Freestanding Flex
For Sale
$1,650,000
617 Cepi Drive, Chesterfield, MO 63005
Office and warehouse configuration with loading access, power service, private restrooms, and on-site parking.
Property Size15,720 SF
Lot Size0.98 Acres
Price / SF$104.96
Days on Market52
Property Features for 617 Cepi Drive
General Information
Standard status
Active
Size
15,720 SF
Lot size
0.98 Acres
Property subtype
Warehouse
Warehouse & Industrial
Clear Height
16 ft
Office Build-Out
1,750 SF
Power
400 amps
Three-Phase Power
Yes
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$33,027
Amenities
private restrooms
shower facilities
Building Details
Building Size
15,720 SF
Year Built
1987
Buildings
1
Listing Agency:
EXP Realty, LLC
Listed By:
Peter Lu · License #2006036727
(314) 662-6578
Source:
Aimeesimpson
Added: Sep 8
Changed: Oct 27
Last Checked: Oct 28 at 2:48PM
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 EXP Realty, LLC
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Investment Insights
Based on property information with market context.
Freestanding flex-industrial building with approximately 15,720 SF arranged for office and warehouse use. The property includes approximately 1,750 SF of office space, approximately 16' clear warehouse height, dock-high loading, multiple drive-in and loading opportunities, private restrooms, shower facilities, and on-site parking. Built in 1987, the facility is supported by approximately 400-amp, 3-phase power and occupies approximately 0.98 acres.
The property is located at 617 Cepi Drive in Chesterfield Executive Park, near Chesterfield Airport Road and I-64/Highway 40. Access extends to Chesterfield, St. Louis County, and surrounding business corridors.
The property is located at 617 Cepi Drive in Chesterfield Executive Park, near Chesterfield Airport Road and I-64/Highway 40. Access extends to Chesterfield, St. Louis County, and surrounding business corridors.
Key Highlights
- Approximately 15,720 SF flex‑industrial building on approximately 0.98 acres
- Approximately 1,750 SF of existing office space
- Approximately 16' clear warehouse height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,671
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,513,420
$1.5M
Cap Rate 7%
$1,081,014
$1.1M
Cap Rate 9%
$840,789
$840.8K
Market Conditions
NOI Build-Up for 15,720 SF
Gross rent
$93.2K $5.93/SF
− Vacancy
−$4.2K −$0.27/SF
EGI
$89.0K $5.66/SF
− OpEx
−$13.4K −$0.85/SF
NOI
$75.7K $4.81/SF
Area
St. Louis County, MO
Vacancy
4.50%
Lease Rate
$5.93 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,513,420
Cap Rate 7%
$1,081,014
Cap Rate 9%
$840,789
Alternative Uses
Best Use
Warehouse
$1.08M
$945.9K – $1.26M
NOI $75,671 @ 7.0% cap · market cap 4.59%
Second Best
Industrial
$890.2K
$779.0K – $1.04M
NOI $62,317 @ 7.0% cap · market cap 3.78%
Theoretical Best
Office A
$3.37M
$2.95M – $3.94M
NOI $236,165 @ 7.0% cap · market cap 14.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
16 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
714
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 63005, MO
19,235
Population
7,322
Households
2.6
Avg Household Size
44
Median Age
81%
College-Educated
98%
High-School Grad
36.5 sq mi
ZIP Area
527
Density / Sq Mi
$202,232
Median Household Income
$103,426
Median Earnings
$1,570
Median Rent
$671,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse configuration with loading access, power service, private restrooms, and on-site parking.
Where is this flex space located?
The property is located at 617 Cepi Drive Chesterfield, MO.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Approximately 15,720 SF flex‑industrial building on approximately 0.98 acres; Approximately 1,750 SF of existing office space; Approximately 16' clear warehouse height
