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    11789 Borman Dr St St. Louis, MO 63146

    For Sale
    $4,000,000

    40,000 SF Office, Prime Location

    Property size:
    40,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional two-story executive office building, situated at 11789 Borman Drive in St. Louis, Missouri, 63146, offers 40,000 square feet of premium office space. Built in 1993 and extensively renovated in 2019, the property boasts a fully updated lobby and entrance, creating a modern and inviting atmosphere. Its convenient Westport location provides easy access to Craig Road and Olive Boulevard, with excellent proximity to I-270 and the Highway 364/Page Avenue extension. The building features ample parking, with a 4:1,000 ratio (expandable), ensuring convenient parking for tenants and visitors. High-speed fiber internet connectivity and dock loading capabilities cater to modern business needs. Building signage is available, offering excellent branding opportunities. The property is ideal for a corporate headquarters, offering spaces ranging from 2,500 to 20,000 square feet, with a full-service lease rate of $17.75 per square foot. Common area improvements were completed in Spring 2019. This is a rare opportunity to acquire a well-maintained, strategically located executive office building in a thriving St. Louis market. The asking price for this exceptional property is $4,000,000.

    Property Features for 11789 Borman Dr St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    40,000 SF

    Building Details

    Year Built/Renovated
    1993/2019
    Stories
    2

    HighLights

    • Fully updated lobby and entrance.
    • Ideal corporate headquarters, offering suites from 2,500 to 20,000 square feet.
    • Excellent location near I‑270 and Page Avenue, with easy access to Craig Road and Olive Boulevard in the Westport area.
    • Ample parking with a 4:1,000 ratio (expandable).
    • High‑speed fiber optic internet connectivity.
    • Dock‑high loading capabilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    St. Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.4348355
    Latitude
    38.6943553

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    FAQs

    What type of property is this?
    Office Property / Space - 40,000 SF Office, Prime Location
    Where is this office property / space located?
    The property is located at 11789 Borman Dr St St. Louis, MO.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: Fully updated lobby and entrance.; Ideal corporate headquarters, offering suites from 2,500 to 20,000 square feet.; Excellent location near I-270 and Page Avenue, with easy access to Craig Road and Olive Boulevard in the Westport area.
    Request Owner's contact information
    11789 Borman Dr St 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

    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
    11789 Borman Dr St St. Louis, MO 63146
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