Property profile

2342 Technology Dr O Fallon, MO 63368

OFF-MARKET
Office buildings
Property ID
US48-0432767
75,270 SF 5.18 ac lot Built 2007
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class A executive office space at 2342 Technology Drive in O'Fallon, Missouri, offers a prime location within St. Charles County. The building boasts a total of 72,381 square feet, with multiple tenancy options available. Currently, there are 16,838 square feet of vacant space, divisible into units ranging from a minimum of 7,206 square feet to a maximum contiguous space of 9,632 square feet. The property benefits from a convenient 5 parking spaces per 1,000 square feet ratio. Its strategic location places it near the regional headquarters of major corporations like Citi and Mastercard, providing excellent visibility and access to a strong workforce. The surrounding area offers a wealth of retail and restaurant amenities, enhancing convenience for employees and clients. The building also provides the opportunity for prominent building signage, further increasing visibility and brand recognition. Turn-key build-outs are available, minimizing the time and expense associated with tenant improvements, allowing for a quick and efficient move-in. The property's address is 2342 Technology Drive, O'Fallon, MO 63368. This is an unparalleled opportunity to secure high-quality office space in a thriving business environment.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2007
Total area 75,270 SF
Lot 5.18 ac (225,641 SF)
APN 4-0036-A551-00-001A.0000000
UPID US48-0432767

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Corporate Office
  • Corporate Office
  • Law Firm
  • Corporate Office Business Park

Location

2342 Technology Dr O Fallon, MO 63368-7200
O Fallon metro Census 311153 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.63M
Blend (final) Blend
$7.77M

Owner & transaction history

since 2021
Last sale
$6.9M
7 recorded transactions
2021
Price N/A
2021
$6.5M
2020
Price N/A
2020
Price N/A
2019
Price N/A
2007
Price N/A
2007
$14,102

Zoning & alternative use

Top alternative use upside
Auto repair, garage $13.0M +22.0%
Retail stores $12.6M +17.6%
Neighborhood: shopping center $10.7M +0.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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