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    The Largest CRE Database in the US with Over 1 Million Listings

    Peter Lu, Saint Louis, MO

    License ID: 2006036727
    Years of Experience
    17
    Languages
    Chinese
    Association
    St Louis Association Of Realtors

    Service Locations

    Contact details

    Phone:
    (314) 662-6578
    Office Address:
    752 Bagnell Dam Blvd Ste A, Lake Ozark, MO

    Property Types

    • Commercial Lease
    • Commercial Sale
    • Residential Multi Family

    Performance

    Listings
    9
    Price range
    $30k - 639.9k
    Average price
    $335k

    Listings

    For Sale (8)

    View map
    • $1,650,000
      29,837 SF

      Botanical Heights Office Building

      Large office building in Botanical Heights with gated parking.
      1470 S Vandeventer Ave St, Louis, MO 63110
      View Details
    • $45,000
      1,928 SF

      St. Louis Duplex Investment Opportunity

      Duplex in St. Louis City with cosmetic updates, great investment.
      5049 Saint Louis Ave St, Louis, MO 63115
      View Details
    • $40,000
      2,352 SF

      St Louis Multifamily Investment Opportunity

      Multifamily property in North St. Louis City, ideal for investors.
      3922 Natural Brg Ave St, Louis, MO 63107
      View Details
    • Contact for pricing
      0.08 Acres

      St Louis Land Investment Opportunity

      Land with potential for experienced investor or rehabber.
      4414 Elmbank Ave St, Louis, MO 63115
      View Details
    • $274,900
      2,280 SF

      St Louis Income Property

      Residential income property for sale in St Louis, Missouri.
      4849 Hamburg Ave St, Louis, MO 63123
      View Details
    • $37,500
      0.27 Acres

      Residential Lot in Gated Community

      Flat lot with access to lakes, pool, and clubhouse.
      562 Village Dr, Foristell, MO 63348
      View Details
    • $155,500
      2,944 SF

      St Louis Multifamily Investment Opportunity

      Two-unit property near downtown St Louis with upside potential.
      2116 E John Ave St, Louis, MO 63107
      View Details
    • Contact for pricing
      Pending

      St Louis Investor Opportunity

      Residential income property in St Louis, being sold as-is.
      4550 Adelaide Ave St, Louis, MO 63115
      View Details

    For Lease (1)

    View map
    • $11,790 /Mo
      42,689 SF

      Chesterfield Office and Warehouse Space

      Office and warehouse space with dock loading and highway access.
      617 Cepi Dr, Chesterfield, MO 63005
      View Details

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    Peter Lu, Saint Louis, MO
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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.

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