1660 W Meyer Rd Wentzville, MO 63385
Property profile & analytics
1660 W Meyer Rd Wentzville, MO 63385
- Medical Office Space
- 6,328 SF
- 1.14 lot acres
Property ID
US48-2801775
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.
Location Intelligence
Current Use by Public Records
- Medical Office Space
Property Details for 1660 W Meyer Rd
- Year built
- 2001
- Lot size
- 1.14 lot acres
- Property size
- 6,328 SF
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 4-0010-C441-00-0001.0000000
- APU
- 40010C4410000010000000
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,282,000
- AI Estimate
- $1,282,000
Market price range: $619k - $1.59MMarket price range: $619k - $1.59M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,230,000 Current use
- RETAIL STORES
- $1,215,000 Change: -1% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,095,000 Change: -11% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Wentzville
- County
- St. Charles
- State
- Missouri
- Longitude
- -90.8819
- Latitude
- 38.8254
- 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
$307,793
-
$248,530
$713,323
$961,853
