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Property profile & analytics
OFF-MARKET
Estimated value
$895,000
Super regional malls
111 Prt Plz, Saint Louis, MO 63146-3011
Entity Owned
2-yr Hold
Free & Clear
Property ID
US48-0796099
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1973
Total area
13,725 SF
Lot
1.89 ac (82,328 SF)
Zoning code
104PDM
APN
15O-6-3-029-8
UPID
US48-0796099
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
$900k
CAP Approach
CAP
$905k
Comparable Approach
Comparable
$873k
Blend (final)
Blend
$895k
Owner & transaction history
Wpp LLC · 2 yrs held
Wpp LLC
since 2024
5 recorded transactions
Zoning & alternative use
104PDM · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$900,000
CAP Approach
CAP Return
Estimation
6%
$985,000
6.5%
$905,000
7%
$845,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,405,000
Current use
Blend value · Realmo final
$895k
Range $806k – $985k · ±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
$65 / 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
$663,807
Tax year 2023
Assessed value
$6,145,220
Assessed 2023
Previous assessed
$2,720,000
+125.9% YoY
Effective rate
10.80%
On assessed value
Assessed land
$263,460
Assessed improvement
$5,881,760
Land market value
$823,300
Improvement market value
$18,380,500
Total market value
$19,203,800
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1973
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
4
Stories
13
Units
1
Total area
13,725 SF
Lot
1.89 ac (82,328 SF)
Zoning code
104PDM
APN
15O-6-3-029-8
UPID
US48-0796099
Jurisdiction
ST LOUIS
Zoning & alternative use
104PDM · Saint Louis, MO
Zoning 104PDM · permitted uses
104PDM · 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
$1.4M
NEIGHBORHOOD: SHOPPING CENTER Current
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
1973
Heating
FORCED AIR
Cooling
Yes
Stories
13
Buildings
4
Units
1
Lot
1.89 ac
Current owner
From public records · entity-resolved
Wpp LLC
Entity
Free & Clear · 2 yrs held
Mailing address
111 W PRT PLZ STE #500, SAINT LOUIS, MO 63146-3015
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2024
—
Wpp LLC
City Of Maryland Heights
Lease
—
Jul 2, 2012
$33,000,000
Wpp LLC
Us Reif Westport Plaza Fee LLC
Grant Deed
$32,797,423 · Bank Of Washington
Nov 14, 2011
—
Us Reif Westport Plaza Fee LLC
—
Deed Of Trust
related
$65,605,480 · Pnc Bank
Apr 1, 2011
—
Westport Investment Group LLC
—
Deed Of Trust
related
$39,528,000 · Wells Fargo Bank
Nov 8, 2007
$85,000,000
Us Reif Westport Plaza Fee LLC
Wpp Holdings LLC
Grant Deed
—
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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