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

    1900 Meyer Drury Dr Arnold, MO 63010-6004

    • Office Properties & Spaces
    • 67,462 SF
    • 8.18 lot acres
    OFF-MARKET
    Last Sale
    Jun 04, 2021
    Value Estimations
    $11,230,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-0474848
    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

    • Concentrix / Business To Business Service

    Property Details for 1900 Meyer Drury Dr

    Year built
    2000
    Lot size
    8.18 lot acres
    Property size
    67,462 SF
    Zone code
    CT1
    Property type
    Office Properties & Spaces
    APN
    09-3.0-06.0-1-001-003.11
    APU
    930060100100311

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $13,660,000
      6.5%
      $12,610,000
      7%
      $11,710,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $9,852,000
      Market price range: $4.55M - $16.2M

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

    Location Insight

    • Map
    • Local Demand
    City
    Arnold
    County
    Jefferson
    State
    Missouri
    Longitude
    -90.3849
    Latitude
    38.4071
    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
    $179,917
    $684,100
    $1,816,900
    $2,501,000
    -
    $2,137,900
    $5,677,800
    $7,815,700

    Comparable in this City

    • Value Estimation by Request
      1,400 SF

      1895-1903 Richardson Rd

      Office Properties & Spaces • 1,400 SF
      1895-1903 Richardson Rd, Arnold, MO 63010
      View Details
    • Value Estimation
      $835,000
      12,773 SF

      2132 10th Rd

      OFFICE (GENERAL) • 12,773 SF
      2132 10th Rd, Arnold, MO 63010-1515
      View Details
    • Value Estimation by Request
      5,000 SF

      1000 Fox Chase Industrial Dr

      OFFICE (GENERAL) • 5,000 SF
      1000 Fox Chase Industrial Dr, Arnold, MO 63010-1302
      View Details
    • Value Estimation by Request
      1,118 SF

      1359 Jeffco Blvd

      OFFICE (GENERAL) • 1,118 SF
      1359 Jeffco Blvd, Arnold, MO 63010-2155
      View Details
    • Value Estimation by Request
      2,697 SF

      4039 Jeffco Blvd

      OFFICE (GENERAL) • 2,697 SF
      4039 Jeffco Blvd, Arnold, MO 63010-4213
      View Details
    • Value Estimation by Request
      2,858 SF

      1324 Jeffco Blvd

      OFFICE (GENERAL) • 2,858 SF
      1324 Jeffco Blvd, Arnold, MO 63010-2157
      View Details

    Similar Nearby for Sale

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      Office/retail space with updated features and ample parking.
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    • $375,000
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      Retail Property in Arnold, Missouri

      Retail property for sale with 1,404 square feet of space.
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    • Contact for pricing
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      9,202 SF retail space with excellent visibility.
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    • $1,105,000

      13-Unit Single-Family Home Portfolio

      13 single-family homes in a strong rental market.
      3 Branson Dr, Arnold, MO 63010
      View Details
    • $650,000
      35.33 Acres

      Land For Sale in Arnold

      Two parcels of land totaling 48.81 acres in Arnold, MO.
      1 Hickory Square Pkwy, Arnold, MO 63010
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    • $279,900
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      Retail Property in Prime Location

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    Similar Nearby for Lease

    • $14 SF/Yr
      1,400 SF

      Executive Office Suite in Arnold, MO

      1,400 SF Office Space Available Now
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      View Details
    • $13 SF/Yr
      25,121 SF

      Arnold, MO Executive Office Space

      1,850 SF Office Suite Available in Prime Location
      1 Village Plz, Arnold, MO 63010
      View Details
    • $18 SF/Yr
      1,104 SF

      Move-In Ready Office Space

      Recently completed office space available for rent in Arnold, MO.
      3601 Commerce Dr, Arnold, MO 63010
      View Details
    • $2,500 /Mo
      Pending

      Arnold, MO Office/Retail Space

      Office and retail space available for lease or sale.
      1333 W Outer 21 Rd, Arnold, MO 63010
      View Details
    • $1,495,000
      538 SF

      Renovated Retail/Office Space Available

      9,462 SF rentable commercial space in Arnold, MO.
      3838 Jeffco Blvd, Arnold, MO 63010
      View Details
    • $15 SF/Yr
      1,565 SF

      Premier Office Space in Arnold

      High-end office space with convenient access to amenities.
      3500-3510 Jeffco Blvd, Arnold, MO 63010
      View Details
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    1900 Meyer Drury Dr
    Arnold, MO 63010-6004
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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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