Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9628 Midland Blvd Ste, Unit 1 Saint Louis, MO 63114-3353

    • Medical Office Space
    • 4,878 SF
    • 0.50 lot acres
    OFF-MARKET
    Last Sale
    Oct 29, 2021
    $235,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-0716611
    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

    • Medical Office Space

    Property Details for 9628 Midland Blvd Ste

    Year built
    1970
    Lot size
    0.50 lot acres
    Property size
    4,878 SF
    Zone code
    43C-1
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    14L-2-4-022-2
    APU
    14L240222

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.3692
    Latitude
    38.7076
    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
    $9,485
    $31,260
    $53,440
    $84,700
    -
    $97,700
    $167,000
    $264,700

    Comparable in this City

    • Value Estimation by Request
      3,472 SF

      9553 Lackland Rd

      MEDICAL CLINIC • 3,472 SF
      9553 Lackland Rd, Saint Louis, MO 63114-3622
      View Details
    • Value Estimation by Request
      891 SF

      8021 Saint Charles Rock Rd

      MEDICAL CLINIC • 891 SF
      8021 Saint Charles Rock Rd, Saint Louis, MO 63114-5363
      View Details
    • Value Estimation
      $1,000,000
      22,077 SF

      1 Brady Cir

      MEDICAL CLINIC • 22,077 SF
      1 Brady Cir, Saint Louis, MO 63114-1110
      View Details
    • Value Estimation by Request
      1,800 SF

      9648 Midland Blvd

      MEDICAL CLINIC • 1,800 SF
      9648 Midland Blvd, Saint Louis, MO 63114-3334
      View Details
    • Value Estimation by Request
      4,320 SF

      9440 Midland Blvd

      MEDICAL CLINIC • 4,320 SF
      9440 Midland Blvd, Saint Louis, MO 63114-3362
      View Details
    • Value Estimation by Request
      12,764 SF

      8961 Page Ave, Unit B

      MEDICAL CLINIC • 12,764 SF
      8961 Page Ave, Saint Louis, MO 63114-6104
      View Details

    Similar Nearby for Sale

    • $8,950,000
      Pending

      Flex Office Warehouse Building For Sale

      135,000 SF flex building in Overland, MO with I-170 frontage.
      2001 Walton Rd St, Louis, MO 63114
      View Details
    • Contact for pricing
      28,267 SF

      Office/Flex Building in Hanley Submarket

      28,267 SF office/flex building with full office buildout for sale.
      2545 S Hanley Rd, Saint Louis, MO 63114
      View Details
    • $2,450,000
      27,946 SF

      St. John Multifamily Investment Opportunity

      Well-maintained 24-unit multifamily property in St. John, Missouri.
      9310 Shirley Gardens Dr, Saint Louis, MO 63114
      View Details
    • Contact for pricing
      0.32 Acres

      Residential Lots Investment Opportunity

      Four residential lots for sale in St. Louis, Missouri.
      3005 Ashby Rd St, Louis, MO 63114
      View Details
    • New
      $295,000
      Pending

      Overland Warehouse For Sale

      8,840 SF warehouse in central St. Louis County.
      10041 Lackland Rd, Overland, MO 63114
      View Details
    • $39,900
      0.26 Acres

      Prime Land Development Opportunity

      Vacant lot for duplex or villas in desirable St Louis area.
      2454 Prouhet Ave St, Louis, MO 63114
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      14,067 SF

      Innerbelt Business Center Suites

      Overland, MO Office & Warehouse Space
      1908 Innerbelt Business Ctr Dr, Overland, MO 63114
      View Details
    • $8 SF/Yr
      117,623 SF

      I-170 Center: Prime Office Space

      Central County Flex Office, 29,850 SF Available
      1901-1939 Belt Way Dr, Overland, MO 63114
      View Details
    • $10 SF/Yr
      4,823 SF

      Class A Office/Flex Space

      Office/flex building with contiguous space and highway visibility available for lease.
      1501 Woodson Rd St, Louis, MO 63114
      View Details
    • Contact for pricing
      18,442 SF

      Retail Space Near I-170

      Retail space with high visibility and pylon signage available 2026.
      8907 Page Ave, Saint Louis, MO 63114
      View Details
    • $10 SF/Yr
      5,400 SF

      5,400 SF Flex Space Available

      Flex space with overhead doors and separate entrance for lease.
      9197 Saint Charles Rock Rd, Saint Louis, MO 63114
      View Details
    • $12 SF/Yr
      3,000 SF

      Retail Space in Overland

      2000 SF retail space with basement storage and parking.
      9118-20 Lackland Rd St, Louis, MO 63114
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9628 Midland Blvd Ste, Unit 1
    Saint Louis, MO 63114-3353
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!