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Two-Story Office Building

4150 Crescent Drive, Mehlville, MO 63129

For Sale
$499,375

Seven private offices, two restrooms, and basement storage support a range of professional layouts.

Property Size2,125 SF
Price / SF$235
Days on Market99

Property Features for 4150 Crescent Drive

General Information

Standard status Active
Size 2,125 SF
Total Parking Spaces 4
Property subtype Commercial
Zoning C-3

Additional Details

Property Use Office

Building Details

Year Built 1941
Buildings 1
Stories 2
Building Size 2,125 SF
Listing Agency: Magnolia Real Estate
Listed By: Tony D'Angelo
Source: Cityscapesrealty
Added: Aug 3 Changed: Nov 6 Last Checked: Nov 8 at 2:43PM

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 Magnolia Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This updated, two-story office property contains approximately 2,125 square feet, with a lobby, seven private offices, and two restrooms. Additional storage is located in the basement.

The building is zoned C-3 and includes four dedicated parking spaces. Its office configuration offers flexible space for professional, medical, or service businesses, subject to applicable zoning requirements.

Key Highlights

  • Approximately 2,125 square feet across two stories
  • Seven private offices, a lobby, and two restrooms
  • Basement storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,932
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$518,640 $518.6K
Cap Rate 7%
$370,457 $370.5K
Cap Rate 9%
$288,133 $288.1K
Market Conditions
NOI Build-Up for 2,125 SF
Gross rent
$47.4K $22.32/SF
− Vacancy
−$12.9K −$6.05/SF
EGI
$34.6K $16.27/SF
− OpEx
−$8.6K −$4.07/SF
NOI
$25.9K $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%
$518,640
Cap Rate 7%
$370,457
Cap Rate 9%
$288,133

Alternative Uses

Best Use
Office B
$370.5K
$324.2K – $432.2K (±1% cap)
NOI $25,932 @ 7.0% cap · market cap 5.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$456.1K
$399.1K – $532.1K (±1% cap)
NOI $31,924 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Restaurant Law Firm Dental Office Auto Repair Shop Big Box & Wholesale Store Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

56
Businesses Nearby

Demographics for 63129, MO

53,432
Population
21,945
Households
2.4
Avg Household Size
44
Median Age
42%
College-Educated
95%
High-School Grad
20.9 sq mi
ZIP Area
2,557
Density / Sq Mi
$91,920
Median Household Income
$51,526
Median Earnings
$1,087
Median Rent
$278,800
Median Home Value

Market

Properties on Market for Office buildings in St. Louis County

Jul
Aug
Sep
Oct

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 building - Seven private offices, two restrooms, and basement storage support a range of professional layouts.
Where is this office building located?
The property is located at 4150 Crescent Drive Mehlville, MO.
What is the asking price?
The asking price for this property is $499,375.
What are key features of this property?
This property features: Approximately 2,125 square feet across two stories; Seven private offices, a lobby, and two restrooms; Basement storage
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Includes: Price & PSF · Cap rate · Location · Zoning

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