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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    845 New Ballas Ct Creve Coeur, MO 63141

    • Medical offices
    • 33,950 SF
    • 2.08 lot acres
    For Lease
    View listing
    $29 SF/Yr
    Value Estimations
    $920,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-3314264
    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

    • CityPlace Five / Medical Office
    • Ladue Medical Spa / Medical Spa / Facial Spa
    • Dr. Laird Vermont / Pediatrician
    • Sono Bello / Surgeon / Surgical Center
    • Becky Lynn MD / Obstetrician-Gynecologist / Doctor

    Property Details for 845 New Ballas Ct

    Year built
    2006
    Construction
    TYPE NOT SPECIFIED
    Lot size
    2.08 lot acres
    Property size
    33,950 SF
    Zone code
    82CB
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    17O-6-3-069-6
    APU
    17O630696

    Description

    CityPlace Medical, located at 845 N New Ballas Ct, Creve Coeur, MO 63141, presents a prime opportunity for medical professionals seeking Class A office space in St. Louis County. This multi-tenant building boasts a total of 82,000 square feet, with 25,363 square feet currently available. Suites range from a minimum of 1,417 square feet to a maximum contiguous space of 6,511 square feet, offering flexibility for practices of various sizes. The building's premier status is reflected in its numerous amenities, designed to cater specifically to the needs of medical tenants. The property's convenient location in Creve Coeur provides easy access for patients and staff alike. This exceptional medical office building offers a sophisticated and efficient workspace, perfectly suited for a thriving medical practice. The building's Class A designation ensures high-quality construction and finishes, creating a professional and welcoming environment. With its ample available space and desirable location, CityPlace Medical represents an excellent investment opportunity for medical professionals seeking to establish or expand their practice in a thriving community. Contact us today to learn more about the available suites and schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $920,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.4439
    Latitude
    38.6738
    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
    $490,570
    $435,520
    $4,252,830
    $4,688,350
    -
    $1,361,000
    $13,290,100
    $14,651,100

    Comparable in this City

    • Value Estimation
      $440,000
      1,968 SF

      10842 Olive Blvd

      MEDICAL CLINIC • 1,968 SF
      10842 Olive Blvd, Saint Louis, MO 63141-7753
      View Details
    • Value Estimation
      $420,000
      2,020 SF

      10800 Olive Blvd

      MEDICAL CLINIC • 2,020 SF
      10800 Olive Blvd, Saint Louis, MO 63141-7773
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    • Value Estimation
      $320,000
      3,748 SF

      10511 Old Olive St Rd

      MEDICAL CLINIC • 3,748 SF
      10511 Old Olive St Rd, Saint Louis, MO 63141-5925
      View Details
    • Value Estimation
      $505,000
      3.52 Acres

      621 New Ballas Rd Ste 310a

      MEDICAL CLINIC • 3.52 Acres
      621 New Ballas Rd Ste 310a, Saint Louis, MO 63141-8258
      View Details
    • Value Estimation
      $1,370,000
      15,333 SF

      11605 Studt Ave Ste, Unit 114

      MEDICAL CLINIC • 15,333 SF
      11605 Studt Ave Ste, Saint Louis, MO 63141-7052
      View Details
    • Value Estimation
      $505,000
      8,349 SF

      11630 Studt Ave

      MEDICAL CLINIC • 8,349 SF
      11630 Studt Ave, Saint Louis, MO 63141-7392
      View Details

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    Similar Nearby for Lease

    • $25 SF/Yr
      11,355 SF

      Creve Coeur Executive Office Space

      Class A Office, 11,355 SF Available
      844 New Ballas Ct, Creve Coeur, MO 63141
      View Details
    • $9 SF/Yr
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      Creve Coeur Office Space for Lease

      Flexible Office Solutions in St. Louis County
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      View Details
    • $29 SF/Yr
      82,000 SF

      CityPlace Medical Office Suites

      Class A Medical Office Space in Creve Coeur, MO
      845 New Ballas Ct, Creve Coeur, MO 63141
      View Details
    • Contact for pricing
      60,452 SF

      Brentwood Plaza Medical Office Space

      St. Louis County medical office suites available.
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      View Details
    • $23 SF/Yr
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      Creve Coeur Medical Office Building

      Prime Medical Office Space Available
      456 New Ballas Rd, Creve Coeur, MO 63141
      View Details
    • $21 SF/Yr
      28,652 SF

      St. Louis Medical Office Space

      Prime Creve Coeur location, efficient layout.
      443 New Ballas Rd St, St. Louis, MO 63141
      View Details
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    Creve Coeur, MO 63141
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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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