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Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Drive through restaurants
1531 Broadway 1543, Saint Louis, MO 63104-3802
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US48-0106064
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1976
Construction
CONCRETE BLOCKS
Total area
3,438 SF
Lot
0.89 ac (38,594 SF)
Zoning code
G
APN
036900-00800
UPID
US48-0106064
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$975k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$773k
Blend (final)
Blend
$855k
Owner & transaction history
1531 S Broadway Holdings LLC · 2 yrs held
1531 S Broadway Holdings LLC
since 2023
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
G · 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
Method
Estimation
Statistic approach
$935,000
ML approach
$975,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$950,000
Current use
COMMERCIAL (GENERAL)
$935,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$855k
Range $770k – $941k · ±10% · vs last sale $800k (Oct 6 2023)
Last sale anchor
$800k
Oct 6 2023
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
$249 / 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
$15,222
Tax year 2023
Assessed value
$149,700
Assessed 2023
Previous assessed
$149,700
+0.0% YoY
Effective rate
10.17%
On assessed value
Assessed land
$61,800
Assessed improvement
$87,900
Land market value
$193,000
Improvement market value
$274,821
Total market value
$467,821
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1976
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
CENTRAL
Stories
1
Units
1
Total area
3,438 SF
Lot
0.89 ac (38,594 SF)
Zoning code
G
APN
036900-00800
UPID
US48-0106064
Jurisdiction
ST LOUIS CITY
Zoning & alternative use
G · Saint Louis, MO
Zoning G · permitted uses
G · 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
RESTAURANT Current
Est. value
$950,000
COMMERCIAL (GENERAL)
Est. value
$935,000
RESTAURANT Current
COMMERCIAL (GENERAL)
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
1976
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.89 ac
Current owner
From public records · entity-resolved
1531 S Broadway Holdings LLC
Entity
Mailing address
425 W CAPITOL AVE STE #1350, LITTLE ROCK, AR 72201-3581
Ownership since
2023
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
Oct 6, 2023
$800,000
1531 S Broadway Holdings LLC
Gothics Two LLC
Warranty Deed
$640,000 · Farmers Bank & Trust
Oct 20, 2017
$499,000
Gothics Two LLC
Golden Stone LP
Warranty Deed
—
Sep 24, 2001
—
Golden Stone LP
Kennel LLC
Grant Deed
$240,000 · Union Planters National Bank
Jul 18, 2000
—
Franchise Realty Interstate Co
Delaware Macdonalds Corp
Grant Deed
related
—
—
—
Golden Stone LP
—
Deed Of Trust
related
$275,000 · First Collinsville Bank
—
—
Marcmahn INC
—
Deed Of Trust
related
$205,000 · Cass Commercial Bank
—
—
Golden Stone LP
—
Deed Of Trust
related
$150,000 · Chau-liang A & Lih-hwa Chen
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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