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Property profile & analytics
OFF-MARKET
Estimated value
$4,620,000
Strip malls
10940 New Halls Fry Rd, Saint Louis, MO 63136-4435
Entity Owned
Free & Clear
Property ID
US48-0730024
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1966
Construction
METAL FRAME
Total area
20,725 SF
Lot
5.86 ac (255,262 SF)
Zoning code
22C-1
APN
10G-5-4-019-1
UPID
US48-0730024
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
$5.86M
CAP Approach
CAP
$3.23M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.62M
Owner & transaction history
Hair Galleria St Louis LLC
Hair Galleria St Louis LLC
since 2025
Last sale
$4.3M
4 recorded transactions
Zoning & alternative use
22C-1 · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.7M
+171.0%
Commercial (general)
$3.8M
+78.0%
Medical building
$3.2M
+50.7%
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
$5,480,000
ML approach
$5,860,000
CAP Approach
CAP Return
Estimation
6%
$3,490,000
6.5%
$3,225,000
7%
$2,995,000
Alternative Use
Use
Estimation
RESTAURANT
$5,740,000
Change: +171% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,770,000
Change: +78% · Conversion: Easy
MEDICAL BUILDING
$3,195,000
Change: +51% · Conversion: Difficult
OFFICE BUILDING
$3,095,000
Change: +46% · Conversion: Moderate
Blend value · Realmo final
$4.62M
Range $4.16M – $5.08M · ±10% · vs last sale $4.27M (Apr 22 2020)
Last sale anchor
$4.27M
Apr 22 2020
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
$223 / 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
$66,778
Tax year 2023
Assessed value
$582,010
Assessed 2023
Previous assessed
$582,010
+0.0% YoY
Effective rate
11.47%
On assessed value
Assessed land
$477,150
Assessed improvement
$104,860
Land market value
$1,491,100
Improvement market value
$327,700
Total market value
$1,818,800
Applied tax rate
139.0000
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
1966
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
20,725 SF
Lot
5.86 ac (255,262 SF)
Zoning code
22C-1
APN
10G-5-4-019-1
UPID
US48-0730024
Jurisdiction
ST LOUIS
Zoning & alternative use
22C-1 · Saint Louis, MO
Zoning 22C-1 · permitted uses
22C-1 · 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
RESTAURANT
Est. value
$5.7M
COMMERCIAL (GENERAL)
Est. value
$3.8M
MEDICAL BUILDING
Est. value
$3.2M
OFFICE BUILDING
Est. value
$3.1M
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
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
1966
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
5.86 ac
Current owner
From public records · entity-resolved
Hair Galleria St Louis LLC
Entity
Free & Clear · 0 yrs held
Mailing address
200 S BISCAYNE BLVD, MIAMI, FL 33131-2310
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2025
—
Hair Galleria St Louis LLC
Rss Msbam2016 C29 Mo Csci LLC
Deed
—
Apr 22, 2020
$4,270,000
Rss Msbam2016-c29-mo Csci LLC
Trustee Services INC|crossings Shopping Ctr Invs I
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Feb 26, 2016
—
Crossings Shopping Center Invs
Crossings Shopping Center LP
Quit Claim Deed
related
$10,050,000 · Starwood Mtg Cap
Aug 29, 2005
$13,785,000
Ca Alex I Properties LLC
Crossings At Halls Ferry LLC
Grant Deed
$12,100,000 · Ixis Real Estate Capital INC
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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