714 Gravois RdFenton, MO 63026

Property Details for 714 Gravois Rd

Year built

2003

Construction

FRAME

Lot size

1.92 AC

Property size (Sq ft)

29,432 SF

Zone code

21C-1

Property type

Medical offices

Property subtype

Medical centers

APN

29O-6-3-018-1

APU

29O630181

Description

This exceptional Class B medical office building in St. Louis County offers a single-tenant occupancy opportunity totaling 29,432 square feet, with 8,245 square feet currently available for lease. Built in 2003, the property boasts a prominent and convenient location at the entrance to Gravois Bluffs, ensuring high visibility and easy accessibility for patients and staff. The building is fully built-out and ready for immediate occupancy, eliminating the need for extensive renovations or build-out costs. Ample surface parking is provided, with a generous ratio of four spaces per 1,000 square feet, ensuring convenient parking for both patients and staff. Its strategic location offers significant advantages, situated just five miles from Mercy Hospital South and two miles from SSM St. Clare, making it an ideal location for medical practices seeking proximity to major healthcare facilities. The available space ranges from 2,500 to 8,245 square feet, providing flexibility to accommodate various practice sizes and needs. This presents a rare opportunity to secure a well-located, fully functional medical office space in a thriving area of St. Louis County. The property's convenient location, ample parking, and proximity to major hospitals make it an attractive option for medical professionals seeking to establish or expand their practice. Interested parties are encouraged to inquire for further details and leasing information.

• CAP approach

  CAP return

  Valuation

  6%

  $6,727,530

  6.5%

  $6,210,028

  7%

  $5,766,454

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,294,519

  Geo Method

  $2,294,519

• Alternative Use

  Use

  Valuation

  Residential

  $7,700,434

  Hospitality

  $7,053,556

  Educational

  $5,868,476

  Medical

  $6,070,302

  Retail

  $9,128,740

Location Insight

City

Fenton

County

St. Louis

State

Missouri

Latitude

38.5112

Longitude

-90.4458

CBSA code

41180

CBSA name

ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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