Freestanding Flex Space with
For Sale
$1,650,000
617 Cepi Drive, Chesterfield, MO 63005
Commercial Sale, Chesterfield, MO
Property Size15,720 SF
Lot Size0.98 Acres
Price / SF$104.96
Days on Market48
Property Features for 617 Cepi Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot, Open
Subdivision
Chesterfield Executive Park Amd
Standard status
Active
APN
17V-24-0197
Lot size
0.98 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
33028
Utilities
Utilities
Water Available
Heating system
Forced Air
Cooling system
Central Air, Electric
Water source
Public
Amenities
private restrooms
shower facilities
Building Details
Year built
1987
Floors in Building
1
Building materials
Brick
Listing Agency:
EXP Realty, LLC
(866) 224-1761
Listed By:
Peter Lu
(314) 662-6578
Added: Sep 8
Changed: Oct 20
Last Checked: Oct 25 at 2:06PM
MLS# 26055690
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1987, this freestanding brick flex property combines approximately 1,750 SF of office space with warehouse functionality on approximately 0.98 acres. The industrial area includes approximately 16' clear height, dock-high loading, multiple drive-in or loading opportunities, and approximately 400-amp, 3-phase power. Private restrooms, shower facilities, forced-air heating, central air, electric cooling, and open parking support a range of business operations.
The property is located in Chesterfield Executive Park near Chesterfield Airport Road and I-64/Highway 40, providing access to Chesterfield, St. Louis County, and surrounding business corridors. Public water is available, with water supplied by a public source. The configuration is suited to office, warehouse, distribution, service, contractor, and other flex-industrial uses identified for the property.
The property is located in Chesterfield Executive Park near Chesterfield Airport Road and I-64/Highway 40, providing access to Chesterfield, St. Louis County, and surrounding business corridors. Public water is available, with water supplied by a public source. The configuration is suited to office, warehouse, distribution, service, contractor, and other flex-industrial uses identified for the property.
Key Highlights
- Approximately 0.98 acres in Chesterfield Executive Park
- 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
Office B
$2.74M
$2.40M – $3.20M
NOI $191,838 @ 7.0% cap · market cap 11.63%
Second Best
Warehouse
$1.08M
$945.9K – $1.26M
NOI $75,671 @ 7.0% cap · market cap 4.59%
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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
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
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
Frequently Asked Questions
What type of property is this?
Flex space - Brick flex facility with office, warehouse, loading capabilities, private restrooms, shower facilities, 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 0.98 acres in Chesterfield Executive Park; Approximately 1,750 SF of existing office space; Approximately 16' clear warehouse height
