Chesterfield Office Building For
17998 Chesterfield Airport Rd Chesterfield, MO 63005
17998 Chesterfield Airport Rd, Chesterfield, MO, 63005
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For Sale
Contact for pricing
25,502 SqFt office building in Chesterfield, Missouri.
Property Size25,502 SF
Price / SF$137.24
Days on Market814
Property Features for 17998 Chesterfield Airport Rd
General Information
- Standard status
- Active
- Size
- 25,502 SF
- Property subtype
- Office
Listing Agency
Avison Young - St. Louis
(314) 785-7623
Listed by
Mark Dorsey · License #MO 2016008903
Source
Crexi
Added: Apr 27, 2024 Checked: Jul 17 at 7:34 am
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 Avison Young - St. Louis
Investment Insights
Based on property information with market context.
This commercial real estate offering features an office building with 25,502 square feet of space. The property is located on Chesterfield Airport Road in Chesterfield, Missouri.
Key Highlights
- Office Property
- 25,502 SqFt
Local 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 | $569.2k | $22.32 |
| − Vacancy | −$154.3k | −$6.05 |
| EGI | $415.0k | $16.27 |
| − OpEx | −$103.7k | −$4.07 |
| NOI | $311.2k | $12.20 |
25,502 SF · lease $22.32/SF/yr · vacancy 27.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.45M
$3.89M – $5.19M
NOI $311,213 @ 7.0% cap · market cap 8.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.47M
$4.79M – $6.39M
NOI $383,122 @ 7.0% cap · market cap 10.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - 25,502 SqFt office building in Chesterfield, Missouri.
Where is this office building located?
The property is located at 17998 Chesterfield Airport Rd Chesterfield, MO.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Office Property; 25,502 SqFt