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    12632 Dorsett Rd Maryland Heights, MO 63043
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    12632 Dorsett Rd Maryland Heights, MO 63043

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    • Neighborhood centers
    • 71,980 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 12632 Dorsett Rd

    Property size
    71,980 SF
    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    This exceptional retail opportunity is located within the vibrant Dorsett Square strip center in Maryland Heights, Missouri, at 12632 Dorsett Rd, zip code 63043. The property boasts a total of 71,980 square feet, with 1,080 square feet currently available for lease. This space is ideal for a variety of retail or restaurant uses. The center enjoys a prime location in the heart of the St. Louis Metropolitan area, benefiting from excellent access to major transportation arteries including Interstates 70, 270, 64, 44, and 55, as well as US 364. Lambert-St. Louis International Airport is a mere 10-minute drive away. Maryland Heights itself is a thriving community with over 27,000 residents, 1,600 businesses, and approximately 9 million annual visitors, providing a substantial customer base. The area also features numerous dining, recreation, and entertainment options, including the large Westport Plaza development, located nearby at the intersection of Page Avenue and I-270. This space presents a unique chance to establish or expand a business within a high-traffic, well-established commercial center in a rapidly growing area. The property is multi-tenant, offering a dynamic and diverse business environment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Maryland Heights
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.4556
    Latitude
    38.7142

    Comparable in this City

    • Value Estimation
      $2,460,000
      51,480 SF

      2032 Dorsett Vlg

      SHOPPING CENTER, STRIP CENTER • 51,480 SF
      2032 Dorsett Vlg, Maryland Heights, MO 63043-2208
      View Details
    • Value Estimation
      $2,845,000
      41,618 SF

      12626 Dorsett Rd

      SHOPPING CENTER, STRIP CENTER • 41,618 SF
      12626 Dorsett Rd, Maryland Heights, MO 63043-2130
      View Details
    • Value Estimation
      $5,500,000
      83,962 SF

      12681 Dorsett Rd

      SHOPPING CENTER, STRIP CENTER • 83,962 SF
      12681 Dorsett Rd, Maryland Heights, MO 63043-2100
      View Details
    • Value Estimation
      $1,105,000
      24,000 SF

      11640 Dorsett Rd

      SHOPPING CENTER, STRIP CENTER • 24,000 SF
      11640 Dorsett Rd, Maryland Heights, MO 63043-3428
      View Details
    • Value Estimation
      $2,675,000
      64,250 SF

      11829 Dorsett Rd

      SHOPPING CENTER, STRIP CENTER • 64,250 SF
      11829 Dorsett Rd, Maryland Heights, MO 63043-2503
      View Details
    • Value Estimation
      $645,000
      14,503 SF

      2031 Dorsett Vlg

      SHOPPING CENTER, STRIP CENTER • 14,503 SF
      2031 Dorsett Vlg, Maryland Heights, MO 63043-2207
      View Details

    Similar Nearby for Sale

    • $900,000
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      Stand-Alone Flex Building For Sale

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      Maryland Heights Retail/Auto Shop Building

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    • $3,800,000
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      Westport Industrial Warehouse

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      20,648 SF

      Renovated Flex Building with Warehouse

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      Architecturally Interesting Office Building

      Office building with separate entrance, parking, and full finished basement.
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    Similar Nearby for Lease

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      11,500 SF

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      4,680 SF

      Maryland Heights Retail Space for Lease

      Prime Retail Location, 4,680 SF Available
      12425 Dorsett Rd, Maryland Heights, MO 63043
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      3,400 SF

      Retail Space with Dock Loading

      2,700 SF retail space with high visibility and dock.
      11970-11994 Dorsett Rd, Maryland Heights, MO 63043
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      1,200 SF

      Retail Space in Maryland Heights

      Retail spaces available in an anchored shopping center.
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      11,340 SF

      Office/Showroom Space with I-270 Visibility

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    • Contact for pricing

      Retail Space Available For Rent

      Single tenant retail space available, approximately 2,418 square feet.
      188 Weldon Pkwy, Maryland Heights, MO 63043
      View Details
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    Maryland Heights, MO 63043
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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
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    12632 Dorsett Rd, Maryland Heights, MO, 63043
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