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Property profile & analytics
FOR SALE
Office buildings
11775 Borman Dr Saint Louis, MO 63146
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US48-3345068
For Sale
1 / 3
$4,585,000
11775 Borman Dr, Saint Louis, MO 63146
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Total area
66,258 SF
Lot
2.93 ac (127,631 SF)
Zoning code
104M-1
APN
15N-1-4-116-2
UPID
US48-3345068
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.43M
Owner & transaction history
Westport 215 LLC · 9 yrs held
Westport 215 LLC
since 2017
4 recorded transactions
Zoning & alternative use
104M-1 · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$10.2M
+3.2%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$9,895,000
Current use
MEDICAL BUILDING
$10,210,000
Change: +3% · Conversion: Easy
AUTO REPAIR, GARAGE
$8,260,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$6.43M
Range $5.79M – $7.07M · ±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
$97 / 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
$148,343
Tax year 2023
Assessed value
$1,440,000
Assessed 2023
Previous assessed
$1,934,430
-25.6% YoY
Effective rate
10.30%
On assessed value
Assessed land
$155,200
Assessed improvement
$1,284,800
Land market value
$485,000
Improvement market value
$4,015,000
Total market value
$4,500,000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1986
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Total area
66,258 SF
Lot
2.93 ac (127,631 SF)
Zoning code
104M-1
APN
15N-1-4-116-2
UPID
US48-3345068
Jurisdiction
ST LOUIS
Zoning & alternative use
104M-1 · Saint Louis, MO
Zoning 104M-1 · permitted uses
104M-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
OFFICE BUILDING Current
Est. value
$9.9M
MEDICAL BUILDING
Est. value
$10.2M
AUTO REPAIR, GARAGE
Est. value
$8.3M
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1986
Heating
FORCED AIR
Cooling
Yes
Stories
3
Lot
2.93 ac
Current owner
From public records · entity-resolved
Westport 215 LLC
Entity
Mailing address
1034 S BRENTWOOD BLVD STE #300, SAINT LOUIS, MO 63117-1203
Ownership since
2017
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
Mar 21, 2017
$5,565,000
Westport 215 LLC
Cgcmt 2006-c5 9 Prop Portfolio
Grant Deed
$4,730,250 · St Louis Bk
Feb 9, 2016
—
Cgcmt 2006-c5 9 Prop Portfolio
Iret-mr9 LLC
Grant Deed
—
Sep 21, 2006
$5,804,000
Iret Mr9 LLC
Mr #15 LLC
Special Warranty Deed
$122,610 · Citigroup Global Markets Realty Cor
Nov 22, 1999
—
Mr #15 LLC
Amberjack Ltd
Grant Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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