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Property profile & analytics
OFF-MARKET
Estimated value
$8,745,000
Drug stores
12098 Lusher Rd Saint Louis, MO 63138-1302
Entity Owned
6-yr Hold
Free & Clear
Property ID
US48-0635781
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
1999
Construction
TYPE NOT SPECIFIED
Total area
16,308 SF
Lot
2 ac (86,989 SF)
Zoning code
C5
APN
08F-6-2-035-8
UPID
US48-0635781
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
$8.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.27M
Blend (final)
Blend
$8.75M
Owner & transaction history
Mdc Coastal 11 LLC · 6 yrs held
Mdc Coastal 11 LLC
since 2020
Last sale
$6.8M
3 recorded transactions
Zoning & alternative use
C5 · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Citywide Zoning District Map
Top alternative use upside
Restaurant
$4.5M
+77.2%
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
$8,745,000
ML approach
$8,560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$4,515,000
Change: +77% · Conversion: Easy
Blend value · Realmo final
$8.75M
Range $7.87M – $9.62M · ±10% · vs last sale $6.81M (Jan 3 2020)
Last sale anchor
$6.81M
Jan 3 2020
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
$536 / 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
$102,856
Tax year 2023
Assessed value
$830,110
Assessed 2023
Previous assessed
$973,280
-14.7% YoY
Effective rate
12.39%
On assessed value
Assessed land
$183,710
Assessed improvement
$646,400
Land market value
$574,100
Improvement market value
$2,020,000
Total market value
$2,594,100
Applied tax rate
139.0000
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
1999
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
16,308 SF
Lot
2 ac (86,989 SF)
Zoning code
C5
APN
08F-6-2-035-8
UPID
US48-0635781
Jurisdiction
ST LOUIS
Zoning & alternative use
C5 · Saint Louis, MOZoning C5 · permitted uses
C5 · Saint Louis, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Citywide Zoning District Map
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$4.5M
RESTAURANT
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
1999
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2 ac
Current owner
From public records · entity-resolved
Mdc Coastal 11 LLC
Entity
Free & Clear · 6 yrs held
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2020
$6,812,052
Mdc Coastal 11 LLC
Wg St Louis Lusher Mo L Arcp
Grant Deed
—
Jan 3, 2020
—
Mdc Coastal 11 LLC
Arcp Wg St Louis Lusher Mo LLC
Grant Deed
related
—
Jan 22, 2015
$6,874,000
Arcp Wg St Louis Lusher Mo L
Co,walgreen
Grant Deed
$119,065,000 · Ladder Cap Fin
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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