3165 Mckelvey Rd, Bridgeton, MO 63044
- Office buildings
- 48,224 SF
- 3.90 lot acres
Current Use by Public Records
- Office buildings
Property Details for 3165 Mckelvey Rd
- Year built
- 1990
- Lot size
- 3.90 lot acres
- Zone code
- R1
- Property type
- Office buildings
- APN
- 11N-1-1-025-2
- APU
- 11N110252
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 5, 2018 | — | 3165 Mckelvey Road LLC | — | Grant Deed · related | $1.5M · Midwest Bankcentre |
| May 16, 2017 | — | 3165 Mckelvey Road LLC | Newkirk Gersant LP | Grant Deed · related | — |
| May 16, 2017 | $1,100,000 | 3165 Mckelvey Road LLC | Newkirk Gersant LP | Grant Deed · related | — |
| Nov 26, 2008 | $872,841 | Gersant Newkirk | Kroger | Grant Deed | — |
Description
This exceptional Class B medical office building, located at 3165 McKelevey Rd in St. Louis County, offers a total of 51,067 square feet of space. Currently, there are 21,108 square feet of vacant space available, divisible into units ranging from a minimum of 2,000 square feet to a maximum contiguous space of 11,836 square feet. Two specific suites are highlighted: Suite 101, offering 11,836 rentable square feet (divisible), and Suite 204, providing 9,272 rentable square feet (also divisible). The building boasts ample parking, with a generous 265 spaces (a 5:1,000 ratio), and features prominent building signage opportunities with excellent visibility from Interstates I-270 and I-70. Its convenient location offers easy access to major highways and is in close proximity to SSM DePaul Hospital. Built in 1981, the property sits on a 6.16-acre lot and includes elevators for convenient access to all floors. The building is further enhanced by the presence of on-site AIM Laboratories. Tenant improvement allowances are available, making this an attractive opportunity for medical practices seeking modern, well-located office space. The building's multiple tenancy structure provides flexibility for various sized practices.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $10,460,000
- 6.5%
- $9,655,000
- 7%
- $8,970,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $7,050,000
- AI Estimate
- $7,682,000
Market price range: $4.07M - $10.1MMarket price range: $1.58M - $11.5M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $6,835,000 Current use
- AUTO REPAIR, GARAGE
- $6,855,000 Change: +0% Conversion: Difficult
- MEDICAL BUILDING
- $5,860,000 Change: -14% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bridgeton
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.4386
- Latitude
- 38.745
- CBSA code
- 41180
- CBSA name
- ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
