Stand-Alone Professional Office
For Sale
$564,480
763 W Terra Lane, O Fallon, MO 63366
Four-sides brick office building with 8 offices, reception, conference room, and 15 paved parking spaces.
Property Size2,352 SF
Price / SF$245.43
Days on Market70
Property Features for 763 W Terra Lane
General Information
Standard status
Active
Size
2,352 SF
Total Parking Spaces
15
Site & Location
Traffic Count
50,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$5,338
Amenities
Bathrooms, Front Desk, Lighting, Lobby, Patio, Reception, Signage, Wi-Fi
Central Air, Electric
Forced Air
Parking Lot
Building Details
Building Size
2,352 SF
Year Built
1998
Buildings
1
Stories
1
Construction
brick
Listing Agency:
Coldwell Banker Realty - Gundaker
(314) 882-7050
Listed By:
Christine Williams
(314) 882-7050
Source:
Evrealestate
Added: Jun 15
Changed: Aug 23
Last Checked: Aug 23 at 4:35AM
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 Coldwell Banker Realty - Gundaker
Investment Insights
Based on property information with market context.
This stand-alone, four-sides brick professional office building is well maintained and designed for occupancy from day one. The interior includes eight offices, a large office/open workspace, a welcoming reception area, and a conference room. Additional functional space features a spacious foyer, kitchen/break room with built-in cabinetry, two restrooms, a utility room, and extra storage, with multiple exterior entrances that support day-to-day operations for employees and clients.
The property is positioned in an O’Fallon location noted for high visibility with excellent I-70 exposure, along with convenient outer-road access. The building also offers prominent signage opportunities and visibility to 50,000+ vehicles per day.
Externally, the building is supported by 15 paved parking spaces, reinforcing the stand-alone presence and accessibility expected of a professional office setting.
The property is positioned in an O’Fallon location noted for high visibility with excellent I-70 exposure, along with convenient outer-road access. The building also offers prominent signage opportunities and visibility to 50,000+ vehicles per day.
Externally, the building is supported by 15 paved parking spaces, reinforcing the stand-alone presence and accessibility expected of a professional office setting.
Key Highlights
- Stand‑alone, four‑sides brick professional office building with 2,300+ SF and prominent signage opportunities
- High‑visibility O’Fallon location with excellent I‑70 exposure and convenient outer‑road access to 50,000+ vehicles per day
- Interior layout includes 8 offices, a large office/open workspace, reception area, and conference room
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,521
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$570,420
$570.4K
Cap Rate 7%
$407,443
$407.4K
Cap Rate 9%
$316,900
$316.9K
Market Conditions
NOI Build-Up for 2,300 SF
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.
Gross rent
$52.2K $22.68/SF
− Vacancy
−$14.1K −$6.15/SF
EGI
$38.0K $16.53/SF
− OpEx
−$9.5K −$4.13/SF
NOI
$28.5K $12.40/SF
Area
St. Charles County, MO
Vacancy
27.10%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$570,420
Cap Rate 7%
$407,443
Cap Rate 9%
$316,900
Alternative Uses
Best Use
Office B
$407.4K
$356.5K – $475.4K
NOI $28,521 @ 7.0% cap · market cap 5.05%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$608.7K
$532.6K – $710.2K
NOI $42,610 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
50,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
802
Businesses Nearby
Explore this area
Business Placement
Demographics for 63366, MO
53,861
Population
21,204
Households
2.5
Avg Household Size
38
Median Age
34%
College-Educated
95%
High-School Grad
69.3 sq mi
ZIP Area
777
Density / Sq Mi
$98,237
Median Household Income
$51,750
Median Earnings
$1,274
Median Rent
$283,900
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Four-sides brick office building with 8 offices, reception, conference room, and 15 paved parking spaces.
Where is this office building located?
The property is located at 763 W Terra Lane O Fallon, MO.
What is the asking price?
The asking price for this property is $564,480.
What are key features of this property?
This property features: Stand‑alone, four‑sides brick professional office building with 2,300+ SF and prominent signage opportunities; High‑visibility O’Fallon location with excellent I‑70 exposure and convenient outer‑road access to 50,000+ vehicles per day; Interior layout includes 8 offices, a large office/open workspace, reception area, and conference room
