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

    12988 Tesson Fry Rd Saint Louis, MO 63128-2961

    • Banks
    • 4,390 SF
    • 1.08 lot acres
    OFF-MARKET
    Value Estimations
    $505,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-3386666
    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

    • Banks

    Property Details for 12988 Tesson Fry Rd

    Year built
    2011
    Construction
    WOOD
    Lot size
    1.08 lot acres
    Property size
    4,390 SF
    Zone code
    R3
    Property type
    Banks
    APN
    30L-4-4-035-4
    APU
    30L440354

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $495,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $514,000
      Market price range: $239k - $549k

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.3807
    Latitude
    38.4954
    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
    $38,239
    $94,940
    $322,530
    $417,470
    -
    $296,700
    $1,007,900
    $1,304,600

    Comparable in this City

    • Value Estimation by Request
      2,820 SF

      4702 Mattis Rd

      FINANCIAL BUILDING • 2,820 SF
      4702 Mattis Rd, Saint Louis, MO 63128-2822
      View Details
    • Value Estimation
      $1,580,000
      3,999 SF

      12856 Tesson Fry Rd

      FINANCIAL BUILDING • 3,999 SF
      12856 Tesson Fry Rd, Saint Louis, MO 63128-2910
      View Details
    • Value Estimation by Request
      6,386 SF

      12040 Tesson Fry Rd

      FINANCIAL BUILDING • 6,386 SF
      12040 Tesson Fry Rd, Saint Louis, MO 63128-1727
      View Details
    • Value Estimation by Request
      4,047 SF

      4100 Rusty Rd

      FINANCIAL BUILDING • 4,047 SF
      4100 Rusty Rd, Saint Louis, MO 63128-1971
      View Details
    • Value Estimation
      $555,000
      5,320 SF

      12000 Tesson Fry Rd Ste, Unit 6

      FINANCIAL BUILDING • 5,320 SF
      12000 Tesson Fry Rd Ste, Saint Louis, MO 63128-1700
      View Details
    • Value Estimation
      $540,000
      5,128 SF

      13001 Tesson Fry Rd

      FINANCIAL BUILDING • 5,128 SF
      13001 Tesson Fry Rd, Saint Louis, MO 63128-3407
      View Details

    Similar Nearby for Sale

    • $600,000
      0.72 Acres

      St. Louis Redevelopment Opportunity

      High-Visibility Retail Land, 0.72 Acres
      4201 Bi State Industrial Dr St, St. Louis, MO 63128
      View Details
    • Contact for pricing
      4,130 SF

      Restaurant in Retail Corridor

      Stand-alone restaurant in a strong retail corridor near I-55.
      4130 Rusty Rd St, Louis, MO 63128
      View Details
    • $1,250,000
      4.32 Acres

      St. Louis Commercial Land - $1.25M

      4.32 Acres, C-8 Zoning, Prime Location
      4325 Butler Hl Rd St, St. Louis, MO 63128
      View Details
    • $450,000

      Redevelopment-Ready Site on Tesson Ferry

      0.51-acre site approved for 11,520 SF development.
      Saint Louis, MO 63128
      View Details
    • $425,000
      2.91 Acres

      Residential Land in Mehlville, MO

      Two level lots totaling 2.91 acres in the heart of Mehlville.
      4536 Butler Hill Rd, Saint Louis, MO 63128
      View Details
    • Contact for pricing

      Prime Sappington Development Opportunity

      13.75 Acres, Multi-Family Potential
      13169 Tesson Fry Rd St, St. Louis, MO 63128
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,200 SF

      Freestanding Retail Building Near Hospital

      7,200 SF retail building with ample parking and visibility.
      12791 Old Tesson Rd, Saint Louis, MO 63128
      View Details
    • $12 SF/Yr

      Plaza South Retail Space for Lease

      St. Louis retail space, two units available.
      13218 Tesson Fry Rd St, St. Louis, MO 63128
      View Details
    • $25 SF/Yr
      129,607 SF

      Concord Plaza Retail Center

      Sappington, MO Shopping Center Opportunity
      91 Concord Plz Shopping Ctr, Sappington, MO 63128
      View Details
    • $20 SF/Yr
      55,555 SF

      Lamplighter Square: Prime South County Location

      Retail/Office Space Available; High Visibility
      12660 Lamplighter Sq Shopping Ctr St, St. Louis, MO 63128
      View Details
    • $22 SF/Yr
      28,759 SF

      Tesson Ferry Rd Office Building

      South County medical/creative office space.
      13131 Tesson Fry Rd St, St. Louis, MO 63128
      View Details
    • $27 SF/Yr
      48,846 SF

      Mercy Hospital Medical Office Space

      Fenton, MO: Prime Medical Office Suites Available
      10004 Kennerly Rd, Fenton, MO 63128
      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.
    12988 Tesson Fry Rd
    Saint Louis, MO 63128-2961
    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.