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Small Office Suite with Private Offices
For Sale
$150,000

4-410 Sovereign Ct, Ballwin, MO 63011

Office suite features two private offices and a private bath with front and rear handicap-accessible entry options.

Property Size920 SF
Price / SF$163.04
Days on Market142

Property Features for 4-410 Sovereign Ct

General Information

Standard status Active
Size 920 SF
Total Parking Spaces 3

Additional Details

Lease Term 36 months
Highway Access Yes

Taxes and HOA fees

Annual Taxes $4,434

Building Details

Year Renovated 2018
Listing Agency: RE/MAX Results
Listed By: Kim Cameron · License #2003019788
Source: Exprealty
Added: Jun 10 Changed: Oct 26 Last Checked: Oct 28 at 10:49AM

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 RE/MAX Results

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Investment Insights

Based on property information with market context.

This small office suite is configured with two private offices and one private bath. The space offers both front and rear entry options and includes handicap accessibility. Recent interior updates include new carpet and fresh paint (2017) and an updated bathroom (2018). The owner is open to tenant moving walls to accommodate changing needs.

The property provides three assigned parking spaces and additional parking in a large lot. The suite is described as quiet and tucked away from busy Manchester Road, while still offering easy access to major roads and I-270.

The unit measures 46' x 20' and is available for July 2026 occupancy, with lease terms of 3 years minimum. Current availability and showing details can be arranged through the listing broker.

Key Highlights

  • Office suite includes 2 private offices and 1 private bath
  • 46' x 20' unit with front and rear entry options with handicap accessibility
  • New carpet and fresh paint installed in 2017; bathroom updated in 2018

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,227
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$224,540 $224.5K
Cap Rate 7%
$160,386 $160.4K
Cap Rate 9%
$124,744 $124.7K
Market Conditions
NOI Build-Up for 920 SF
Gross rent
$20.5K $22.32/SF
− Vacancy
−$5.6K −$6.05/SF
EGI
$15.0K $16.27/SF
− OpEx
−$3.7K −$4.07/SF
NOI
$11.2K $12.20/SF
Area
St. Louis County, MO
Vacancy
27.10%
Lease Rate
$22.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$224,540
Cap Rate 7%
$160,386
Cap Rate 9%
$124,744

Alternative Uses

Best Use
Office B
$160.4K
$140.3K – $187.1K (±1% cap)
NOI $11,227 @ 7.0% cap · market cap 7.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$197.4K
$172.8K – $230.4K (±1% cap)
NOI $13,821 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Auto Parts Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

691
Businesses Nearby

Demographics for 63011, MO

37,495
Population
14,822
Households
2.5
Avg Household Size
44
Median Age
66%
College-Educated
98%
High-School Grad
14.3 sq mi
ZIP Area
2,622
Density / Sq Mi
$121,941
Median Household Income
$65,659
Median Earnings
$1,624
Median Rent
$373,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Office suite features two private offices and a private bath with front and rear handicap-accessible entry options.
Where is this office unit located?
The property is located at 4-410 Sovereign Ct Ballwin, MO.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Office suite includes 2 private offices and 1 private bath; 46' x 20' unit with front and rear entry options with handicap accessibility; New carpet and fresh paint installed in 2017; bathroom updated in 2018
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