Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1201 Bellevue Ave Saint Louis, MO 63117-1701

    • Medical offices
    • 2,915 SF
    • 0.30 lot acres
    OFF-MARKET
    Last Sale
    Sep 01, 2022
    $715,000
    Value Estimations
    $720,000
    Show details
    Cap Rate Potential
    4.5%
    Medical offices
    Location Intelligence
    Property ID
    US48-3333038
    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.

    Current Use by Public Records

    • Dr. Layla Ziaee, MD / Psychiatrist / Doctor
    • Carolyn A. Lafavre, MS / Counselor
    • Psychiatry-Brandy / Mental Health Clinic
    • Bradley Law Personal Injury Lawyers - Richmond Heights Office / Attorney / Medical Lawyer

    Property Details for 1201 Bellevue Ave

    Year built
    2005
    Construction
    WOOD
    Lot size
    0.30 lot acres
    Property size
    2,915 SF
    Zone code
    49C1
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    20J-6-1-050-3
    APU
    20J610503

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $745,000
      ML approach
      $730,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $560,000
      6.5%
      $515,000
      7%
      $480,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $746,000
      Market price range: $198k - $747k

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $450,000
      Current use
      COMMERCIAL (GENERAL)
      $530,000
      Change: +18% Conversion: Easy
      RETAIL STORES
      $525,000
      Change: +17% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.3125
    Latitude
    38.6301
    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
    $22,324
    $29,280
    $191,330
    $220,610
    -
    $91,500
    $597,900
    $689,400

    Comparable in this City

    • Value Estimation
      $505,000
      0.21 Acres

      1027 Bellevue Ave Ste, Unit 202

      MEDICAL CLINIC • 0.21 Acres
      1027 Bellevue Ave Ste, Saint Louis, MO 63117-1851
      View Details
    • Value Estimation
      $310,000
      4,012 SF

      6318 Clayton Rd

      MEDICAL CLINIC • 4,012 SF
      6318 Clayton Rd, Saint Louis, MO 63117-2500
      View Details
    • Value Estimation
      $920,000
      249,544 SF

      6420 Clayton Rd

      MEDICAL CLINIC • 249,544 SF
      6420 Clayton Rd, Saint Louis, MO 63117-1811
      View Details
    • Value Estimation
      $1,080,000
      52,068 SF

      6400 Clayton Rd

      MEDICAL CLINIC • 52,068 SF
      6400 Clayton Rd, Saint Louis, MO 63117-1997
      View Details
    • Value Estimation
      $375,000
      2,200 SF

      6341 Clayton Rd

      MEDICAL CLINIC • 2,200 SF
      6341 Clayton Rd, Saint Louis, MO 63117-1808
      View Details
    • Value Estimation
      $365,000
      3,591 SF

      7921 Clayton Rd

      MEDICAL CLINIC • 3,591 SF
      7921 Clayton Rd, Saint Louis, MO 63117-1369
      View Details

    Similar Nearby for Sale

    • $6,495,000
      8,500 SF

      Clayton Road Executive Offices

      St. Louis Office & Retail Complex
      8211-8221 Clayton Rd St, St. Louis, MO 63117
      View Details
    • Contact for pricing
      1,000 SF

      Prime Richmond Heights Office Space

      Spacious office suites in a high-visibility Richmond Heights location.
      1047 S Big Bend Blvd, Saint Louis, MO 63117
      View Details
    • $435,000

      Mixed-Use Building in Desirable Dogtown

      Meticulously maintained mixed-use property with commercial and residential spaces.
      1368 Mccausland Ave, Saint Louis, MO 63117
      View Details
    • $1,890,000
      5,380 SF

      Hi Pointe Place Creative Office

      St. Louis Creative Office, $1.89M
      1002 Hi Pointe Pl St, St. Louis, MO 63117
      View Details
    • $2,350,000
      7,200 SF

      Clayton Road Executive Office Building

      Prime Clayton location, 7,200 SF, $2.35M
      6369 Clayton Rd, Clayton, MO 63117
      View Details
    • $435,000
      Pending

      Mixed-Use Building Near Forest Park

      Mixed-use building in Dogtown near Forest Park with commercial and residential spaces.
      1368 Mccausland Ave St, Louis, MO 63117
      View Details

    Similar Nearby for Lease

    • $32 SF/Yr
      49,330 SF

      Bellevue Ave Medical Office Space

      Prime Richmond Heights medical office suites available.
      1035 Bellevue Ave, Richmond Heights, MO 63117
      View Details
    • $25 SF/Yr
      43,271 SF

      University Tower Medical Office Space

      Prime Medical Office, Highway 40 Access
      1034 Brentwood Blvd, Richmond Heights, MO 63117
      View Details
    • $23 SF/Yr
      64,000 SF

      Clayton Plaza Executive Suites

      Prestigious Clayton Office Space Available
      7700-7750 Clayton Rd, Richmond Heights, MO 63117
      View Details
    • $13 SF/Yr
      1,658 SF

      Clayton Road Executive Office Suite

      1658 SF Office, High Visibility, Ample Parking
      7801 Clayton Rd, Clayton, MO 63117
      View Details
    • $29 SF/Yr
      18,800 SF

      Clayton Road Executive Suites

      Prime St. Louis Office & Retail Space Available
      8211-8221 Clayton Rd St, St. Louis, MO 63117
      View Details
    • Contact for pricing

      Former Restaurant Site For Sublease

      High-profile restaurant site near Clayton with retail and office space.
      7950 Clayton Rd St, Louis, MO 63117
      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.
    1201 Bellevue Ave
    Saint Louis, MO 63117-1701
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.