Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1831 Craig Park Ct Saint Louis, MO 63146-4122

    • Office buildings
    • 16,773 SF
    • 1.26 lot acres
    OFF-MARKET
    Value Estimations
    $1,520,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-0308599
    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 1831 Craig Park Ct

    Year built
    1999
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.26 lot acres
    Property size
    16,773 SF
    Zone code
    104M-1
    Property type
    Office buildings
    APN
    15O-3-2-072-6
    APU
    15O320726

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,790,000
      Market price range: $1.56M - $3.97M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $2,505,000
      Current use
      AUTO REPAIR, GARAGE
      $2,090,000
      Change: -17% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.4428
    Latitude
    38.6927
    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
    $28,812
    $70,240
    $209,440
    $279,680
    -
    $219,500
    $654,500
    $874,000

    Comparable in this City

    • Value Estimation
      $3,185,000
      24,376 SF

      1001 Craig Rd

      OFFICE BUILDING • 24,376 SF
      1001 Craig Rd, Saint Louis, MO 63146-5277
      View Details
    • Value Estimation
      $900,000
      6,300 SF

      11960 Westline Industrial Dr

      OFFICE BUILDING • 6,300 SF
      11960 Westline Industrial Dr, Saint Louis, MO 63146-3228
      View Details
    • Value Estimation
      $2,075,000
      20,415 SF

      1460 Craig Rd

      OFFICE BUILDING • 20,415 SF
      1460 Craig Rd, Saint Louis, MO 63146-4842
      View Details
    • Value Estimation
      $9,520,000
      97,360 SF

      11432 Lackland Rd

      OFFICE BUILDING • 97,360 SF
      11432 Lackland Rd, Saint Louis, MO 63146-3516
      View Details
    • Value Estimation
      $5,085,000
      39,564 SF

      11802 Westline Industrial Dr

      OFFICE BUILDING • 39,564 SF
      11802 Westline Industrial Dr, Saint Louis, MO 63146-3313
      View Details
    • Value Estimation
      $4,385,000
      33,845 SF

      11918 Westline Industrial Dr

      OFFICE BUILDING • 33,845 SF
      11918 Westline Industrial Dr, Saint Louis, MO 63146-3204
      View Details

    Similar Nearby for Sale

    • $10,500,000
      94,000 SF

      94,000 SF Office Building

      Office building with cafeteria, fitness center, and conference center.
      11720 Borman Dr, Saint Louis, MO 63146
      View Details
    • Contact for pricing
      11,400 SF

      Prime Westport Plaza Office Building

      11,400 SF office building in vibrant Westport Plaza.
      2300 W Port Plaza Dr, Saint Louis, MO 63146
      View Details
    • $10,288,850
      94,000 SF

      Woodlands Plaza I Medical Office Building

      St. Louis medical office building, 94,000 SF.
      11720 Borman Dr St, St. Louis, MO 63146
      View Details
    • $4,000,000
      40,000 SF

      Executive Office Building, St. Louis

      40,000 SF Office, Prime Location
      11789 Borman Dr St, St. Louis, MO 63146
      View Details
    • $6,000,000
      41,150 SF

      St. Louis Industrial Distribution Building

      41,150 SF, 100% Leased, $6M
      2360 Chaffee Dr St, St. Louis, MO 63146
      View Details
    • $1,750,000
      14,798 SF

      St. Louis Commercial Property

      Prime St. Louis storefront & office space.
      11715 Administration Dr St, St. Louis, MO 63146
      View Details

    Similar Nearby for Lease

    • $4,299,000
      51,038 SF

      Saint Louis Office Space Available

      Office space for rent in Saint Louis, Missouri.
      11775 Borman Dr, Saint Louis, MO 63146
      View Details
    • $18 SF/Yr
      92,640 SF

      Class B Office Building For Lease

      92,640 SF Class B office building with multiple suites available.
      Maryland Heights, MO 63146
      View Details
    • Contact for pricing
      5,000 SF

      Renovated Office Building For Lease

      Class B office building featuring recent upgrades and prominent signage.
      2280 Schuetz Rd, Saint Louis, MO 63146
      View Details
    • $19 SF/Yr
      11,694 SF

      Prime St. Louis Executive Office Space

      11,694 SF Office Building, 2,625 SF Available
      2029 Woodland Pkwy St, St. Louis, MO 63146
      View Details
    • $18 SF/Yr
      92,640 SF

      Westline Industrial Drive Office Space

      Maryland Heights Executive Suites Available
      11960 Westline Industrial Dr St, St. Louis, MO 63146
      View Details
    • $10 SF/Yr
      42,210 SF

      Craig Park Tech Center Office Space

      St. Louis Office/Warehouse, 3,284 SF Available
      1842-1866 Craig Park Ct St, St. Louis, MO 63146
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1831 Craig Park Ct
    Saint Louis, MO 63146-4122
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.