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Property profile & analytics
OFF-MARKET
Estimated value
$2,265,000
Hotels
140 Venita Dr O Fallon, IL 62269-1881
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-5604271
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1998
Total area
12,093 SF
Lot
1.63 ac (71,003 SF)
APN
03-25-0-201-006
UPID
US28-5604271
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
-
Sleep Inn O'Fallon Near I-64 Hotel & Motel
-
Midwest Survival Swim Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.27M
Owner & transaction history
Mrss Of Allon LLC · 4 yrs held
Mrss Of Allon LLC
since 2022
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.6M
+302.9%
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 O Fallon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs O Fallon 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
$1,990,000
ML approach
$2,075,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,580,000
Change: +303% · Conversion: Difficult
Blend value · Realmo final
$2.27M
Range $2.04M – $2.49M · ±10% · vs last sale $2.50M (Feb 9 2022)
Last sale anchor
$2.50M
Feb 9 2022
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
$187 / 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
$66,662
Tax year 2023
Assessed value
$872,864
Assessed 2023
Previous assessed
$872,864
+0.0% YoY
Effective rate
7.64%
On assessed value
Assessed land
$120,971
Assessed improvement
$751,893
Land market value
$362,913
Improvement market value
$2,255,679
Total market value
$2,618,592
Applied tax rate
8,045.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1998
Heating
NONE
Stories
2
Total area
12,093 SF
Lot
1.63 ac (71,003 SF)
APN
03-25-0-201-006
UPID
US28-5604271
Jurisdiction
ST CLAIR
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.6M
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
1998
Heating
NONE
Stories
2
Lot
1.63 ac
Current owner
From public records · entity-resolved
Mrss Of Allon LLC
Entity
Mailing address
1320 PARK PLZ DR, O FALLON, IL 62269-1763
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2022
$2,500,000
Mrss Of Allon LLC
Sunny Hotels LLC
Special Warranty Deed
$282,021 · First National Bank Of Waterloo
Dec 30, 2011
$600,000
Sunny Hotels LLC
Arch Hotels LLC
Warranty Deed
$1,060,000 · Interbank Fsb
Apr 20, 2005
$2,660,000
Arch Hotels LLC
V & R Motel LLC
Grant Deed
$1,860,000 · Centrue Bank
Oct 7, 2003
$2,125,000
V & R Motel LLC
Albert Management LLC
Grant Deed
$2,112,310 · Montgomery First National Bank
May 2, 2002
—
Albert Management LLC
Car One Partners INC
Grant Deed
$2,000,000 · First National Bank
—
—
Arch Hotels LLC
—
Deed Of Trust
related
$2,575,000 · Citizens National Bank
—
—
Sunny Hotels LLC
—
Deed Of Trust
related
$300,000 · Interbank Fsb
—
—
V & R Motel LLC
—
Deed Of Trust
related
$1,575,000 · Missouri State Bank & Trust Co
—
—
Sunny Hotels LLC
—
Loan Modification
related
$1,325,650 · Interbank
—
—
Arch Hotels LLC
—
Deed Of Trust
related
$125,000 · Centrue 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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