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Property profile & analytics
OFF-MARKET
Estimated value
$490,000
Investment properties
12982 Maurer Industrial Dr Saint Louis, MO 63127-1565
Entity Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US48-0430773
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1982
Construction
FRAME
Total area
14,040 SF
Lot
2.25 ac (98,010 SF)
Zoning code
PLIFP
APN
28N-6-3-010-3
UPID
US48-0430773
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
-
KJKG Distributing Inc Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.66M
Comparable Approach
Comparable
$2.57M
Blend (final)
Blend
$490k
Owner & transaction history
Investments Korn · 18 yrs held
Investments Korn
since 2008
6 recorded transactions
Zoning & alternative use
PLIFP · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Citywide Zoning District Map
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%
$2,880,000
6.5%
$2,655,000
7%
$2,465,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,555,000
Current use
RETAIL STORES
$2,195,000
Change: -14% · Conversion: Easy
MEDICAL BUILDING
$2,165,000
Change: -15% · Conversion: Easy
OFFICE BUILDING
$2,095,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$490k
Range $441k – $539k · ±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
$35 / 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
$32,152
Tax year 2023
Assessed value
$333,600
Assessed 2023
Previous assessed
$283,200
+17.8% YoY
Effective rate
9.64%
On assessed value
Assessed land
$148,960
Assessed improvement
$184,640
Land market value
$465,500
Improvement market value
$577,000
Total market value
$1,042,500
Applied tax rate
138.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1982
Construction
FRAME
Heating
YES
Cooling
CENTRAL
Stories
2
Rooms
11
Total area
14,040 SF
Lot
2.25 ac (98,010 SF)
Zoning code
PLIFP
APN
28N-6-3-010-3
UPID
US48-0430773
Jurisdiction
ST LOUIS
Zoning & alternative use
PLIFP · Saint Louis, MOZoning PLIFP · permitted uses
PLIFP · 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
COMMERCIAL (GENERAL) Current
Est. value
$2.6M
RETAIL STORES
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$2.2M
OFFICE BUILDING
Est. value
$2.1M
COMMERCIAL (GENERAL) Current
RETAIL STORES
MEDICAL BUILDING
OFFICE BUILDING
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
1982
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
2
Rooms
11
Lot
2.25 ac
Current owner
From public records · entity-resolved
Investments Korn
Entity
Free & Clear · 18 yrs held
Mailing address
124 S ELM AVE, SAINT LOUIS, MO 63119-3018
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
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
Jun 23, 2022
—
Korn Investments LP
—
Deed
related
$350,000 · Pnc Bank NA
Jul 12, 2019
—
Korn Investments LP
—
Deed
related
$350,000 · Enterprise Bk
Sep 1, 2017
—
Korn Investments LP
—
Deed
related
$200,000 · Enterprise Bk
Jan 10, 2008
—
Investments Korn
Korn Joyce A Living Trust
Quit Claim Deed
related
—
—
—
Korn Investments LP
—
Loan Modification
related
$350,000 · Enterprise Bk
—
—
Korn Investments LP
—
Deed Of Trust
related
$200,000 · Enterprise 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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