Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1000 Edgewater Pt Lake Saint Louis, MO 63367

    For Sale
    $3,195,000

    Multi-tenant office building, high occupancy, strong NOI.

    Property size:
    28,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional four-story, Class B office building in Lake St. Louis, Missouri, presents a compelling investment opportunity. Boasting 20,104 square feet of net rentable space across 15 units, the property enjoys a remarkable 95% occupancy rate, generating a substantial net operating income (NOI) of $226,400. Built in 1989 and renovated in 2013, the building sits on a 1.65-acre lot in a prime location near SSM Lake St. Louis Hospital, easily accessible from Lake St. Louis Boulevard and I-70. The property features a diverse tenant mix, including medical and counseling practices, with long-term leases in place. Key tenants include Heartland Midwest OB-Gyn, CCC Center of Excellence Counseling, and Gateway to Health. The asking price is $3,195,000, representing a compelling 7.09% cap rate. The building's permitted zoning is "C," and each office offers stunning lake views. This stabilized investment offers a secure and profitable opportunity with significant upside potential. The property features a modified lease type and is offered fee simple.

    Property Features for 1000 Edgewater Pt

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    28,000 SF
    Class
    B
    Lot Size
    71,874 SF

    Building Details

    Year Built/Renovated
    1989/2013
    Buildings
    1
    Stories
    4
    Units
    15

    HighLights

    • Asking Price: $3,195,000
    • Net Operating Income (NOI): $226,400
    • Long‑term leases in place
    • Medical and general office uses
    • Lakefront location with lake views from all offices.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake Saint Louis
    County
    St Charles
    State
    Missouri
    Longitude
    -90.762046833476
    Latitude
    38.801093455907

    Nearby Comparable

    • $700,000
      0.93 Acres

      Commercial Land in Lake St Louis

      High-traffic commercial land suitable for retail, daycare, or office space.
      10390 Veterans Memorial Pkwy, Lake St Louis, MO 63367
      View Details
    • $125,000
      0.48 Acres

      Prime O'Fallon Commercial Land

      0.48 Acres, High Traffic Area
      1001 Peruque Crossing Ct, O'Fallon, MO 63366
      View Details
    • $95,000

      Commercial Land Near I-70

      Commercial land with easy access to I-70.
      1001 Peruque Crossing Ct, O Fallon, MO 63366
      View Details
    • $457,380

      Commercial Land I-70 Exposure

      1.4 acre commercial land suitable for retail or office.
      2100 W Terra Ln, O Fallon, MO 63366
      View Details
    • $780,000
      4,200 SF

      O'Fallon Office Building For Sale

      Income-producing office building with easy access to I-70.
      1031 Peruque Crossing Ct, O Fallon, MO 63366
      View Details
    • $435,600

      2 Acres Heavy Industrial Land

      2 acres of land zoned for heavy industrial use.
      Progress West Ln, O Fallon, MO 63366
      View Details

    Nearby Similar for Sale

    • Contact for pricing
      1,200 SF

      Shoppes at Hawk Ridge Restaurant Space

      Prime Restaurant Space, I-64 & Hwy 364, MO
      I-64 Hwy, Lake Saint Louis, MO 63367
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Multi-tenant office building, high occupancy, strong NOI.
    Where is this office property / space located?
    The property is located at 1000 Edgewater Pt Lake Saint Louis, MO.
    What is the asking price?
    The asking price for this property is $3,195,000.
    What are key features of this property?
    This property features: Asking Price: $3,195,000; Net Operating Income (NOI): $226,400; Long-term leases in place
    Request Owner's contact information
    1000 Edgewater Pt Lake Saint Louis, MO 63367
    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.
    1000 Edgewater Pt
    Lake Saint Louis, MO 63367
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1000 Edgewater Pt Lake Saint Louis, MO 63367
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.