Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    1116-1118 Convention Plz Saint Louis, MO 63101
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1116-1118 Convention Plz Saint Louis, MO 63101

    View on Map
    • Office properties & Spaces
    • 57,176 SF
    • 1.97 lot acres
    Off-Market
    Property ID
    US48-0712059
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $11,125,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 1116-1118 Convention Plz

    Year built
    1980
    Construction
    STEEL FRAME
    Lot size
    1.97 lot acres
    Property size
    57,176 SF
    Zone code
    I
    Property type
    Office properties & Spaces
    APN
    053200-00100
    APU
    5320000100

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $10,403,000
      Market price range: $4.64M - $16.1M
      AI Estimate
      $11,844,000
      Market price range: $2.83M - $20.8M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $10,405,000
      Current use
      RESTAURANT
      $15,835,000
      Change: +52% Conversion: Difficult
      RETAIL STORES
      $8,935,000
      Change: -14% Conversion: Easy
      MEDICAL BUILDING
      $8,810,000
      Change: -15% Conversion: Easy
      OFFICE BUILDING
      $8,540,000
      Change: -18% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Saint Louis
    County
    Saint Louis City
    State
    Missouri
    Longitude
    -90.1947
    Latitude
    38.6336
    CBSA code
    41180
    CBSA name
    ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $9,300,000
      33,717 SF

      900 Tucker Blvd

      OFFICE (GENERAL) • 33,717 SF
      900 Tucker Blvd, Saint Louis, MO 63101-1036
      View Details
    • Value Estimation
      $4,695,000
      24,128 SF

      715-723 Chestnut St

      OFFICE (GENERAL) • 24,128 SF
      715-723 Chestnut St, Saint Louis, MO 63101
      View Details
    • Value Estimation
      $4,775,000
      18,810 SF

      1010 Market St

      OFFICE (GENERAL) • 18,810 SF
      1010 Market St, Saint Louis, MO 63101-2026
      View Details
    • Value Estimation
      $1,905,000
      8,401 SF

      515-517 Olive St

      OFFICE (GENERAL) • 8,401 SF
      515-517 Olive St, Saint Louis, MO 63101
      View Details
    • Value Estimation by Request
      446 SF

      210 Tucker Blvd, Unit 1000

      OFFICE (GENERAL) • 446 SF
      210 Tucker Blvd, Saint Louis, MO 63101-1941
      View Details
    • Value Estimation by Request
      408 SF

      210 Tucker Blvd, Unit 1300

      OFFICE (GENERAL) • 408 SF
      210 Tucker Blvd, Saint Louis, MO 63101-1941
      View Details

    Similar Nearby for Sale

    • $2,030,000
      21,390 SF

      Historic Mixed-Use Building in Downtown

      Turn-key mixed-use building near Union Station and MLS Stadium.
      1900 Locust St St, Louis, MO 63101
      View Details
    • $425,000
      5,282 SF

      Downtown St. Louis Redevelopment Opportunity

      Historic two-story building in downtown St. Louis for sale.
      1011 Olive St St, Louis, MO 63101
      View Details
    • Contact for pricing
      5,500 SF

      Downtown St. Louis Office Space

      5,500 SqFt office space for sale in downtown St. Louis.
      1101 Lucas Ave St St, Louis, MO 63101
      View Details
    • $425,000
      5,282 SF

      Downtown St. Louis Redevelopment Opportunity

      Historic two-story building in downtown St. Louis with redevelopment potential.
      1011 Olive St, Saint Louis, MO 63101
      View Details
    • Contact for pricing
      24,650 SF

      Downtown Office Space For Rent

      73,950 sqft office space near America’s Center Convention Complex.
      901 N 10Th St, Louis, MO 63101
      View Details
    • Contact for pricing
      4,428 SF

      Downtown St. Louis Mixed-Use Building

      Rehabbed mixed-use building with restaurant and office space for sale.
      318 N 8Th St, Louis, MO 63101
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Space Available For Lease

      Office space for lease at 1015 Locust St, St. Louis.
      1015 Locust St St, Louis, MO 63101
      View Details
    • $16 SF/Yr
      14,412 SF

      Syndicate Trust Building: St. Louis Office

      Prime St. Louis Executive Office Space Available
      915 Olive St St, St. Louis, MO 63101
      View Details
    • Contact for pricing

      Office Space For Lease

      Office space available for lease in St. Louis, MO.
      505 Washington Ave St, Louis, MO 63101
      View Details
    • Contact for pricing
      392,986 SF

      St. Louis Office Space Available

      392,986 square foot office building in St. Louis.
      800 Market St St, Louis, MO 63101
      View Details
    • Contact for pricing

      26,100 SF Mixed-Use Building

      Flex space, industrial, warehouse, and office units available for lease.
      2727 S Jefferson Ave St, Louis, MO 63101
      View Details
    • Contact for pricing
      11,197 SF

      Downtown St. Louis Office Space

      Class A office tower with top-tier amenities for lease.
      505 N 7Th St, Louis, MO 63101
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1116-1118 Convention Plz
    Saint Louis, MO 63101
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!