2458 Old Dorsett RdMaryland Heights, MO 63043

  • Office buildings
  • 63,954 SF
For Lease
$19/SF/YR View listing

Property Details for 2458 Old Dorsett Rd

Year built
2000
Lot size
3.03 AC
Property size (Sq ft)
63,954 SF
Zone code
104M-1
Property type
Office buildings
APN
14O-6-3-033-0
APU
14O630330

Description

This exceptional Class A office building, located at the I-270/Dorsett exchange, offers 62,564 square feet of space in a beautiful three-story brick structure. The property sits on 3.03 acres and provides convenient access to major highways including I-270, I-70, I-364, and I-64/40, ensuring excellent visibility and accessibility. Currently, there are 11 available office suites ranging from 1,391 to 10,515 square feet, with a total of 26,584 square feet currently vacant. The building boasts elegant finishes, glass suite entries, and a tenant breakroom complete with vending machines. Security features include carded building access. Ample free parking and prominent monument signage are available for tenant use. High-speed internet access is provided through available Charter fiber and T1 service. The strategic location offers unparalleled convenience, with over 40 restaurants, a post office, UPS store, drugstores, gas stations, and grocery stores all within a one-mile radius. Nearby Westport/Maryland Heights amenities include diverse dining, shopping, banking, entertainment, and hotel options, providing significant benefits for tenants and their clients.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $17,110,348
    6.5%
    $15,794,167
    7%
    $14,666,012
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,985,854
    Geo Method
    $4,985,854
  • Alternative Use

    Use
    Valuation
    Residential
    $19,584,766
    Hospitality
    $17,939,540
    Educational
    $14,925,487
    Medical
    $15,438,798
    Retail
    $23,217,424

Location Insight

City
Maryland Heights
County
St. Louis
State
Missouri
Latitude
38.7171
Longitude
-90.445
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
$155,549
$337,890
$1,102,110
$1,440,000
-
$1,055,900
$3,444,100
$4,500,000

FAQs

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