Stand-Alone Professional Office
763 W Terra Ln O Fallon, MO 63366
For Sale
$564,480
Four-sides brick office building with 8 offices, reception, conference room, and 15 paved parking spaces.
Property Size2,300 SF
Price / SF$245.43
Days on Market40
Property Features for 763 W Terra Ln
General Information
- Standard status
- Active
- Size
- 2,300 SF
Listing Agency:
Coldwell Banker Realty - Gundaker
(314) 882-7050
Listed By:
Christine Williams
(314) 882-7050
Source:
Exprealty
Added: Jun 15
Changed: Jul 23
Last Checked: Jul 23 at 11:41AM
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 For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.2k | $22.68 |
| − Vacancy | −$14.1k | −$6.15 |
| EGI | $38.0k | $16.53 |
| − OpEx | −$9.5k | −$4.13 |
| NOI | $28.5k | $12.40 |
2,300 SF · lease $22.68/SF/yr · vacancy 27.10% · expense 25.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Renaud & Co Investment ...
Financial Advisor
FAQs
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 Ln 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
