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Property profile & analytics
OFF-MARKET
Retail space
135 Paul Ave Saint Louis, MO 63135-2959
Individually Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US48-0384964
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1975
Construction
FRAME
Total area
2,512 SF
Lot
0.15 ac (6,534 SF)
Zoning code
22C-1
APN
12H-4-2-130-7
UPID
US48-0384964
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
-
COF Properties Real Estate Agency
-
meritcdshomehealth Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Michael V Palmer · 7 yrs held
Michael V Palmer
since 2019
7 recorded transactions
Zoning & alternative use
22C-1 · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,298
Tax year 2023
Assessed value
$31,680
Assessed 2023
Previous assessed
$20,550
+54.2% YoY
Effective rate
10.41%
On assessed value
Assessed land
$7,940
Assessed improvement
$23,740
Land market value
$24,800
Improvement market value
$74,200
Total market value
$99,000
Applied tax rate
111.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1975
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
11
Total area
2,512 SF
Lot
0.15 ac (6,534 SF)
Zoning code
22C-1
APN
12H-4-2-130-7
UPID
US48-0384964
Jurisdiction
ST LOUIS
Zoning & alternative use
22C-1 · Saint Louis, MO
Zoning 22C-1 · permitted uses
22C-1 · 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.
Building & site characteristics
From public records
Year built
1975
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
11
Lot
0.15 ac
Current owner
From public records · entity-resolved
Michael V Palmer
Individual
Free & Clear · 7 yrs held
Mailing address
2 BRIARWOOD LN, SAINT LOUIS, MO 63135-1444
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2019
—
Michael V Palmer
Palmer Residl Svcs LLC
Quit Claim Deed
related
—
Nov 27, 2017
—
Michael V Palmer
Palmer Residential Svcs LLC
Quit Claim Deed
related
—
Oct 22, 2010
$18,000
Palmer Residential Svcs LLC
Stjohns Bank & Trust Co
Warranty Deed
—
Feb 24, 2010
$61,250
Stjohns Bank & Trust Co
Maloney Paul M
Trustees Deed
related
—
Jan 15, 2010
—
Owner Name Unavailable
Owner Name Unavailable
Affidavit Of Death
related
—
Dec 21, 2009
—
Owner Name Unavailable
Owner Name Unavailable
Affidavit Of Death
related
—
Feb 7, 2006
$124,500
Terrys Cut & Trim Corp
Ronald W Walker
Warranty Deed
$99,500 · St Johns Bank & Trust Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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