Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    400 1st Capitol Dr Saint Charles, MO 63301

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office space available for lease in St. Charles, MO.

    Type:Office
    Added:
    May 12, 2023
    Days on Market:
    1076
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 400 1st Capitol Dr

    General Information

    Standard status
    Active
    Property subtype
    Office

    Building Details

    Year Built
    1998

    Spaces For Lease

    at 400 1st Capitol Dr Contact us

    We can help!

    Listing Contact
    Jared Stone

    Listing agent Jared Stone License #2020042325

    Listing office Cornerstone Commercial Realty

    Listing date May 12, 2023

    Source Crexi

    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

    Overview

    Office Space For Lease

    This commercial real estate property offers office units and spaces for lease. Located in St. Charles, MO, at 400 1st Capitol Dr, 63301, this property is available for lease at $24.5.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saint Charles
    County
    St. Charles
    State
    Missouri
    Longitude
    -90.4858693
    Latitude
    38.781481

    Nearby Similar for Lease

    • Contact for pricing

      Office Space in Historic Building

      Move-in ready office suites with amenities in St. Charles.
      920 1st Capitol Drive, St Charles, MO 63301
      View Details
    • Contact for pricing

      Move-in Ready Office Space

      Full service office space with modern amenities included in rent.
      1480 Woodstone Drive, St Charles, MO 63304
      View Details
    • $20/mo

      Turnkey Dental Office in St Charles

      2880 SF turnkey dental office or medical space for lease.
      2043 S Old Highway 94, St Charles, MO 63303
      View Details
    • Contact for pricing

      St Charles Lower-Level Office Space

      660 SF office space with utilities and Wi-Fi included.
      1514 Caulks Hill Road, St Charles, MO 63304
      View Details
    • Contact for pricing

      St Charles Industrial/Retail Building

      Freestanding building with highway visibility and multiple drive-in doors.
      4516 S St Peters Parkway, St Charles, MO 63304
      View Details
    • $16/mo

      Office/Flex Building in Saint Charles

      Class A office/flex building with high visibility and heavy power.
      500 Fountain Lakes Blvd, Saint Charles, MO 63301
      View Details
    • $15/mo

      Professional Office in Business Park

      Office space for lease in a well-located business park.
      2440 Executive Dr, St Charles, MO 63303
      View Details
    • $5/mo

      Westgate 200 Available For Lease

      86,800 SF divisible space with office and showroom.
      3817-3841 Millstone Parkway, Saint Charles, MO 63301
      View Details
    • $22/mo

      St. Charles Retail/Office Space

      Retail and office spaces available in high-traffic St. Charles location.
      3910-3930 South Old Highway 94, Saint Charles, MO 63304
      View Details
    • $15/mo

      Retail Space in Saint Charles

      1,400 SF retail space for lease in Saint Charles.
      3754-3780 Elm St, Saint Charles, MO
      View Details
    • Contact for pricing

      Office Space Near I-70

      7,584 SF office space with convenient highway access.
      190 Spring Drive, Saint Charles, MO 63303
      View Details
    • Contact for pricing

      Office/Warehouse Space with Showroom

      2,240 SF office/warehouse with showroom near Highway 70.
      1831 Scherer Pkwy, Saint Charles, MO
      View Details

    FAQs

    What type of property is this?
    Office units - Office space available for lease in St. Charles, MO.
    Where is this office units located?
    The property is located at 400 1st Capitol Dr Saint Charles, MO.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: For lease; Year built: 1998
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jared Stone
    Real Estate License ID: 2020042325
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!