberg Drive, Bridgeton, MO 63044
      View Details
    • $3,300,000
      26,952 SF

      26,952 SF Commercial Property For Sale

      26,952 SF commercial property ideal for vehicle sales and repair.
      12750-12754 St. Charles Rock Rd, Bridgeton, MO
      View Details
    • $795,000
      10,192 SF

      Office Building Near Major Highways

      10,192 SF office building with convenient highway access.
      3460 Hollenberg Dr, Bridgeton, MO
      View Details
    • $2,200,000
      3,900 SF

      Office/Retail Space on High Traffic Road

      3,900 sq ft office/retail space on high traffic road.
      11437 Saint Charles Rock Rd, Bridgeton, MO, 63044-2724
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Medical office building with income potential in Bridgeton, Missouri.
    Where is this medical office space located?
    The property is located at 3165 McKelvey Rd Bridgeton, MO.
    What is the asking price?
    The asking price for this property is $3,495,000.
    What are key features of this property?
    This property features: Opportunity for medical office user to purchase their own building.; Potential for additional income.; Building constructed in 1981.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Tony Salerno
    Real Estate License ID: MO 1999071763
    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
    3165 McKelvey Rd, Bridgeton, MO 63044
    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!