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    Wood Brothers Realty

    6500 Chippewa St, Saint Louis, MO 63109
    (314) 353-8888
    Web Site
    Size: 10+ agents

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    Property Types

    • Commercial Lease
    • Land
    • Commercial Sale
    • Farm
    • Residential Multi Family

    Listings

    For Sale (9)

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    Iconic Tavern with Income Apartment
    $374,900
    3,511 SF

    Iconic Tavern with Income Apartment

    Profitable neighborhood bar with apartment and real estate for sale.

    6023 Virginia Ave St, Louis, MO 63111
    View details
    St. Louis Retail Strip Center
    $275,000
    3,600 SF

    St. Louis Retail Strip Center

    High-traffic location with diverse tenant mix and income potential.

    5023 Goodfellow Blvd St, Louis, MO 63136
    View details
    Vacant Lot in St. Louis
    Contact for pricing

    Vacant Lot in St. Louis

    Residential lot in established St. Louis neighborhood, close to amenities.

    5089 Raymond Ave St, Louis, MO 63113
    View details
    Downtown St. Louis Live-Work Treasure
    $800,000
    10,691 SF

    Downtown St. Louis Live-Work Treasure

    Unique 5-story mid-rise perfect for live-work in downtown St. Louis.

    1112 Olive St St, Louis, MO 63101
    View details
    St Louis Multi-Family Investment
    $129,000
    3,724 SF

    St Louis Multi-Family Investment

    Semi-renovated triplex in sought-after St Louis neighborhood.

    4153 E Lexington Ave St, Louis, MO 63115
    View details
    Residential Development Opportunity in Fenton
    $5,483,000
    7.35 Acres

    Residential Development Opportunity in Fenton

    7.53-acre parcel for luxury residential development in high-demand location.

    000 Gravois Smt, Fenton, MO 63026
    View details
    Residential Development Land Opportunity
    $5,483,000
    7.35 Acres

    Residential Development Land Opportunity

    7.53-acre parcel ideal for luxury residential development.

    000 Gravois Smt, Fenton, MO 63026
    View details
    Riverfront Land in Winfield, MO
    $100,000
    0.33 Acres

    Riverfront Land in Winfield, MO

    Private riverfront property perfect for off-grid escape and recreation.

    800 Pillsbury Rd, Winfield, MO 63389
    View details
    Retail Strip Center For Sale
    Contact for pricing
    3,600 SF

    Retail Strip Center For Sale

    Strip center with three units at a high-traffic intersection.

    5023 Goodfellow Blvd St, Louis, MO
    View details

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    Wood Brothers Realty
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Wood Brothers Realty
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