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Two-Office Professional Office Unit
For Sale
$150,000

410 sovereign Court, Saint Louis, MO 63011

Commercial Sale, St Louis, MO

Property Size920 SF
Lot Size0.02 Acres
Price / SF$163.04
Days on Market118

Property Features for 410 sovereign Court

General Information

Property type Commercial Sale
Property subtype Office
Parking features Open, Parking Lot
Subdivision Regency Park
Directions GPS friendly
Standard status Active
APN 22P-13-0146
Lot size 0.02 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4434

Utilities

Utilities Water Available
Heating system Forced Air, Electric (Heating)
Cooling system Central Air, Electric
Water source Public

Amenities

handicap accessibility

Building Details

Year built 1981
Floors in Building 1
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Kim Cameron · License #2003019788
Added: Jun 10 Changed: Sep 28 Last Checked: Oct 5 at 8:06PM
MLS# 26036629

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.

This office unit measures 46' X 20' and is configured with 2 private offices and 1 private bath. Front and rear entry options provide flexibility, with handicap accessibility for easier access. The space received new carpet and fresh paint in 2017, followed by an updated bathroom in 2018. The owner is open to wall changes to support a tenant’s preferred layout.

The property is located near major roads and I-270 while sitting away from Manchester road. Parking includes 3 assigned spaces, with additional parking available in the large lot. Heating is provided by electric forced air, and the unit has central air and electric cooling. The property is available for July 2026 occupancy, with a minimum lease term of 3 years.

Key Highlights

  • 46' X 20' office unit with 2 private offices and 1 private bath
  • New carpet and fresh paint completed 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.

Property Analytics

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Current Use

Office Units

Suggested Use

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

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

654
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Office units - Accessible office suite with private work areas, dedicated parking, and convenient access to major roads and I-270.
Where is this office units located?
The property is located at 410 sovereign Court Saint Louis, 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: 46' X 20' office unit with 2 private offices and 1 private bath; New carpet and fresh paint completed in 2017; Bathroom updated in 2018
More about this property
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