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Property profile & analytics
OFF-MARKET
Estimated value
$1,435,000
Strip malls
10204 Manchester Rd, Saint Louis, MO 63122-1519
Entity Owned
3-yr Hold
Free & Clear
Property ID
US48-0226856
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1962
Total area
14,220 SF
Lot
0.76 ac (33,106 SF)
Zoning code
32B3
APN
22M-3-3-129-4
UPID
US48-0226856
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.58M
CAP Approach
CAP
$940k
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$1.44M
Owner & transaction history
10204 Manchester Road LLC · 3 yrs held
10204 Manchester Road LLC
since 2023
Last sale
$1.4M
5 recorded transactions
Zoning & alternative use
32B3 · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.2M
+50.7%
Office building
$2.1M
+46.1%
Auto repair, garage
$1.8M
+22.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Saint Louis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Louis submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,620,000
ML approach
$1,580,000
CAP Approach
CAP Return
Estimation
6%
$1,020,000
6.5%
$940,000
7%
$875,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,455,000
Current use
MEDICAL BUILDING
$2,190,000
Change: +51% · Conversion: Difficult
OFFICE BUILDING
$2,125,000
Change: +46% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,775,000
Change: +22% · Conversion: Difficult
Blend value · Realmo final
$1.44M
Range $1.29M – $1.58M · ±10% · vs last sale $1.39M (Feb 6 2023)
Last sale anchor
$1.39M
Feb 6 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$101 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$45,505
Tax year 2023
Assessed value
$459,460
Assessed 2023
Previous assessed
$416,000
+10.4% YoY
Effective rate
9.90%
On assessed value
Assessed land
$127,140
Assessed improvement
$332,320
Land market value
$397,300
Improvement market value
$1,038,500
Total market value
$1,435,800
Applied tax rate
116.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1962
Heating
NONE
Stories
1
Rooms
11
Total area
14,220 SF
Lot
0.76 ac (33,106 SF)
Zoning code
32B3
APN
22M-3-3-129-4
UPID
US48-0226856
Jurisdiction
ST LOUIS
Zoning & alternative use
32B3 · Saint Louis, MO
Zoning 32B3 · permitted uses
32B3 · Saint Louis, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint Louis. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$2.2M
OFFICE BUILDING
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1962
Heating
NONE
Stories
1
Rooms
11
Lot
0.76 ac
Current owner
From public records · entity-resolved
10204 Manchester Road LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2490 SKOKIE VLY RD, HIGHLAND PARK, IL 60035-1737
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2023
$1,385,000
10204 Manchester Road LLC
Manchester LLC
Special Warranty Deed
—
Sep 16, 2008
—
Manchester LLC
—
Trustees Deed
related
$325,000 · Jefferson Bank
May 20, 2002
—
Manchester LLC
Yun,jin S & Eun J
Grant Deed
$807,875 · Jefferson Bank & Trust Co
Jan 13, 1999
—
Jin S Yun
Follman/levy Manchester Ventur
Grant Deed
$825,000 · Jefferson Bank & Trust Co
—
—
Manchester LLC
—
Loan Modification
related
$668,017 · Jefferson Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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