Renovated Single-Story Office
For Sale
Contact for pricing
640 Cepi Drive, Chesterfield, MO 63005
Updated office property with modernized common areas, suite kitchenettes, and long-term leases in place.
Property Size11,154 SF
Price / SF$224.13
Days on Market49
Property Features for 640 Cepi Drive
General Information
Standard status
Active
Size
11,154 SF
Net Rentable
2,736 SF
Property subtype
Office
Occupancy
100%
Additional Details
Asking Price
$2,500,000
Amenities
upgraded landscaping
common area lobby
restrooms
suite kitchenettes
new monument sign
Building Details
Buildings
1
Stories
1
Listing Agency:
Trident Group Partners
Listed By:
Joshua Coffman · License #MO 2004019424
(636) 449-2600
Source:
Crexi
Added: Sep 14
Changed: Oct 26
Last Checked: Nov 1 at 5:47AM
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 Trident Group Partners
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Investment Insights
Based on property information with market context.
This single-story office building contains 11,154 SF and has undergone extensive interior and exterior renovations. Improvements include refreshed landscaping, a new common-area lobby and restrooms completed in 2024, suite kitchenettes, and lighting and electrical upgrades completed in 2024/2025. The property also features 14-foot ceilings throughout and a monument sign currently in progress.
The building supports both investment and owner-user strategies, with up to 2,736 RSF available for occupancy while long-term tenant leases remain in place elsewhere in the property. Approximately 75% of the HVAC systems have been replaced within the last ten years, and a new roof is scheduled for 2026. The property is located at 640 Cepi Drive in Chesterfield Valley, Chesterfield, Missouri.
The building supports both investment and owner-user strategies, with up to 2,736 RSF available for occupancy while long-term tenant leases remain in place elsewhere in the property. Approximately 75% of the HVAC systems have been replaced within the last ten years, and a new roof is scheduled for 2026. The property is located at 640 Cepi Drive in Chesterfield Valley, Chesterfield, Missouri.
Key Highlights
- 11,154 SF single‑story office building
- Up to 2,736 RSF available for owner‑user occupancy
- New lobby and restrooms completed in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$136,117
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,722,340
$2.7M
Cap Rate 7%
$1,944,529
$1.9M
Cap Rate 9%
$1,512,411
$1.5M
Market Conditions
NOI Build-Up for 11,154 SF
Gross rent
$249.0K $22.32/SF
− Vacancy
−$67.5K −$6.05/SF
EGI
$181.5K $16.27/SF
− OpEx
−$45.4K −$4.07/SF
NOI
$136.1K $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%
$2,722,340
Cap Rate 7%
$1,944,529
Cap Rate 9%
$1,512,411
Alternative Uses
Best Use
Office B
$1.94M
$1.70M – $2.27M
NOI $136,117 @ 7.0% cap · market cap 5.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.39M
$2.09M – $2.79M
NOI $167,569 @ 7.0% cap · market cap 6.70%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
714
Businesses Nearby
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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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Updated office property with modernized common areas, suite kitchenettes, and long-term leases in place.
Where is this office building located?
The property is located at 640 Cepi Drive Chesterfield, MO.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 11,154 SF single‑story office building; Up to 2,736 RSF available for owner‑user occupancy; New lobby and restrooms completed in 2024
