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

    9666 Olive Blvd Saint Louis, MO 63132-3013

    • Office buildings
    • 157,859 SF
    • 1.84 lot acres
    OFF-MARKET
    Value Estimations
    $12,925,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-0219288
    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

    • Thorson Therapy / Foster Care Service / Social Service Agency
    • Midwest Insurance Consultants, LLC / Insurance Agency
    • Christopher Tiger American Family Insurance / Insurance Agency
    • Uplift and Inspire Counseling Services, LLC / Crisis Center / Medical Clinic
    • Gregory Brough / Law Firm

    Property Details for 9666 Olive Blvd

    Year built
    2000
    Lot size
    1.84 lot acres
    Property size
    157,859 SF
    Zone code
    42COR
    Property type
    Office buildings
    APN
    17M-6-4-003-7
    APU
    17M640037

    Description

    This exceptional sublease opportunity presents a move-in ready, modern office space within the prestigious Olive Corporate Center, located at 9666 Olive Blvd, Olivette, MO 63132. The space offers flexible configurations ranging from 2,940 to 8,246 square feet, ideal for businesses seeking a traditional, executive, or creative office environment. Situated on an 80,150 square foot lot, the single-tenant building boasts 293,037 total square feet across seven stories, with convenient elevator access. Built in 1972 and extensively renovated in 2020, the building features modernized common areas and attractive amenities including a breakroom, conference room, and complimentary covered garage parking. The property's prime location offers easy access to major highways, diverse dining options, shopping, and entertainment venues, surrounded by thriving commercial activity and new developments. The zoning is 42cor-42cor, and the APN is 17M-64-0037. Currently, 5,306 square feet of space is immediately available for sublease. This is a fantastic opportunity to establish a presence in a vibrant and convenient St. Louis location. The building's recent renovations ensure a contemporary and efficient workspace.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $14,652,000
      Market price range: $14.7M - $37.3M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $19,685,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.389
    Latitude
    38.6727
    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
    $230,180
    $431,550
    $2,033,410
    $2,464,960
    -
    $1,348,600
    $6,354,400
    $7,703,000

    Comparable in this City

    • Value Estimation
      $785,000
      8,770 SF

      10679 Midwest Industrial Blvd

      OFFICE BUILDING • 8,770 SF
      10679 Midwest Industrial Blvd, Saint Louis, MO 63132-1220
      View Details
    • Value Estimation
      $620,000
      6,008 SF

      10114 Woodfield Ln

      OFFICE BUILDING • 6,008 SF
      10114 Woodfield Ln, Saint Louis, MO 63132-2950
      View Details
    • Value Estimation
      $16,390,000
      201,096 SF

      9321 Olive Blvd

      OFFICE BUILDING • 201,096 SF
      9321 Olive Blvd, Saint Louis, MO 63132-3211
      View Details
    • Value Estimation
      $1,845,000
      13,096 SF

      9338 Olive Blvd

      OFFICE BUILDING • 13,096 SF
      9338 Olive Blvd, Saint Louis, MO 63132-3273
      View Details
    • Value Estimation
      $1,405,000
      15,232 SF

      10151 Corporate Sq Dr

      OFFICE BUILDING • 15,232 SF
      10151 Corporate Sq Dr, Saint Louis, MO 63132-2948
      View Details
    • Value Estimation
      $7,080,000
      71,721 SF

      1015 Corporate Sq Dr

      OFFICE BUILDING • 71,721 SF
      1015 Corporate Sq Dr, Saint Louis, MO 63132-2926
      View Details

    Similar Nearby for Sale

    • $300,000

      Two-Story Office Building For Sale

      6,000 SF office building on 0.41 acre near I-170.
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    • $2,500,000
      10,000 SF

      10,000 SF Office/Bank Building

      Office/Bank building on Olive Blvd with long-term tenant.
      12452 Olive Blvd, Saint Louis, MO 63132
      View Details
    • Contact for pricing
      15,624 SF

      Executive Office Suite, St. Louis

      Prime St. Louis office space for lease or sale.
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    • $550,000
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      Overland Commercial Center on Page

      Versatile four-unit commercial center with high visibility.
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    • Contact for pricing
      52,000 SF

      Air-Conditioned Office/Warehouse Space Available

      Office/warehouse space for sale in Hazelwood submarket.
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    • $6,500,000
      8,000 SF

      Corporate Square Office Park For Sale

      St. Louis Executive Office Building, Abundant Parking
      1015 Corporate Sq Dr St, St. Louis, MO 63132
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    Similar Nearby for Lease

    • Contact for pricing
      199,990 SF

      Corporate Square Office Park: St. Louis

      Executive Suites, St. Louis County, MO
      0 Corporate Sq Office Park St, St. Louis, MO 63132
      View Details
    • $9 SF/Yr
      12,020 SF

      Warson Commerce Center: Retail/Office Space

      St. Louis City retail & office opportunity.
      10401-10407 Baur Blvd, Olivette, MO 63132
      View Details
    • $1,050 /Mo
      700 SF

      Commercial Space on Page Avenue

      700 SF commercial space ideal for office or retail.
      9558 Page Avenue Ext, Saint Louis, MO 63132
      View Details
    • $16 SF/Yr
      30,000 SF

      St. Louis Office/Warehouse Space

      Prime St. Louis County industrial property.
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      View Details
    • $19 SF/Yr
      67,771 SF

      1015 Corporate Sq Dr St

      Office Properties & Spaces • 67,771 SF
      1015 Corporate Sq Dr St, St. Louis, MO 63132
      View Details
    • $18 SF/Yr
      13,381 SF

      Executive Suites St. Louis MO

      Class B Office Space Available Now
      10151 Corporate Sq Dr St, St. Louis, MO 63132
      View Details
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    Saint Louis, MO 63132-3013
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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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