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    Property profile & analytics

    3324 Hollenberg Dr Bridgeton, MO 63044

    • Investment properties
    • 10,500 SF
    • 1.17 lot acres
    For Sale
    View listing
    $950,000
    Last Sale
    Oct 01, 2021
    $900,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-0024665
    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

    • Investment properties

    Property Details for 3324 Hollenberg Dr

    Year built
    1983
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.17 lot acres
    Property size
    10,500 SF
    Zone code
    10M-3
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    11O-6-4-032-5
    APU
    11O640325

    Description

    This exceptional 10,500-square-foot single-story building in Bridgeton, Missouri, presents a unique opportunity for businesses seeking flexible workspace. Currently zoned C in St. Louis County, this property offers a blend of office and flex space, ideal for a variety of uses. The building underwent renovations in 2016, ensuring modern amenities and functionality. With 6,797 square feet currently vacant, there's ample space available for immediate occupancy. The property sits on a generous 1.17-acre lot, providing ample room for expansion or outdoor amenities. Parking is conveniently provided at a ratio of 4.5 spaces per 1,000 square feet. The building is available for both sale and lease, offering flexibility to suit various business needs. A special price of $950,000 is currently offered for sale, and a reduced first-year rental rate is available through December 2024. Located at 3324 Hollenberg Drive, Bridgeton, MO 63044, this property offers easy access to major transportation routes and local amenities. The building's multiple tenancy capability makes it suitable for a variety of business models. Don't miss this chance to acquire a versatile and well-maintained commercial property in a prime location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $965,000
      ML approach
      $935,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,120,000
      Market price range: $509k - $1.12M
      AI Estimate
      $564,000
      Market price range: $163k - $564k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $830,000
      Current use
      AUTO REPAIR, GARAGE
      $1,490,000
      Change: +80% Conversion: Difficult
      OFFICE BUILDING
      $1,280,000
      Change: +54% Conversion: Easy
      MEDICAL BUILDING
      $1,275,000
      Change: +54% Conversion: Easy
      RETAIL STORES
      $1,065,000
      Change: +28% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $1,045,000
      Change: +26% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $835,000
      Change: +1% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Bridgeton
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.4398
    Latitude
    38.7552
    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
    $34,201
    $73,380
    $239,070
    $312,450
    -
    $229,300
    $747,100
    $976,400

    Comparable in this City

    • Value Estimation
      $1,025,000
      11,946 SF

      14 Hollenberg Ct Ste B

      OFFICE/RESIDENTIAL (MIXED USE) • 11,946 SF
      14 Hollenberg Ct Ste B, Bridgeton, MO 63044-2422
      View Details
    • Value Estimation
      $1,410,000
      15,382 SF

      3353 Hollenberg Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 15,382 SF
      3353 Hollenberg Dr, Bridgeton, MO 63044-2433
      View Details
    • Value Estimation
      $610,000
      6,230 SF

      27 Hollenberg Ct

      OFFICE/RESIDENTIAL (MIXED USE) • 6,230 SF
      27 Hollenberg Ct, Bridgeton, MO 63044-2454
      View Details
    • Value Estimation
      $1,565,000
      17,398 SF

      26 Hollenberg Ct

      OFFICE/RESIDENTIAL (MIXED USE) • 17,398 SF
      26 Hollenberg Ct, Bridgeton, MO 63044-2454
      View Details
    • Value Estimation
      $770,000
      8,096 SF

      3 Hollenberg Ct

      OFFICE/RESIDENTIAL (MIXED USE) • 8,096 SF
      3 Hollenberg Ct, Bridgeton, MO 63044-2454
      View Details
    • Value Estimation
      $1,475,000
      16,561 SF

      2 Hollenberg Ct Ste A

      OFFICE/RESIDENTIAL (MIXED USE) • 16,561 SF
      2 Hollenberg Ct Ste A, Bridgeton, MO 63044-2456
      View Details

    Similar Nearby for Sale

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      Prime Bridgeton Development Land

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      Highway Frontage Land For Sale

      100 acres with highway frontage and visibility.
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    • $970,000
      7,503 SF

      Leased Industrial Property Near I-270

      Well-maintained industrial property 100% leased to long-term tenants.
      3377 Hollenberg Dr, Bridgeton, MO 63044
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      52,056 SF

      Plaza Depaul Retail Center

      Bridgeton, MO Retail Space Available
      12400 St Charles Rock Rd, Bridgeton, MO 63044
      View Details
    • $12 SF/Yr
      2,500 SF

      Office/Warehouse Flex Space Available

      Flex/light manufacturing building with convenient highway access for lease.
      27 Hollenberg Ct, Bridgeton, MO 63044
      View Details
    • Contact for pricing

      Commercial Land for Lease

      Up to 5+ acres of newly paved commercial land.
      13920 Saint Charles Rock Rd, Bridgeton, MO 63044
      View Details
    • Contact for pricing
      4,000 SF

      Plug-&-Play Dental Office Space

      Dental office space with FF&E available, easy highway access.
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      View Details
    • $17 SF/Yr
      66,216 SF

      Bridgeton Oaks Shopping Center

      Prime Retail Space Available in St. Louis
      12302 Natural Bridge Rd, Bridgeton, MO 63044
      View Details
    • $8 SF/Yr
      10,500 SF

      Bridgeton MO Office/Flex Building

      10,500 SF Office/Flex - Sale/Lease
      3324 Hollenberg Dr, Bridgeton, MO 63044
      View Details
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    Bridgeton, MO 63044
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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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