12655 Olive BlvdCreve Coeur, MO 63141

  • Office buildings
  • 71,170 SF
For Lease
$25.50/SF/YR View listing

Property Details for 12655 Olive Blvd

Year built
2000
Lot size
3.94 AC
Property size (Sq ft)
71,170 SF
Zone code
82CB
Property type
Office buildings
APN
16P-3-2-075-3
APU
16P320753

Description

West Park I offers exceptional Class A office space for lease in a prime location. This multi-tenant building boasts a total of 98,588 square feet, with flexible suite sizes ranging from a minimum of 1,285 square feet to a maximum contiguous space of 16,958 square feet. Currently, 24,058 square feet is available. The property features convenient on-site amenities including a conference room and a micromart, enhancing tenant convenience and productivity. Tenants also enjoy access to a wider array of amenities at the nearby West Park II building, such as extensive conference facilities (including a 50+ person training room and executive boardroom), a fitness center, and a tenant lounge. Exterior signage opportunities are available for increased brand visibility. Ample parking is provided with a 4 per 1,000 square foot ratio, including covered executive parking options. Strategically located on Olive Boulevard, West Park I offers unparalleled accessibility to major thoroughfares like Highway 141 and Interstate 270, simplifying commutes for employees and clients. The building's location also places it within close proximity to a variety of restaurants, grocery stores, banks, and country clubs, providing employees with a wealth of nearby conveniences.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $19,040,926
    6.5%
    $17,576,240
    7%
    $16,320,794
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,548,413
    Geo Method
    $5,548,413
  • Alternative Use

    Use
    Valuation
    Residential
    $21,794,538
    Hospitality
    $19,963,680
    Educational
    $16,609,547
    Medical
    $17,180,774
    Retail
    $25,837,072
12655 Olive Blvd, Creve Coeur, Missouri

Location Insight

City
Saint Louis
County
St. Louis
State
Missouri
Latitude
38.6782
Longitude
-90.4674
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
$314,346
$823,810
$2,180,380
$3,004,190
-
$2,574,400
$6,813,700
$9,388,100

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