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    Property profile & analytics

    14323 Outer 40 Rd Chesterfield, MO 63017

    • Office buildings
    • 23,168 SF
    • 5.09 lot acres
    For Lease
    View listing
    $23 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-0574777
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 14323 Outer 40 Rd

    Year built
    2000
    Lot size
    5.09 lot acres
    Property size
    23,168 SF
    Zone code
    83C
    Property type
    Office buildings
    APN
    19Q-1-4-011-3
    APU
    19Q140113

    Description

    Bonan Towers, located at 14323 S Outer 40 Road in Chesterfield, Missouri, 63017, offers prime executive office space in St. Louis County. This prominent building boasts 81,000 square feet of total space, with multiple tenancy options available. Currently, there are 21,998 square feet of vacant space, divisible into units as small as 3,133 square feet, with a maximum contiguous space of 6,300 square feet. The building provides excellent visibility and accessibility within Western St. Louis County, making it an ideal location for businesses seeking a high-profile presence. The property features ample parking, with a ratio of 5 spaces per 1,000 square feet. This is a fantastic opportunity for businesses seeking modern, efficient, and well-located office space in a thriving area. The building's design and location offer unparalleled convenience and visibility, making it an attractive option for companies of all sizes. Individual suites range from 1,426 to 6,300 square feet, providing flexibility to accommodate various business needs. Contact us today to learn more about the available spaces and lease terms.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $3,450,000
      Current use
      RETAIL STORES
      $3,640,000
      Change: +6% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $3,295,000
      Change: -5% Conversion: Difficult
      MEDICAL BUILDING
      $2,815,000
      Change: -18% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Chesterfield
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.5133
    Latitude
    38.6412
    CBSA code
    41180
    CBSA name
    ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $169,195
    $1,064,260
    $783,740
    $1,848,000
    -
    $3,325,800
    $2,449,200
    $5,775,000

    Comparable in this City

    • Value Estimation
      $5,145,000
      43,500 SF

      1370 Timberlake Mnr Pkwy

      OFFICE BUILDING (MULTI-STORY) • 43,500 SF
      1370 Timberlake Mnr Pkwy, Chesterfield, MO 63017-6039
      View Details
    • Value Estimation
      $11,525,000
      82,604 SF

      14825 Outer 40th Rd

      OFFICE BUILDING • 82,604 SF
      14825 Outer 40th Rd, Chesterfield, MO 63017-2119
      View Details
    • Value Estimation
      $2,905,000
      24,304 SF

      600 Kellwood Pkwy

      OFFICE BUILDING • 24,304 SF
      600 Kellwood Pkwy, Chesterfield, MO 63017-5802
      View Details
    • Value Estimation
      $5,820,000
      59,384 SF

      390 Woods Ml Rd

      OFFICE BUILDING • 59,384 SF
      390 Woods Ml Rd, Chesterfield, MO 63017-3626
      View Details
    • Value Estimation by Request
      129,918 SF

      400 Woods Ml Rd

      OFFICE BUILDING • 129,918 SF
      400 Woods Ml Rd, Chesterfield, MO 63017-3429
      View Details
    • Value Estimation
      $2,640,000
      31,716 SF

      15400 Outer 40th Rd

      OFFICE BUILDING • 31,716 SF
      15400 Outer 40th Rd, Chesterfield, MO 63017-2017
      View Details

    Similar Nearby for Sale

    • $13,573,300
      104,410 SF

      Chesterfield Office Building For Sale

      Office building in Chesterfield with ample parking and highway access.
      15450 S Outer 40 Rd, Chesterfield, MO 63017
      View Details
    • Contact for pricing
      17,036 SF

      First Floor Office Space Available

      First floor office space suitable for professional or medical use.
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      Walgreens Net Lease Investment

      High-yield Walgreens in affluent area
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    • $550,000
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      Residential Lots Near Highway

      Four residential lots totaling 1.5 acres near highways.
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      View Details

    Similar Nearby for Lease

    • $29 SF/Yr
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      Renovated Office Building For Rent

      Newly renovated office building with signage opportunity and furniture available.
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    • $26 SF/Yr
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      Class A Office Building

      Class A office building with tenant amenities and abundant parking.
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      View Details
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      1,456 SF

      Class A Office Building Space

      Class A office building with shared tenant amenities for lease.
      16052 Swingley Ridge Rd, Chesterfield, MO 63017
      View Details
    • $29 SF/Yr
      8,812 SF

      Class A Office Suite

      Renovated office suite with tenant amenities for lease.
      16090 Swingley Ridge Rd, Chesterfield, MO 63017
      View Details
    • $8,175,000
      1,197 SF

      Class A Office Building

      Class A office building with tenant amenities and easy highway access.
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    • $24 SF/Yr
      7,296 SF

      Prominent Office Building For Lease

      Office space with high visibility and convenient highway access.
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      View Details
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    Chesterfield, MO 63017
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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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