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Property profile & analytics
OFF-MARKET
Estimated value
$2,460,000
Medical Office Space
11115 New Halls Fry Rd Florissant, MO 63033-7613
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US48-3084918
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1973
Construction
FRAME
Total area
31,868 SF
Lot
3.59 ac (156,380 SF)
Zoning code
C-6
APN
09G-2-1-021-2
UPID
US48-3084918
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
-
Family Health Care Medical Center Medical Clinic
-
Medical Arts Building Medical Clinic
-
North County Dental Services Dental Office
-
Marion K Greene & Associates Inc Dental Office
-
Metro Cardio Vascular Co Inc General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.25M
Blend (final)
Blend
$2.46M
Owner & transaction history
Metro Property Management LLC · 17 yrs held
Metro Property Management LLC
since 2008
7 recorded transactions
Zoning & alternative use
C-6 · Florissant, 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 Florissant submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Florissant 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
$3,875,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,170,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$2.46M
Range $2.21M – $2.71M · ±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
$77 / 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
$35,029
Tax year 2023
Assessed value
$290,820
Assessed 2023
Previous assessed
$256,900
+13.2% YoY
Effective rate
12.04%
On assessed value
Assessed land
$197,090
Assessed improvement
$93,730
Land market value
$615,900
Improvement market value
$292,900
Total market value
$908,800
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
1973
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
11
Total area
31,868 SF
Lot
3.59 ac (156,380 SF)
Zoning code
C-6
APN
09G-2-1-021-2
UPID
US48-3084918
Jurisdiction
ST LOUIS
Zoning & alternative use
C-6 · Florissant, MO
Zoning C-6 · permitted uses
C-6 · Florissant, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Florissant. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$3.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.2M
MEDICAL BUILDING 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
1973
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
11
Lot
3.59 ac
Current owner
From public records · entity-resolved
Metro Property Management LLC
Entity
Mailing address
11115 NEW HALLS FRY RD STE #301, FLORISSANT, MO 63033-7612
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2020
—
Metro Property Management LLC
—
Deed
related
$300,000 · Almond Opportunity LLC
Oct 14, 2008
$865,000
Metro Property Management LLC
Kelley,joseph A III & Barbara
Warranty Deed
$864,000 · Pnc Bank
Oct 14, 2008
—
Stephen C Murphy
Sslj LLC
Quit Claim Deed
related
—
Aug 9, 2006
—
Joseph A Kelley III
Sslj LLC
Warranty Deed
$525,074 · Commerce Bank NA
—
—
Metro Property Mgmt LLC
—
Deed Of Trust
related
$623,300 · Pnc Bank
—
—
Metro Property Management LLC
—
Loan Modification
related
$836,866 · Almond Opportunity LLC
—
—
Metro Property Management LLC
—
Loan Modification
related
$300,000 · Almond Opportunity LLC
—
—
Metro Property Management LLC
—
Deed Of Trust
related
$300,000 · Regions Bank
—
—
Metro Property Management LLC
—
Deed Of Trust
related
$45,000 · Enterprise Bank & Trust
—
—
Metro Property Management LLC
—
Deed Of Trust
related
$836,866 · Regions Bk
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
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