Office Building with Monument
For Sale
Contact for pricing
3611 Richardson Square Way, Arnold, MO 63010
Office layout supports both an available suite and existing USA Mortgage occupancy.
Property Size8,000 SF
Price / SF$176.88
Days on Market51
Property Features for 3611 Richardson Square Way
General Information
Standard status
Active
Size
8,000 SF
Property subtype
OFFICE
Additional Details
Asking Price
$1,415,000
Amenities
Monument Signage
Building Details
Parking Ratio
4 per 1,000 SF
Listing Agency:
LOCATION. Commercial Real Estate
(314) 314-8181
Listed By:
Ben Weis · License #2016009935
(314) 629-6532
Source:
Moodyscre
Added: Aug 26
Changed: Sep 14
Last Checked: Oct 14 at 9:12PM
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 LOCATION. Commercial Real Estate
Investment Insights
Based on property information with market context.
The office property contains 8,000 square feet in total, configured with 3,325 square feet available for lease and 4,675 square feet occupied by USA Mortgage. The current arrangement provides an operating office environment with a defined vacant component, while an owner-occupier may use the full building if USA Mortgage vacates for that purpose.
Parking is provided at a 4:1000 ratio, and monument signage is available at the property. The building is located at 3611 Richardson Square Way in Arnold, Missouri, within the Richardson Square area. Its existing occupancy, available suite area, and full-building option create multiple configuration choices for office users.
Parking is provided at a 4:1000 ratio, and monument signage is available at the property. The building is located at 3611 Richardson Square Way in Arnold, Missouri, within the Richardson Square area. Its existing occupancy, available suite area, and full-building option create multiple configuration choices for office users.
Key Highlights
- 8,000 square feet of total office space
- 3,325 square feet available for lease
- 4,675 square feet occupied by USA Mortgage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,777
Cap Rate
7.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,015,540
$2.0M
Cap Rate 7%
$1,439,671
$1.4M
Cap Rate 9%
$1,119,744
$1.1M
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$184.3K $23.04/SF
− Vacancy
−$50.0K −$6.24/SF
EGI
$134.4K $16.80/SF
− OpEx
−$33.6K −$4.20/SF
NOI
$100.8K $12.60/SF
Area
Jefferson County, MO
Vacancy
27.10%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,015,540
Cap Rate 7%
$1,439,671
Cap Rate 9%
$1,119,744
Alternative Uses
Best Use
Office B
$1.44M
$1.26M – $1.68M
NOI $100,777 @ 7.0% cap · market cap 7.12%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$23.76M
$20.79M – $27.72M
NOI $1,663,145 @ 7.0% cap · market cap 117.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
672
Businesses Nearby
Explore this area
Business Placement
Demographics for 63010, MO
35,027
Population
14,854
Households
2.4
Avg Household Size
41
Median Age
23%
College-Educated
91%
High-School Grad
21.6 sq mi
ZIP Area
1,622
Density / Sq Mi
$76,839
Median Household Income
$42,798
Median Earnings
$1,074
Median Rent
$214,100
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office layout supports both an available suite and existing USA Mortgage occupancy.
Where is this office building located?
The property is located at 3611 Richardson Square Way Arnold, MO.
What is the asking price?
The asking price for this property is $1,415,000.
What are key features of this property?
This property features: 8,000 square feet of total office space; 3,325 square feet available for lease; 4,675 square feet occupied by USA Mortgage
