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    2051 Exchange Dr Saint Charles, MO 63303-5987
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    Property profile & analytics

    2051 Exchange Dr, Saint Charles, MO 63303-5987

    View on Map
    • Office buildings
    • 6,000 SF
    • 0.76 lot acres
    Off-Market
    Last Sale Jun 9, 2023
    Property ID
    US48-0680499
    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.
    Value Estimations
    $695,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 2051 Exchange Dr

    Year built
    1999
    Lot size
    0.76 lot acres
    Property type
    Office buildings
    APN
    3-0117-8352-00-117A.0000000
    APU
    30117835200117A0000000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 27, 2024 — Site Advancement Foundation — Deed · related $960k · Peoples Savings Bank Of Rhineland
    Jun 9, 2023 — Site Advancement Foundation Daniel L Hamilton SR. Special Warranty Deed —
    Oct 15, 2021 — Daniel L Hamilton SR. Kenneth O Kothe Deed $374k · Commerce Bank
    Jun 13, 2019 — Kothe,kenneth O Living Trust — Deed · related $200k · Bank Of Old Monroe
    May 23, 2014 — Kothe,kenneth O Living Trust Kothe Rosalie L Living Trust Quit Claim Deed · related —
    Feb 10, 2003 — Kenneth O Kothe Collier Organization INC Grant Deed · related —
    — — Kothe,kenneth O Living Trust — Deed Of Trust · related $150k · Bank Of Old Monroe
    — — Kothe,kenneth O Living Trust — Loan Modification · related $200k · Bank Of Old Monroe

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $693,000
      Market price range: $598k - $931k
      AI Estimate
      $693,000
      Market price range: $598k - $931k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $775,000
      Current use
      RETAIL STORES
      $1,150,000
      Change: +48% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $1,040,000
      Change: +34% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $840,000
      Change: +8% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $775,000
      Change: -0% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Charles
    County
    St. Charles
    State
    Missouri
    Longitude
    -90.53
    Latitude
    38.758
    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
    $158,400
    -
    $148,977
    $346,023
    $495,000

    Comparable in this City

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      7,200 SF

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      OFFICE BUILDING
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    • Value Estimation
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      7,050 SF

      1985 Bluestone Dr

      OFFICE BUILDING
      1985 Bluestone Dr, Saint Charles, MO 63303-5730
      View Details
    • Value Estimation by Request
      3,000 SF

      2260 Bluestone Dr

      OFFICE BUILDING
      2260 Bluestone Dr, Saint Charles, MO 63303-5981
      View Details
    • Value Estimation
      $935,000
      7,192 SF

      2085 Bluestone Dr

      OFFICE BUILDING
      2085 Bluestone Dr, Saint Charles, MO 63303-6726
      View Details
    • Value Estimation
      $775,000
      5,000 SF

      1841 Sherman Dr

      OFFICE BUILDING
      1841 Sherman Dr, Saint Charles, MO 63303-3966
      View Details
    • Value Estimation by Request
      2,500 SF

      2061 Collier Corporate Pkwy

      OFFICE BUILDING
      2061 Collier Corporate Pkwy, Saint Charles, MO 63303-6701
      View Details

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    • Contact for pricing
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      8,128 SF

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      14,015 SF

      Professional Office Building For Sale

      Multi-tenant office building with available space and high traffic.
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    • $2,450,000
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      St Charles Medical Office Building

      Freestanding, fully occupied medical office building near highways.
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      5,940 SF

      St. Peters Commercial Property For Sale

      Commercial property suitable for office, retail, and other business uses.
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      3,030 SF

      Freestanding Building Near Highway

      3,030 SF building ideal for retail, medical, or office.
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    Similar Nearby for Lease

    • Contact for pricing
      14,080 SF

      Professional Office Space For Rent

      Office spaces available in professional building with high-end finishes.
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      View Details
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      7,584 SF

      Office Space Near I-70

      7,584 SF office space with convenient highway access.
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    • Contact for pricing
      1,600 SF

      Professional Office Building For Lease

      Freestanding office building with private offices, reception, and breakroom.
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    • Contact for pricing
      1,987 SF

      St Charles Office Space

      Office space available for rent in St Charles, Missouri.
      60 Hill Pointe Ct, Saint Charles, MO 63303
      View Details
    • Contact for pricing
      912 SF

      Professional Office Space Available

      Office space with excellent highway exposure and convenient location.
      2451 Executive Dr, Saint Charles, MO 63303
      View Details
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    Saint Charles, MO 63303-5987
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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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