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

    18375 Chesterfield Airport Rd Chesterfield, MO 63005-1009

    • Motels
    • 16,850 SF
    • 2.60 lot acres
    OFF-MARKET
    Last Sale
    Mar 30, 2023
    $7,000,000
    Value Estimations
    $6,865,000
    Show details
    Cap Rate Potential
    2.4%
    Motels
    Location Intelligence
    Property ID
    US48-1108552
    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

    • Motels

    Property Details for 18375 Chesterfield Airport Rd

    Year built
    2002
    Construction
    FRAME
    Lot size
    2.60 lot acres
    Property size
    16,850 SF
    Zone code
    105C8
    Property type
    Motels
    APN
    17W-6-4-009-1
    APU
    17W640091

    Description

    This fully renovated, 94-key Comfort Inn & Suites in Chesterfield, MO, presents a rare turnkey investment opportunity. Located in a thriving submarket near major highways and Lambert International Airport, the hotel benefits from a strong and diverse economy driven by healthcare, technology, and corporate offices. Major employers like Bayer and Mercy Health ensure a consistent stream of business travelers, while the area's attractions draw leisure guests. Recently completing its Property Improvement Plan (PIP), this property requires no further upgrades, offering immediate cash flow potential with high operating numbers and growing performance metrics. Chesterfield's consistently strong market performance, rising occupancy rates, and consistent RevPAR growth make this a highly desirable investment. The hotel's strategic location, coupled with its turnkey status and the area's robust demand, positions it for continued success. This is an exceptional opportunity to capitalize on Chesterfield's booming hotel market and acquire a property in a high-performing submarket with significant growth potential. The asking price is $10,000,000. The property is situated at 18375 Chesterfield Airport Rd, Chesterfield, MO 63005, within St. Louis County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $6,690,000
      ML approach
      $6,775,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,083,000
      Market price range: $1.76M - $8.17M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $4,300,000
      Current use
      RESTAURANT
      $5,490,000
      Change: +28% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Chesterfield
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.6519
    Latitude
    38.6727
    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
    $112,099
    $325,790
    $948,290
    $1,274,080
    -
    $1,018,100
    $2,963,400
    $3,981,500

    Comparable in this City

    • Value Estimation
      $3,650,000
      28,692 SF

      5 Mcbride And Son Ctr Dr

      MOTEL • 28,692 SF
      5 Mcbride And Son Ctr Dr, Chesterfield, MO 63005-1406
      View Details
    • Value Estimation
      $1,115,000
      13,813 SF

      16631 Chesterfield Grv Rd

      HOTEL • 13,813 SF
      16631 Chesterfield Grv Rd, Chesterfield, MO 63005-1429
      View Details
    • Value Estimation
      $1,590,000
      20,113 SF

      16875 Outer 40th Rd

      HOTEL • 20,113 SF
      16875 Outer 40th Rd, Chesterfield, MO 63005-1430
      View Details
    • Value Estimation by Request
      1.00 Acre

      Spirit Vly Business Park

      Land • 1.00 Acre
      0 Spirit Vly Business Park, Wildwood, MO 63005
      View Details
    • Value Estimation by Request
      41.43 Acres

      120 Eatherton Rd

      Land • 41.43 Acres
      120 Eatherton Rd, Chesterfield, MO 63005
      View Details
    • Value Estimation by Request
      17.56 Acres

      18575 Outlet Blvd

      PARKING GARAGE, PARKING STRUCTURE • 17.56 Acres
      18575 Outlet Blvd, Chesterfield, MO 63005-0002
      View Details

    Similar Nearby for Sale

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      Prime Chesterfield Commercial Land

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      Established Nursery Business in Wildwood

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      Land Available in Chesterfield, MO

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      View Details
    • Contact for pricing

      Commercial Land at Baxter & Wildhorse

      Corner lot zoned C8 near restaurants, shopping, and future development.
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      Chesterfield Office Space Available

      Office space for sale in Chesterfield, Missouri.
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      Chesterfield Office Space Near HWY

      900 SF office space located near HWY 64.
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    Similar Nearby for Lease

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      Two retail spaces available, high traffic area.
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      Chesterfield Executive Office Space

      Prime Office Suite, 1955 sq ft Available
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      New construction retail spaces coming soon in Grover, MO.
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      View Details
    • $8 SF/Yr
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      Chesterfield Office/Warehouse Suites For Rent

      Office/warehouse suites with ample parking near I-64/40.
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      View Details
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      Chesterfield Valley Retail/Office Space

      Class A retail/office space in Chesterfield Valley for lease.
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      View Details
    • Contact for pricing
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      Retail Space in Power Center

      Retail opportunities in Chesterfield's high-traffic shopping destination.
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      View Details
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    18375 Chesterfield Airport Rd
    Chesterfield, MO 63005-1009
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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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