Income-Producing Office Buildings For
4501-4509 Laclede Ave St. Saint Louis, MO
4501-4509 Laclede Ave St., Saint Louis, MO, 00000
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For Sale
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Two office buildings totaling 12,200 SF in prime location.
Property Size12,200 SF
Lot Size0.52 Acres
Price / SF$196.72
Days on Market273
Property Features for 4501-4509 Laclede Ave St.
General Information
- Standard status
- Active
- Size
- 12,200 SF
- Lot size
- 0.52 Acres
- Property subtype
- OFFICE
Listing agency
Schlafly Corporation
(314) 725-2414
Listed by
August Schlafly
(314) 725-2414
Source
Moodyscre
Added: Oct 22, 2025 Updated: Jul 6 at 10:04AM Checked: Jul 21 at 6:00AM
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 Schlafly Corporation
Investment Insights
Based on property information with market context.
Two income-producing office buildings are available for purchase. The combined area of the buildings is 12,200 square feet, situated on a 0.52-acre lot. The property includes a parking area with space for 28 cars, providing private and adjacent parking. This commercial property is located in the Central West End (CWE) neighborhood, near Barnes-Jewish Hospital (BJC), Washington University Medical School, and the Cortex Innovation Community. The property is intended for office use.
Key Highlights
- Incoming producing office buildings
- Rare commercial property in CWE
- Combined 12,200 SF of office space
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $272.3k | $22.32 |
| − Vacancy | −$73.8k | −$6.05 |
| EGI | $198.5k | $16.27 |
| − OpEx | −$49.6k | −$4.07 |
| NOI | $148.9k | $12.20 |
12,200 SF · lease $22.32/SF/yr · vacancy 27.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.13M
$1.86M – $2.48M
NOI $148,882 @ 7.0% cap · market cap 6.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.62M
$2.29M – $3.05M
NOI $183,283 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Two office buildings totaling 12,200 SF in prime location.
Where is this office building located?
The property is located at 4501-4509 Laclede Ave St. Saint Louis, MO.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Incoming producing office buildings; Rare commercial property in CWE; Combined 12,200 SF of office space
