616 Trade Ctr Blvd, Unit 2 Chesterfield, MO 63005-1227
Property profile & analytics
616 Trade Ctr Blvd, Unit 2 Chesterfield, MO 63005-1227
- Office Spaces
- 12,603 SF
- 0.28 lot acres
Property ID
US48-0642493
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.
Location Intelligence
Current Use by Public Records
- Office Spaces
Property Details for 616 Trade Ctr Blvd
- Year built
- 2001
- Lot size
- 0.28 lot acres
- Property size
- 12,603 SF
- Zone code
- 105M3
- Property type
- Office Spaces
- APN
- 17V-3-2-028-8
- APU
- 17V320288
Description
This exceptional 12,255-square-foot office building, located at 616 Trade Center Blvd in Chesterfield, Missouri, presents a compelling investment opportunity. The single-story, 2001-constructed building sits on a single unit and is currently 100% occupied under a triple-net (NNN) lease, providing immediate cash flow. The property boasts approximately 92% office space, ideal for a variety of businesses, complemented by warehouse space featuring a dock door (with potential for expansion). The high ceilings (20 feet) offer ample storage and operational flexibility. Situated in the desirable Chesterfield Valley, this property enjoys convenient access to I-64, ensuring excellent accessibility for employees and clients. The building is zoned PID and is currently leased through July 31, 2029. A significant rent increase is projected due to built-in rent bumps tied to the Consumer Price Index (CPI), with a 24-month CPI adjustment scheduled for August 1, 2025. This presents a strong potential for future appreciation and return on investment. The asking price is $2,250,000, translating to $183.60 per square foot. This core investment property offers a rare combination of immediate income, long-term lease security, and significant upside potential. Don't miss this opportunity to acquire a high-quality asset in a prime Chesterfield location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,855,000
- ML approach
- $1,950,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,735,000
- 6.5%
- $2,525,000
- 7%
- $2,345,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,994,000
- AI Estimate
- $2,122,000
Market price range: $1.28M - $2.40MMarket price range: $753k - $3.38M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,825,000 Current use
- RETAIL STORES
- $1,915,000 Change: +5% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $1,790,000 Change: -2% Conversion: Difficult
- MEDICAL BUILDING
- $1,530,000 Change: -16% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chesterfield
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.6234
- Latitude
- 38.6645
- 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
$37,029
$32,960
$387,900
$420,860
-
$103,000
$1,212,200
$1,315,200
