Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,165,000
Industrial properties
10600 Kahlmeyer Dr Saint Louis, MO 63132-1620
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US48-3224853
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1980
Construction
FRAME
Total area
18,750 SF
Lot
2.07 ac (90,169 SF)
Zoning code
M1
APN
16M-5-4-040-2
UPID
US48-3224853
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
$1.15M
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$1.17M
Owner & transaction history
Phoenix Real Estate LLC · 2 yrs held
Phoenix Real Estate LLC
since 2024
6 recorded transactions
Zoning & alternative use
M1 · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.9M
+50.6%
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%
$1,240,000
6.5%
$1,145,000
7%
$1,060,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,275,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,915,000
Change: +51% · Conversion: Difficult
Blend value · Realmo final
$1.17M
Range $1.05M – $1.28M · ±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
$62 / 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
$51,693
Tax year 2023
Assessed value
$488,320
Assessed 2023
Previous assessed
$361,280
+35.2% YoY
Effective rate
10.59%
On assessed value
Assessed land
$129,860
Assessed improvement
$358,460
Land market value
$405,800
Improvement market value
$1,120,200
Total market value
$1,526,000
Applied tax rate
126.0000
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
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
Off-Market
Year built
1980
Construction
FRAME
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
11
Total area
18,750 SF
Lot
2.07 ac (90,169 SF)
Zoning code
M1
APN
16M-5-4-040-2
UPID
US48-3224853
Jurisdiction
ST LOUIS
Zoning & alternative use
M1 · Saint Louis, MO
Zoning M1 · permitted uses
M1 · 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
INDUSTRIAL (GENERAL) Current
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.9M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
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
1980
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Rooms
11
Lot
2.07 ac
Current owner
From public records · entity-resolved
Phoenix Real Estate LLC
Entity
Mailing address
8466 NATURAL BRG RD, SAINT LOUIS, MO 63121-4550
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2024
$3,000
Phoenix Real Estate LLC
Warson Road Dev Co & Dissolution Co
Correction Deed
related
—
May 10, 2024
$3,000
Phoenix Real Estate LLC
Warson Road Development Co
Public Action
related
—
Sep 27, 2016
—
Warson Road Dev & Dissolution
Warson Road Dev Co
Quit Claim Deed
related
—
—
—
Warson Road Dev Co
—
Deed Of Trust
related
$750,000 · Southwest Bank Of St Louis
—
—
Warson Road Dev Co
—
Deed Of Trust
related
$500,000 · Reliance Bank
—
—
Road Development Warson
—
Deed Of Trust
related
$360,000 · Missouri State Bank & Trust Co
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 10600 Kahlmeyer Dr?
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.
