Office Building with Lower-Level
4460 TELEGRAPH Road, Saint Louis, MO 63129
For Sale
$475,000
C-2 zoning, a driveway connection to Telegraph Road, and paved rear parking serve the existing office property.
Property Size2,460 SF
Price / SF$193.09
Days on Market307
Property Features for 4460 TELEGRAPH Road
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Traffic Count
Highway Access
Road Access
Additional Details
Land Use
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
large lighted sign
ADA restrooms
Building Details
Year Built
Listing Agency:
Dan Cerone Real Estate
Listed By:
Dan Cerone · License MO #1999006588
(314) 842-7647
Source:
Finehomesbydawn
Added: Jan 8
Changed: Nov 7
Last Checked: Nov 10 at 5:08PM
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 Dan Cerone Real Estate
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Investment Insights
Based on property information with market context.
Built in 1964, the 2,460-square-foot office building has a remodeled lower level used for office space. The property also includes two additional ADA restrooms and office area beneath a two-car garage. C-2 commercial zoning applies to the site.
The building fronts Telegraph Road, approximately one mile south of I-255. Reported daily traffic on Telegraph Road is 42,000 to 45,000 vehicles. The property has direct driveway access from the road, a paved parking area at the rear, and approval for a large lighted sign.
The building fronts Telegraph Road, approximately one mile south of I-255. Reported daily traffic on Telegraph Road is 42,000 to 45,000 vehicles. The property has direct driveway access from the road, a paved parking area at the rear, and approval for a large lighted sign.
Key Highlights
- 2,460‑square‑foot office building constructed in 1964
- Remodeled lower level configured for office use, plus space beneath a two‑car garage
- C‑2 commercial zoning and two additional ADA restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,021
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$600,420
$600.4K
Cap Rate 7%
$428,871
$428.9K
Cap Rate 9%
$333,567
$333.6K
Market Conditions
NOI Build-Up for 2,460 SF
Gross rent
$54.9K $22.32/SF
− Vacancy
−$14.9K −$6.05/SF
EGI
$40.0K $16.27/SF
− OpEx
−$10.0K −$4.07/SF
NOI
$30.0K $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%
$600,420
Cap Rate 7%
$428,871
Cap Rate 9%
$333,567
Alternative Uses
Best Use
Office B
$428.9K
$375.3K – $500.4K
NOI $30,021 @ 7.0% cap · market cap 6.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$528.0K
$462.0K – $616.0K
NOI $36,957 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
45,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
316
Businesses Nearby
Explore this area
Business Placement
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
$278,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Saint Louis, MO
Properties on Market for Office buildings in Saint Louis
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - C-2 zoning, a driveway connection to Telegraph Road, and paved rear parking serve the existing office property.
Where is this office building located?
The property is located at 4460 TELEGRAPH Road Saint Louis, MO.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 2,460‑square‑foot office building constructed in 1964; Remodeled lower level configured for office use, plus space beneath a two‑car garage; C‑2 commercial zoning and two additional ADA restrooms
