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    112 Piper Hill Dr St. Peters, MO 63376

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    For Sale
    Contact for pricing

    26,578 SF Medical Office, Value-Add Opportunity

    Property size:
    26,578 SF

    Property Features for 112 Piper Hill Dr

    General Information

    Property type
    Medical offices
    Square Feet
    26,578 SF
    Class
    B
    Lot Size
    85,378 SF

    Building Details

    Year Built
    1996
    Buildings
    1
    Stories
    2

    We can help!

    Listing Contact
    Joe Schneider
    Joe Schneider

    Listing Agency: Schneider Commercial Partners Listing Agent: Joe Schneider

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional two-story, 26,578-square-foot medical office building presents a compelling value-add investment or user-investor opportunity. Located in the thriving St. Peters, Missouri market, this Class B property boasts a prime location less than a third of a mile from BJC St. Peters Hospital. Built in 1996, the building features a desirable brick exterior and is situated on a 1.96-acre lot. Currently operating at 59% occupancy, this multi-tenant property offers significant upside potential. The building includes an elevator serving the second floor, and the main floor offers 9,948 rentable square feet, ideal for a user-occupant or lease. The property includes numerous exam rooms and an X-ray room, along with ample parking. The asking price is $3,350,000, translating to $126 per square foot. This gross lease property presents a rare chance to acquire a well-situated medical office building in a high-growth area with the potential for substantial returns. The property's features, location, and current occupancy make it an attractive investment for both value-add investors and user-investors seeking high-quality medical space. The building's convenient location within the St. Peters Special District ensures easy access to amenities and a strong patient base.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nelson John R Law Firm Jennifer M. Henson, ... Physician Melander Sports Medicine Medical Clinic Dr. Kendall A. Itoku, ... Physician John W. McAllister ... Physician

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    St. Peters
    County
    St. Charles
    State
    Missouri
    Longitude
    -90.588189834321
    Latitude
    38.79387571232

    Nearby Similar for Sale

    • $1,900,000
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      St. Peters Executive Office Building

      17,130 SF Multi-Tenant Office Complex
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    • $836,352
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      St. Peters Commercial Lot - Last Available

      Prime St. Peters location, multiple use potential.
      0 Mexico Rd & Mid Rivers Mall Dr, St. Peters, MO 63376
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    • Contact for pricing
      140,970 SF

      Mid Rivers Mall Retail Space

      Massive Vacant Retail Space, I-70 Access
      3 Mid Rivers Mall Dr, St. Peters, MO 63376
      View Details

    FAQs

    What type of property is this?
    Medical office - 26,578 SF Medical Office, Value-Add Opportunity
    Where is this medical office located?
    The property is located at 112 Piper Hill Dr St. Peters, MO.
    What is the asking price?
    The asking price for this property is $3,350,000.
    What are key features of this property?
    This property features: High-quality medical office building offering up to 9,945 square feet of main floor space.; 59% occupancy presents a strong value-add opportunity for investors or owner-occupiers.; Features multiple exam rooms and an on-site X-ray room.
    (636) 949-9797 Call to check price and availability
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    112 Piper Hill Dr St. Peters, MO 63376
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    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
    112 Piper Hill Dr St. Peters, MO 63376
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Joe Schneider
    Joe Schneider
    Real Estate License ID: 2014044130
    (636) 949-9797
    Learn more
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