16216 Baxter RdChesterfield, MO 63017

  • Office buildings
  • 59,958 SF
For Lease
$23/SF/YR View listing

Property Details for 16216 Baxter Rd

Year built
1990
Lot size
5.77 AC
Property size (Sq ft)
59,958 SF
Zone code
105C8
Property type
Office buildings
APN
19S-1-3-010-3
APU
19S130103

Description

This exceptional Class A office building, located at 16216 Baxter Rd in Chesterfield, Missouri, 63017, offers 59,542 square feet of space across three stories. Built in 1985 and renovated in 2007, the single building features 22 suites in a traditional office style, currently with 4,101 square feet vacant. The property sits on a 5.77-acre lot and boasts abundant natural light thanks to its design with extensive glass lines and corner suites. Its prime location at the intersection of Clarkson and Baxter Roads provides easy access to I-64/Highway 40, minimizing commute times. The building's convenient proximity to banks, restaurants, and shopping centers adds to its appeal. High-speed internet access is readily available, with Charter, Charter fiber, and AT&T fiber options. This is an excellent opportunity for businesses seeking a well-maintained, strategically located office space in a thriving Chesterfield community. One suite of 971 square feet is currently available for lease.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,159,794
    6.5%
    $13,070,579
    7%
    $12,136,967
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,674,326
    Geo Method
    $4,674,326
  • Alternative Use

    Use
    Valuation
    Residential
    $16,207,519
    Hospitality
    $14,846,000
    Educational
    $12,351,698
    Medical
    $12,776,491
    Retail
    $19,213,752

Location Insight

City
Chesterfield
County
St. Louis
State
Missouri
Latitude
38.6407
Longitude
-90.57
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
$154,896
$823,840
$709,090
$1,532,930
-
$2,574,500
$2,215,900
$4,790,400

FAQs

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