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Property profile & analytics
OFF-MARKET
Estimated value
$2,885,000
Strip malls
11978 Paul Mayer Ave, Bridgeton, MO 63044
Entity Owned
1-yr Hold
Free & Clear
Property ID
US48-0974127
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1991
Construction
FRAME
Total area
111,523 SF
Lot
8.39 ac (365,294 SF)
Zoning code
10B-2
APN
11N-2-2-033-5
UPID
US48-0974127
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
$3.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.96M
Blend (final)
Blend
$2.89M
Owner & transaction history
Ross Dress For Less INC · 1 yrs held
Ross Dress For Less INC
since 2025
6 recorded transactions
Zoning & alternative use
10B-2 · Bridgeton, 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 Bridgeton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bridgeton 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
$3,350,000
ML approach
$3,350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.89M
Range $2.60M – $3.17M · ±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
$26 / 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
$38,821
Tax year 2023
Assessed value
$354,660
Assessed 2023
Previous assessed
$582,560
-39.1% YoY
Effective rate
10.95%
On assessed value
Assessed land
$320,000
Assessed improvement
$34,660
Land market value
$1,000,000
Improvement market value
$108,300
Total market value
$1,108,300
Applied tax rate
126.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1991
Construction
FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
111,523 SF
Lot
8.39 ac (365,294 SF)
Zoning code
10B-2
APN
11N-2-2-033-5
UPID
US48-0974127
Jurisdiction
ST LOUIS
Zoning & alternative use
10B-2 · Bridgeton, MO
Zoning 10B-2 · permitted uses
10B-2 · Bridgeton, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bridgeton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
8.39 ac
Current owner
From public records · entity-resolved
Ross Dress For Less INC
Entity
Free & Clear · 1 yrs held
Mailing address
1034 S BRENTWOOD BLVD STE #1200, SAINT LOUIS, MO 63117-1223
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2025
—
Ross Dress For Less INC
Clayton Maryland LLC
Deed
—
Apr 10, 2025
—
Clayton Maryland LLC
City Of Bridgeton Missouri
Deed
—
Jun 28, 2024
$3,350,000
Clayton Maryland LLC
Ipx Calyton Maryland 423 109 LLC
Special Warranty Deed
—
Aug 24, 2023
$2,950,000
Ipx Clayton Maryland 423 109 LLC
Spirit Master Funding IV LLC
Warranty Deed
$2,620,000 · Enterprise Bank & Trust
Feb 6, 2008
—
Cole Mt Bridgeton Mo LLC
Thf Rock Road Lot A Dev LLC
Grant Deed
related
—
Aug 14, 2006
—
Rock Road Lot D Dev LLC
Rock Road Dev LLC
Quit Claim 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.
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