Office Building with Conference
6183 Bermuda Dr, Saint Louis, MO 63135
For Sale
New
Contact for pricing
Two private offices and a separate meeting room create a practical workspace layout.
Property Size780 SF
Price / SF$205.13
Days on Market5
Property Features for 6183 Bermuda Dr
General Information
Standard status
Size
Total Parking Spaces
Additional Details
Asking Price
Property Use
Building Details
Buildings
Building Size
Listing Agency:
Hilliker Corporation
(314) 781-0001
Listed By:
Patrick T. McKay · License #MO 1999029958
(630) 461-5887
Source:
Moodyscre
Added: Nov 3
Changed: Nov 4
Last Checked: Nov 6 at 11:39AM
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 Hilliker Corporation
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Investment Insights
Based on property information with market context.
This freestanding office property contains approximately 780 square feet, with two private offices, a large conference room, and one restroom. Recent improvements include a new roof covered by a warranty and new windows. A 14-car parking lot serves the building.
Key Highlights
- Freestanding office building with approximately 780 square feet
- Two private offices and a large conference room
- New roof with warranty and new windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,519
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$190,380
$190.4K
Cap Rate 7%
$135,986
$136.0K
Cap Rate 9%
$105,767
$105.8K
Market Conditions
NOI Build-Up for 780 SF
Gross rent
$17.4K $22.32/SF
− Vacancy
−$4.7K −$6.05/SF
EGI
$12.7K $16.27/SF
− OpEx
−$3.2K −$4.07/SF
NOI
$9.5K $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%
$190,380
Cap Rate 7%
$135,986
Cap Rate 9%
$105,767
Alternative Uses
Best Use
Office B
$136.0K
$119.0K – $158.7K
NOI $9,519 @ 7.0% cap · market cap 5.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$167.4K
$146.5K – $195.3K
NOI $11,718 @ 7.0% cap · market cap 7.32%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
382
Businesses Nearby
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Business Placement
Demographics for 63135, MO
19,584
Population
9,764
Households
2
Avg Household Size
37
Median Age
24%
College-Educated
90%
High-School Grad
6.2 sq mi
ZIP Area
3,159
Density / Sq Mi
$55,179
Median Household Income
$37,645
Median Earnings
$1,115
Median Rent
$95,500
Median Home Value
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Market
Average Price Trend$/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 - Two private offices and a separate meeting room create a practical workspace layout.
Where is this office building located?
The property is located at 6183 Bermuda Dr Saint Louis, MO.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Freestanding office building with approximately 780 square feet; Two private offices and a large conference room; New roof with warranty and new windows
