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Property profile & analytics
OFF-MARKET Estimated value $430,000
Medical Office Space

1660 Meyer Rd Wentzville, MO 63385-3409

6,328 SF 1.14 ac lot Built 2001
Entity Owned Absentee Owner Free & Clear
Property ID
US48-2801775
Property summary
AI-generated overview

This exceptional investment opportunity consists of two medical office buildings located in Wentzville and St. Charles, Missouri. The portfolio totals approximately 6,541 to 6,562 square feet and sits on a combined lot size of 0.77 to 1.14 acres. Both properties boast a 6.66% cap rate and are currently 100% occupied by Washington University Clinical Associates – Northwest Pediatrics under long-term leases. The Wentzville property, located at 1660 W Meyer Rd, 63385, commenced rent on December 8, 2005, and has a lease expiration date of January 1, 2027. The St. Charles property, situated at 11 Garvey Pkwy, 63303, began generating rent on February 1, 2002, with a lease expiration date of February 7, 2027. Both buildings were constructed between 2001 and 2005. The portfolio generates a substantial net operating income (NOI) of $292,312.91 annually, with a modified gross annual rent of $396,079.91. The properties benefit from convenient access to major highways, providing excellent visibility and accessibility for patients and staff. This is a rare opportunity to acquire a stable, high-performing medical office portfolio with significant long-term growth potential. The asking price for this exceptional investment is $4,390,000.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2001
Total area 6,328 SF
Lot 1.14 ac (49,706 SF)
APN 4-0010-C441-00-0001.0000000
UPID US48-2801775
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.28M
Blend (final) Blend
$430k
Owner & transaction history
B & L REAL EST INVESTMENTS LLC
B & L REAL EST INVESTMENTS LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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