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Property profile & analytics
FOR LEASE
Office buildings
11960 Westline Industrial Dr Maryland Heights, MO 63146
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US48-1012630
For Lease
1 / 16
$18 SF/Yr
11960 Westline Industrial Dr, Maryland Heights, MO 63146
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Total area
6,300 SF
Lot
5.83 ac (253,955 SF)
Zoning code
104M-1
APN
15O-6-4-034-1
UPID
US48-1012630
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
-
HomeGo - Sell Your House for Cash Real Estate Agency
-
Brain Train Centers, St. Louis Physician Alternative Medicine Practice
-
New Western Real Estate Agency
-
Jani-King | Commercial Cleaning & Janitorial Services in St. Louis Commercial Cleaning Service Janitorial Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$900k
Owner & transaction history
Waterway Realty Co LLC · 7 yrs held
Waterway Realty Co LLC
since 2019
4 recorded transactions
Zoning & alternative use
104M-1 · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+21.8%
Medical building
$970,000
+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 Maryland Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maryland Heights 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
$940,000
Current use
COMMERCIAL (GENERAL)
$1,145,000
Change: +22% · Conversion: Easy
MEDICAL BUILDING
$970,000
Change: +3% · Conversion: Easy
AUTO REPAIR, GARAGE
$785,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$900k
Range $810k – $990k · ±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
$143 / 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
$241,965
Tax year 2023
Assessed value
$2,240,000
Assessed 2023
Previous assessed
$2,048,100
+9.4% YoY
Effective rate
10.80%
On assessed value
Assessed land
$812,640
Assessed improvement
$1,427,360
Land market value
$2,539,500
Improvement market value
$4,460,500
Total market value
$7,000,000
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 Lease
Year built
1990
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Rooms
11
Total area
6,300 SF
Lot
5.83 ac (253,955 SF)
Zoning code
104M-1
APN
15O-6-4-034-1
UPID
US48-1012630
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
$940,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$970,000
AUTO REPAIR, GARAGE
Est. value
$785,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
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
1990
Heating
FORCED AIR
Cooling
Yes
Stories
3
Rooms
11
Lot
5.83 ac
Current owner
From public records · entity-resolved
Waterway Realty Co LLC
Entity
Free & Clear · 7 yrs held
Mailing address
600 EMERSON RD STE #210, SAINT LOUIS, MO 63141-6762
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Apr 30, 2020
—
Bmo I The Westport LLC
—
Deed
related
$6,630,000 · Peoples National Bank NA
May 30, 2019
$8,000
Waterway Realty Co LLC
Bmo-i The Westport LLC
Quit Claim Deed
related
—
Jan 22, 2018
$6,200,000
Bmo-i Westport LLC
Cmfg Life Ins Co
Trustees Deed
$5,125,000 · Miscellaneous Ins Co
—
—
Bmo-i Westport LLC
—
Deed Of Trust
related
$6,630,000 · Peoples Nat'l 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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