Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,230,000
Medical Office Space
10345 Watson Rd Saint Louis, MO 63127-1105
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US48-0505092
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1969
Construction
FRAME
Total area
9,148 SF
Lot
0.67 ac (28,998 SF)
Zoning code
E
APN
25M-2-3-210-1
UPID
US48-0505092
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
by Request
CAP Approach
CAP
$1.63M
Comparable Approach
Comparable
$916k
Blend (final)
Blend
$1.23M
Owner & transaction history
Probst Prof Building LLC · 13 yrs held
Probst Prof Building LLC
since 2012
7 recorded transactions
Zoning & alternative use
E · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.7M
+18.1%
Retail stores
$1.4M
+1.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,760,000
6.5%
$1,625,000
7%
$1,505,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,410,000
Current use
COMMERCIAL (GENERAL)
$1,665,000
Change: +18% · Conversion: Easy
RETAIL STORES
$1,430,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$1,365,000
Change: -3% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,140,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.23M
Range $1.11M – $1.35M · ±10%
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
$134 / 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
$41,255
Tax year 2023
Assessed value
$445,280
Assessed 2023
Previous assessed
$317,180
+40.4% YoY
Effective rate
9.26%
On assessed value
Assessed land
$111,360
Assessed improvement
$333,920
Land market value
$348,000
Improvement market value
$1,043,500
Total market value
$1,391,500
Applied tax rate
138.0000
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
1969
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
11
Total area
9,148 SF
Lot
0.67 ac (28,998 SF)
Zoning code
E
APN
25M-2-3-210-1
UPID
US48-0505092
Jurisdiction
ST LOUIS
Zoning & alternative use
E · Saint Louis, MO
Zoning E · permitted uses
E · 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
MEDICAL BUILDING Current
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.7M
RETAIL STORES
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
1969
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
11
Lot
0.67 ac
Current owner
From public records · entity-resolved
Probst Prof Building LLC
Entity
Mailing address
19 COUNTRY LIFE ACRES, SAINT LOUIS, MO 63131-1403
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2023
—
Probst Professional Building LLC
—
Deed
related
$500,000 · First Bank
Mar 5, 2020
—
Robst Professional Building LLC
—
Deed
related
$200,000 · First Bank
Oct 17, 2012
—
Probst Prof Building LLC
Probst,james R & Lori A
Quit Claim Deed
—
Aug 31, 1998
—
James R Probst
Probst Trust
Quit Claim Deed
related
$800,000 · Eagle Bank & Trust Jefferson C
—
—
Probst Prof Building LLC
—
Deed Of Trust
related
$405,466 · First Bk
—
—
Probst Prof Building LLC
—
Deed Of Trust
related
$200,000 · Eagle Bk&tr/mo
—
—
James R Probst
—
Deed Of Trust
related
$754,000 · Kenneth J
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 10345 Watson Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
