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    Property profile & analytics

    107 Piper Hl Dr Saint Peters, MO 63376-1651

    • Medical Office Space
    • 17,296 SF
    • 2.09 lot acres
    OFF-MARKET
    Last Sale
    Mar 07, 2024
    $3,787,000
    Value Estimations
    $3,465,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-0130281
    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

    • Mercy Clinic Family Medicine - Piper Hill Suite 140 / Medical Clinic
    • Primary Care Pediatrics / Pediatrician / Medical Clinic
    • Dr. Terry G. Hoehne, MD / Pediatrician / Physician
    • Dr. Paul D. Hinrichs, DO / Pediatrician / Physician
    • Dr. Edward J. Kunst, MD / Physician

    Property Details for 107 Piper Hl Dr

    Year built
    1998
    Lot size
    2.09 lot acres
    Property size
    17,296 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    2-0063-7436-00-0004.0000000
    APU
    9223372036854775807

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,141,000
      Market price range: $1.69M - $4.33M
      AI Estimate
      $3,141,000
      Market price range: $1.69M - $4.33M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $3,355,000
      Current use
      AUTO REPAIR, GARAGE
      $2,995,000
      Change: -11% Conversion: Difficult
      RETAIL STORES
      $2,890,000
      Change: -14% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Peters
    County
    St. Charles
    State
    Missouri
    Longitude
    -90.5879
    Latitude
    38.7932
    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
    0
    $0.00
    $0.00
    $0.00
    $753,974
    -
    $523,480
    $1,832,690
    $2,356,170

    Comparable in this City

    • Value Estimation by Request
      2,500 SF

      80 Gailwood Dr

      MEDICAL BUILDING • 2,500 SF
      80 Gailwood Dr, Saint Peters, MO 63376-6581
      View Details
    • Value Estimation
      $2,300,000
      10,800 SF

      6960 Mexico Rd

      MEDICAL BUILDING • 10,800 SF
      6960 Mexico Rd, Saint Peters, MO 63376-1512
      View Details
    • Value Estimation by Request
      2,504 SF

      4800 Mexico Rd, Unit 1

      MEDICAL BUILDING • 2,504 SF
      4800 Mexico Rd, Saint Peters, MO 63376-1666
      View Details
    • Value Estimation
      $745,000
      4,690 SF

      4203 Cloverleaf Dr

      MEDICAL BUILDING • 4,690 SF
      4203 Cloverleaf Dr, Saint Peters, MO 63376-6452
      View Details
    • Value Estimation
      $14,040,000
      46,200 SF

      5200 Executive Ctr Pkwy

      MEDICAL BUILDING • 46,200 SF
      5200 Executive Ctr Pkwy, Saint Peters, MO 63376-3394
      View Details
    • Value Estimation
      $2,105,000
      10,479 SF

      145 Saint Peters Ctr Blvd

      MEDICAL BUILDING • 10,479 SF
      145 Saint Peters Ctr Blvd, Saint Peters, MO 63376-5103
      View Details

    Similar Nearby for Sale

    • $3,350,000
      26,578 SF

      St. Peters Medical Office Building

      26,578 SF Medical Office, Value-Add Opportunity
      112 Piper Hill Dr, St. Peters, MO 63376
      View Details
    • $200,000
      0.16 Acres

      Remodeled Commercial Property on Jungermann

      Newly remodeled commercial property on heavily traveled Jungermann Road.
      406 Jungermann Rd, St Peters, MO 63376
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    • $560,000
      3,000 SF

      St. Peters Standalone Office Building

      Move-in-ready office building suitable for medical or professional use.
      410 Jungermann Rd, St Peters, MO 63376
      View Details
    • Contact for pricing
      1,724 SF

      Medical Office Building Near Hospital

      12,512 SF medical office building near Barnes-Jewish St. Peters Hospital.
      4601 Executive Centre Pkwy, St Peters, MO 63376
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    • $155,000
      1,800 SF

      Leased Office Condo For Sale

      Leased office condo for sale with a strong cap rate.
      4131-4139 Mexico Rd, Saint Peters, MO 63376
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    • Contact for pricing
      26,578 SF

      Medical Office Building For Sale

      Two-story medical office building in St. Peters, Missouri.
      112 Piper Hill Dr, St Peters, MO 63376
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      15,000 SF

      St. Peters Medical Office Space

      1,980 SF Medical Office for Lease
      104 Hospital Dr, St. Peters, MO 63376
      View Details
    • $23 SF/Yr
      9,945 SF

      St. Peters Medical Office Space

      High-quality medical office, ample parking, great location.
      112 Piper Hill Dr, St. Peters, MO 63376
      View Details
    • Contact for pricing
      13,000 SF

      St. Peters Medical Office Space

      Prime Medical Office, St. Charles County
      5770 Mexico Rd, St. Peters, MO 63376
      View Details
    • Contact for pricing
      10,500 SF

      St. Peters Retail Land Opportunity

      Prime 1.21-acre development site.
      6940 Mexico Rd, St. Peters, MO 63376
      View Details
    • Contact for pricing
      5,679 SF

      Class A Office Building

      Class A office building with high visibility and ample parking.
      5301 Veterans Memorial Pkwy, St Peters, MO 63376
      View Details
    • Contact for pricing
      3,265 SF

      Medical/Professional Office Space For Rent

      Medical and professional office space with prominent signage and ample parking.
      5650 Mexico Rd, St Peters, MO 63376
      View Details
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    Saint Peters, MO 63376-1651
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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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