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    11116 Towne Sq St St. Louis, MO 63123

    For Sale
    $2,100,000

    20,000 SF Class A Office, 93% Occupancy

    Property size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Class A office building, located at 11116 S Towne Square in St. Louis, Missouri, presents a compelling investment opportunity. Boasting 20,000 square feet of space, this multi-tenant property commands a price of $2,100,000, or $105 per square foot. Built in 1987 and extensively renovated in 2020, the building is in excellent condition and features a desirable entrance lobby and elevator. The property sits on a one-acre lot and offers ample surface parking at a ratio of four spaces per 1,000 square feet. Currently enjoying a 93% occupancy rate, this asset benefits from a convenient location, easily accessible from Lindbergh Boulevard near the intersection of I-55 and Lindbergh. Its proximity to South County Center further enhances its appeal. The building offers flexibility in unit size and layout, catering to a variety of tenant needs. The new roof installed in 2020 ensures long-term cost efficiency. This property's strategic location near major highways, I-55 and I-270, provides excellent accessibility for employees and clients. This is a rare opportunity to acquire a well-maintained, high-occupancy office building in a thriving St. Louis location. The zip code is 63123.

    Property Features for 11116 Towne Sq St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    20,000 SF
    Class
    A
    Lot Size
    43,560 SF

    Building Details

    Year Built/Renovated
    1987/2020

    HighLights

    • 20,000 square foot building
    • 1‑acre site
    • Built in 1987
    • New roof installed in 2020
    • 4:1,000 parking ratio
    • Excellent access to I‑55 and I‑270
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    St. Louis
    County
    St Louis
    State
    Missouri
    Longitude
    -90.3345802
    Latitude
    38.5171543

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    FAQs

    What type of property is this?
    Office Property / Space - 20,000 SF Class A Office, 93% Occupancy
    Where is this office property / space located?
    The property is located at 11116 Towne Sq St St. Louis, MO.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: 20,000 square foot building; 1-acre site; Built in 1987
    Request Owner's contact information
    11116 Towne Sq St St. Louis, MO 63123
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11116 Towne Sq St St. Louis, MO 63123
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