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Property profile & analytics
OFF-MARKET
Estimated value
$4,435,000
Medical Office Space
1040 Mason Rd, Saint Louis, MO 63141-6399
Entity Owned
26-yr Hold
Free & Clear
Property ID
US48-0151986
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1974
Total area
46,577 SF
Lot
6.5 ac (283,140 SF)
Zoning code
R2
APN
16P-3-2-072-6
UPID
US48-0151986
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
Current use
Occupant on record · Public records
-
Lawrence Tychsen, MD Ophthalmologist
-
Gregg T. Lueder, MD Ophthalmologist
-
Sclaroff Allen DDS Dental Office
-
Washington University Physical Medical Clinic
-
Asthma & Allergy Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.70M
Blend (final)
Blend
$4.44M
Owner & transaction history
Barnes-jewish West County Hosp · 26 yrs held
Barnes-jewish West County Hosp
since 1999
1 recorded transaction
Zoning & alternative use
R2 · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$7.3M
+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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$7,175,000
Current use
RETAIL STORES
$7,280,000
Change: +1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,810,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$4.44M
Range $3.99M – $4.88M · ±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
$95 / 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
$132,310
Tax year 2023
Assessed value
$2,341,630
Assessed 2023
Previous assessed
$1,950,820
+20.0% YoY
Effective rate
5.65%
On assessed value
Assessed land
$1,254,530
Assessed improvement
$1,087,100
Land market value
$3,920,400
Improvement market value
$3,397,200
Total market value
$7,317,600
Applied tax rate
108.0000
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
1974
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Total area
46,577 SF
Lot
6.5 ac (283,140 SF)
Zoning code
R2
APN
16P-3-2-072-6
UPID
US48-0151986
Jurisdiction
ST LOUIS
Zoning & alternative use
R2 · Saint Louis, MO
Zoning R2 · permitted uses
R2 · 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
$7.2M
RETAIL STORES
Est. value
$7.3M
AUTO REPAIR, GARAGE
Est. value
$5.8M
MEDICAL BUILDING Current
RETAIL STORES
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
1974
Heating
FORCED AIR
Cooling
Yes
Stories
3
Lot
6.5 ac
Current owner
From public records · entity-resolved
Barnes-jewish West County Hosp
Entity
Free & Clear · 26 yrs held
Mailing address
12634 OLIVE BLVD, SAINT LOUIS, MO 63141-6337
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 1999
—
Barnes-jewish West County Hosp
Motab Holdings Co
Grant Deed
related
—
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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