NewGround Building - office in Chesterfield, MO
Office

NewGround Building

15450 s outer forty rd chesterfield, mo, 63017, chesterfield, MO 63017

Price

Price on request

Description

Ample surface parking with a 4/1,000 SF ratio Conveniently located in Chesterfield with excellent highway access to I-64/US-40 and near hundreds of the area’s top retail destinations, St. Louis’ only Top Golf location, two concert venues, and a robust business community

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

15450 s outer forty rd chesterfield, mo, 63017, chesterfield, MO 63017

Marker
Leaflet © OpenStreetMap contributors

Market Context

As of Q1 2026, the St. Louis office market showed average asking rents near $21.40/SF/yr, and cap rates around 9.2%. Source: curated:newmark Q1 2026 market report.

Projected current pricing

low confidence
Projected asking rent
$21.40/SF/yr
Estimated sale value
$107–$139/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 CBRE data (cap rate 9.2%, asking rent held flat).

View the full St. Louis Office market report →

Compare it against other office listings for sale in Chesterfield, MO to benchmark pricing and space — view the full market.

Office market FAQ

What is the typical cap rate for office in St. Louis?
About 9.2% as of Q1 2026, per curated:newmark.

Unified Estimate

Medium Confidence
$18.60/SF-$25.16/SF
Mid: $21.88/SF

Rate estimator only; cost-of-business estimate unavailable.

Sale Price History

Market report quarterly trend fallback

Low Confidence
  • Avg Rent ($/SF/yr) (market data)
Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26$0$6$12$18$24
Market asking rent (quarterly avg)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Financing Assumptions

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.

Market Employment Trend

YoY Growth:+0.1%
Avg Weekly Wage:$1,352

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population6,191,814
Median Income$71k↓ 5%
College Educated29.0%↓ 4.4pp
Median Age39.0 yrs
Median Home Value$230k
Unemployment4.0%

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Assumptions
  • Interest rate: 6.47% (FRED live)
  • Loan term: 25 years
  • Down payment: 25.0%
  • Market comparison: office in chesterfield, MO

More Office for Sale in Chesterfield, MO(5)

Contact Broker

Listed by

JLL