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Property profile & analytics
OFF-MARKET
Estimated value
$18,780,000
Industrial properties
114 Old State Rd Ellisville, MO 63021-5915
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US48-0566813
Property profile
Verified
Property type
Industrial properties
Use group
PRINTING, PUBLISHING (LIGHT INDUSTRIAL)
Year built
1978
Construction
WOOD
Total area
233,431 SF
Lot
31.03 ac (1,351,667 SF)
Zoning code
19M-1
APN
23U-6-2-012-2
UPID
US48-0566813
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
$18.78M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$18.78M
Owner & transaction history
Stl Ellisville LLC · 2 yrs held
Stl Ellisville LLC
since 2024
Last sale
$18.8M
2 recorded transactions
Zoning & alternative use
19M-1 · Ellisville, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$24.0M
+156.6%
Apartment house (5+ units)
$23.1M
+146.7%
Office building
$20.5M
+119.0%
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 Ellisville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ellisville 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
$18,780,000
ML approach
$18,780,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$24,015,000
Change: +157% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$23,085,000
Change: +147% · Conversion: Difficult
OFFICE BUILDING
$20,500,000
Change: +119% · Conversion: Difficult
RETAIL STORES
$19,050,000
Change: +104% · Conversion: Difficult
AUTO REPAIR, GARAGE
$17,705,000
Change: +89% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$17,635,000
Change: +88% · Conversion: Difficult
COMMERCIAL (GENERAL)
$16,960,000
Change: +81% · Conversion: Difficult
Blend value · Realmo final
$18.78M
Range $16.90M – $20.66M · ±10% · vs last sale $18.78M (Jan 2 2024)
Last sale anchor
$18.78M
Jan 2 2024
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
$80 / 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
$294,898
Tax year 2023
Assessed value
$3,229,320
Assessed 2023
Previous assessed
$2,694,530
+19.8% YoY
Effective rate
9.13%
On assessed value
Assessed land
$1,997,220
Assessed improvement
$1,232,100
Land market value
$6,241,300
Improvement market value
$3,850,300
Total market value
$10,091,600
Applied tax rate
110.0000
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
PRINTING, PUBLISHING (LIGHT INDUSTRIAL)
Status
Off-Market
Year built
1978
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
2
Total area
233,431 SF
Lot
31.03 ac (1,351,667 SF)
Zoning code
19M-1
APN
23U-6-2-012-2
UPID
US48-0566813
Jurisdiction
ST LOUIS
Zoning & alternative use
19M-1 · Ellisville, MOZoning 19M-1 · permitted uses
19M-1 · Ellisville, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$24.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$23.1M
OFFICE BUILDING
Est. value
$20.5M
RETAIL STORES
Est. value
$19.1M
AUTO REPAIR, GARAGE
Est. value
$17.7M
INDUSTRIAL (GENERAL)
Est. value
$17.6M
COMMERCIAL (GENERAL)
Est. value
$17.0M
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
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
1978
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Lot
31.03 ac
Current owner
From public records · entity-resolved
Stl Ellisville LLC
Entity
Mailing address
1034 S BRENTWOOD BLVD STE #1300, SAINT LOUIS, MO 63117-1213
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2024
$18,780,000
Stl Ellisville LLC
Cooper Bussmann LLC
Special Warranty Deed
$13,000,000 · Royal Banks Of Missouri
Dec 18, 2023
$21,299,954
Cooper Bussmann LLC
Bussmann International Holdings Llo
Warranty 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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