Turnkey Office Condo in
For Sale
Contact for pricing
5520 Telegraph Rd, Saint Louis, MO 63129
715 RSF office condo ideal for various professional uses.
Property Size715 SF
Price / SF$181.68
Days on Market1000
Property Features for 5520 Telegraph Rd
General Information
Standard status
Active
Size
715 SF
Class
B
Property subtype
Office
Lease Type
Modified Gross
Building Details
Buildings
1
Stories
2
Tenancy
Single
Listing Agency:
Cornerstone Commercial Realty
Listed By:
Joseph Lampe · License #MO 2006038909
(314) 728-6007
Source:
Crexi
Added: Jan 22, 2024
Changed: Oct 15
Last Checked: Oct 16 at 7:38AM
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 Cornerstone Commercial Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 715 RSF office condo is located in Oakville and is suitable for financial advisement, counseling, accounting, life coaching, or general office use. The corner suite benefits from natural light due to its two window lines. Roadside monument signage on Telegraph Road provides strong visibility. The property offers quick access to I-55 and I-270. Free, ample surface parking is available for clients and staff. Existing office furniture is available for purchase. The property is located in a high-traffic, professional corridor near South County.
Key Highlights
- Turnkey office condo suitable for various professional uses.
- Strategic Oakville location with roadside monument signage on Telegraph Road, offering high visibility.
- Convenient access to I‑55 and I‑270.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,725
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$174,500
$174.5K
Cap Rate 7%
$124,643
$124.6K
Cap Rate 9%
$96,944
$96.9K
Market Conditions
NOI Build-Up for 715 SF
Gross rent
$16.0K $22.32/SF
− Vacancy
−$4.3K −$6.05/SF
EGI
$11.6K $16.27/SF
− OpEx
−$2.9K −$4.07/SF
NOI
$8.7K $12.20/SF
Area
St. Louis County, MO
Vacancy
27.10%
Lease Rate
$22.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$174,500
Cap Rate 7%
$124,643
Cap Rate 9%
$96,944
Alternative Uses
Best Use
Office B
$124.6K
$109.1K – $145.4K
NOI $8,725 @ 7.0% cap · market cap 6.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$153.5K
$134.3K – $179.0K
NOI $10,742 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
471
Businesses Nearby
Explore this area
Business Placement
Demographics for 63129, MO
53,432
Population
21,945
Households
2.4
Avg Household Size
44
Median Age
42%
College-Educated
95%
High-School Grad
20.9 sq mi
ZIP Area
2,557
Density / Sq Mi
$91,920
Median Household Income
$51,526
Median Earnings
$1,087
Median Rent
$278,800
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office units - 715 RSF office condo ideal for various professional uses.
Where is this office units located?
The property is located at 5520 Telegraph Rd Saint Louis, MO.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Turnkey office condo suitable for various professional uses.; Strategic Oakville location with roadside monument signage on Telegraph Road, offering **high visibility**.; Convenient access to I‑55 and I‑270.
