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    2821 New Ballas Rd St St. Louis, MO 63146

    For Lease
    $20 SF/Yr

    Prime Medical Office Space, St. Louis, MO

    Lot size:
    51,684 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional three-story, 51,684 square foot Class B medical office building, located at 2821 N New Ballas Rd, St. Louis, MO 63146, presents a unique investment opportunity. Built in 1970 and extensively renovated in 2022, the property boasts a modern aesthetic while maintaining its established presence. Currently, there are multiple tenancies, with 6,421 square feet of vacant space available, offering suites ranging from 648 to 2,380 square feet. The building's convenient location at the intersection of Ballas and Clayton Roads provides easy access to major thoroughfares and interstates, ensuring high visibility and convenient commutes for both patients and staff. Its proximity to prominent hospitals such as Mercy, Missouri Baptist, St. Luke's, and Barnes West Hospitals further enhances its desirability. Amenities include ample free parking, prominent monument signage, and high-speed internet access via Charter/Charter Fiber. The asking rent starts at $20 per square foot. This fully serviced building offers a compelling opportunity for medical professionals seeking a well-maintained, strategically located space in a thriving St. Louis community. The building's recent renovation ensures modern functionality and aesthetics, making it an attractive option for a variety of medical practices.

    Property Features for 2821 New Ballas Rd St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    51,684 SF
    Class
    B
    Total Rate
    86140

    Building Details

    Year Built/Renovated
    1970/2022
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    110
    Size
    0 SF
    Rate per SF
    $276
    Space
    227
    Size
    0 SF
    Rate per SF
    $23
    Space
    C-45
    Size
    0 SF
    Rate per SF
    $20
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    St. Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.4388149
    Latitude
    38.6753635

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office Space, St. Louis, MO
    Where is this medical office located?
    The property is located at 2821 New Ballas Rd St St. Louis, MO.
    What is the lease rate?
    The lease rate is $20-$276 SF/Yr.
    Request Owner's contact information
    2821 New Ballas Rd St St. Louis, MO 63146
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    St. Louis, MO 63146
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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

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    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
    2821 New Ballas Rd St St. Louis, MO 63146
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