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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1598 Meyer Rd Wentzville, MO 63385-3653

    • Medical offices
    • 22,408 SF
    • 17.23 lot acres
    OFF-MARKET
    Value Estimations
    $4,010,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-1474309
    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

    • Medical offices

    Property Details for 1598 Meyer Rd

    Year built
    2015
    Lot size
    17.23 lot acres
    Property size
    22,408 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    4-0013-C227-00-0002.0000000
    APU
    40013C2270000020000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,011,000
      Market price range: $2.19M - $5.62M
      AI Estimate
      $4,011,000
      Market price range: $2.19M - $5.62M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $4,345,000
      Current use
      RETAIL STORES
      $4,305,000
      Change: -1% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $3,885,000
      Change: -11% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Wentzville
    County
    St. Charles
    State
    Missouri
    Longitude
    -90.8801
    Latitude
    38.824
    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
    $962,731
    -
    $1,714,764
    $1,293,771
    $3,008,535

    Comparable in this City

    • Value Estimation
      $675,000
      2,800 SF

      1021 Wentzville Pkwy

      MEDICAL BUILDING • 2,800 SF
      1021 Wentzville Pkwy, Wentzville, MO 63385-3437
      View Details
    • Value Estimation
      $1,850,000
      9,547 SF

      1092 Wentzville Pkwy

      MEDICAL BUILDING • 9,547 SF
      1092 Wentzville Pkwy, Wentzville, MO 63385-3437
      View Details
    • Value Estimation
      $1,240,000
      4,940 SF

      1890 Wentzville Pkwy

      MEDICAL BUILDING • 4,940 SF
      1890 Wentzville Pkwy, Wentzville, MO 63385-3817
      View Details
    • Value Estimation by Request
      2,842 SF

      853 Medical Dr

      MEDICAL BUILDING • 2,842 SF
      853 Medical Dr, Wentzville, MO 63385-3823
      View Details
    • Value Estimation by Request
      3,000 SF

      1776 Crosswinds Dr

      MEDICAL BUILDING • 3,000 SF
      1776 Crosswinds Dr, Wentzville, MO 63385-4832
      View Details
    • Value Estimation by Request
      2,010 SF

      853 Medical Dr

      MEDICAL BUILDING • 2,010 SF
      853 Medical Dr, Wentzville, MO 63385-3823
      View Details

    Similar Nearby for Sale

    • $650,000
      3,000 SF

      Wentzville Medical Office For Sale

      3,000 SF fully occupied medical office building for sale.
      1776 Crosswinds Dr, Wentzville, MO 63385
      View Details
    • $275,000
      1,260 SF

      Wentzville Office Building For Sale

      Office building in Wentzville, MO, with high traffic corner lot.
      809 E Pearce Blvd, Wentzville, MO 63385
      View Details
    • $2,000,000
      48.61 Acres

      Prime Wentzville Farmland - 48 Acres

      Missouri farmland, investment opportunity, Hwy Z access.
      1 Highway, Wentzville, MO 63385
      View Details
    • $2,677,633
      19.83 Acres

      Wentzville Commercial Land - 19.83 Acres

      Prime Commercial Land, Excellent Development Potential
      1700 Meyer Rd, Wentzville, MO 63385
      View Details
    • Contact for pricing
      1.08 Acres

      Wentzville Parkway Commercial Land

      Prime Missouri land, build-to-suit options.
      0 Wentzville Pkwy, Wentzville, MO 63385
      View Details
    • $2,455,000

      Wentzville Parkway Commercial Land

      Prime Development Site, High Traffic Area
      20 Wentzville Pkwy, Wentzville, MO 63385
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      20,850 SF

      Wentzville Flex Space Available

      Modern Flex Space, 1,519 SF Available
      135 Hamilton Industrial Ct, Wentzville, MO 63385
      View Details
    • $12 SF/Yr
      5,000 SF

      Wentzville Industrial Space For Lease

      5,000 SF Office/Warehouse in Wentzville, MO
      111 Avalon Industrial Pkwy, Wentzville, MO 63385
      View Details
    • Contact for pricing
      1,519 SF

      Wentzville Office Space Available

      1,519 SF office space with ample parking.
      135-143 Hamilton Industrial Ct, Wentzville, MO 63385
      View Details
    • $18 SF/Yr
      1,800 SF

      Wentzville Flex/Industrial Space Available

      1800 SF flex/industrial space for lease in Wentzville, MO.
      310 Interstate Dr, Wentzville, MO 63385
      View Details
    • Contact for pricing

      Retail Space with High Visibility

      Retail bays and outparcels available with immediate I-70 access.
      1260 W Pearce Blvd, Wentzville, MO 63385
      View Details
    • Contact for pricing
      12,000 SF

      Retail Space on West Pearce

      Prime retail or office space in Wentzville, Missouri.
      712 W Pearce Blvd, Wentzville, MO 63385
      View Details
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    1598 Meyer Rd
    Wentzville, MO 63385-3653
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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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