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Property profile & analytics
OFF-MARKET
Estimated value
$7,875,000
Medical Office Space
12990 Manchester Rd Saint Louis, MO 63131-1881
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US48-1476262
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
2014
Total area
69,401 SF
Lot
5.52 ac (240,321 SF)
Zoning code
17C-1A
APN
22O-4-2-075-6
UPID
US48-1476262
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
-
JONATHAN CRAVEN SCHELL Ophthalmologist
-
George Bohigian Ophthalmologist
-
Steven Lee, MD Ophthalmologist Eye Care Center
-
Michelle Derheimer, OD Eye Care Center Doctor
-
John Holds Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.14M
Blend (final)
Blend
$7.88M
Owner & transaction history
Des Peres Medical Office Building L · 2 yrs held
Des Peres Medical Office Building L
since 2024
2 recorded transactions
Zoning & alternative use
17C-1A · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$12.6M
+18.1%
Retail stores
$10.8M
+1.4%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$10,695,000
Current use
COMMERCIAL (GENERAL)
$12,630,000
Change: +18% · Conversion: Easy
RETAIL STORES
$10,845,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$10,365,000
Change: -3% · Conversion: Easy
AUTO REPAIR, GARAGE
$8,655,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$7.88M
Range $7.09M – $8.66M · ±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
$113 / 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
$273,435
Tax year 2023
Assessed value
$2,986,530
Assessed 2023
Previous assessed
$3,167,550
-5.7% YoY
Effective rate
9.16%
On assessed value
Assessed land
$692,130
Assessed improvement
$2,294,400
Land market value
$2,162,900
Improvement market value
$7,170,000
Total market value
$9,332,900
Applied tax rate
108.0000
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
2014
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
69,401 SF
Lot
5.52 ac (240,321 SF)
Zoning code
17C-1A
APN
22O-4-2-075-6
UPID
US48-1476262
Jurisdiction
ST LOUIS
Zoning & alternative use
17C-1A · Saint Louis, MO
Zoning 17C-1A · permitted uses
17C-1A · Saint Louis, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint Louis. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$10.7M
COMMERCIAL (GENERAL)
Est. value
$12.6M
RETAIL STORES
Est. value
$10.8M
OFFICE BUILDING
Est. value
$10.4M
AUTO REPAIR, GARAGE
Est. value
$8.7M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2014
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
5.52 ac
Current owner
From public records · entity-resolved
Des Peres Medical Office Building L
Individual
Mailing address
12990 MANCHESTER RD, SAINT LOUIS, MO 63131-1881
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2024
—
Des Peres Medical Office Building L
—
Deed
related
$300,000 · Carrollton Bank
May 1, 2023
—
Des Peres Medical Office Building L
—
Deed
related
$7,600,000 · Carrollton Bank
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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