Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,945,000
Industrial properties
1550 Ocello Dr Fenton, MO 63026-2407
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US48-3340145
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
2000
Construction
WOOD
Total area
32,940 SF
Lot
2.2 ac (95,832 SF)
Zoning code
21BP-3
APN
27O-5-1-008-1
UPID
US48-3340145
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
-
StL Athletic Development Gym & Fitness Center
-
Champions Village Gym & Fitness Center
-
Prime Sports Midwest Baseball Goods Store Uniform Store
-
Output / Fitness & Performance Gym & Fitness Center
-
P2.0 Catching at Champions Village Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.01M
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$1.95M
Owner & transaction history
Matrix Group IV LLC · 8 yrs held
Matrix Group IV LLC
since 2018
7 recorded transactions
Zoning & alternative use
21BP-3 · Fenton, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.9M
+10.8%
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 Fenton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fenton 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%
$2,175,000
6.5%
$2,010,000
7%
$1,865,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,625,000
Current use
COMMERCIAL (GENERAL)
$2,905,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$1.95M
Range $1.75M – $2.14M · ±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
$59 / 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
$68,465
Tax year 2023
Assessed value
$737,860
Assessed 2023
Previous assessed
$661,030
+11.6% YoY
Effective rate
9.28%
On assessed value
Assessed land
$122,660
Assessed improvement
$615,200
Land market value
$383,300
Improvement market value
$1,922,500
Total market value
$2,305,800
Applied tax rate
110.0000
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
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
Off-Market
Year built
2000
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
11
Total area
32,940 SF
Lot
2.2 ac (95,832 SF)
Zoning code
21BP-3
APN
27O-5-1-008-1
UPID
US48-3340145
Jurisdiction
ST LOUIS
Zoning & alternative use
21BP-3 · Fenton, MOZoning 21BP-3 · permitted uses
21BP-3 · Fenton, MO
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
INDUSTRIAL (GENERAL) Current
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$2.9M
INDUSTRIAL (GENERAL) 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
2000
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Rooms
11
Lot
2.2 ac
Current owner
From public records · entity-resolved
Matrix Group IV LLC
Entity
Mailing address
100 LARKIN WILLIAMS IND CT, FENTON, MO 63026-2409
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2018
$1,800,000
Matrix Group IV LLC
Chf Dev LLC
Grant Deed
$1,798,000 · Midwest Bankcentre
Jun 30, 2017
—
Chf Dev LLC
—
Deed
related
$800,000 · Bank Of Wa
Jul 16, 2004
$1,850,000
Chf Dev LLC
Ocello Investment
Warranty Deed
$1,813,050 · Privatebank
Oct 22, 1998
—
Ocello Investment Co
—
Deed Of Trust
related
$1,250,000 · Concord Bank
—
—
Chf Dev LLC
—
Deed Of Trust
related
$1,236,754 · Cnb Bank & Trust NA
—
—
Chf Dev LLC
—
Deed Of Trust
related
$927,426 · Cornbelt Bank & Trust
—
—
Chf Dev LLC
—
Deed Of Trust
related
$800,000 · Bank Of Wa
—
—
Chf Dev LLC
—
Deed Of Trust
related
$830,000 · Business Finance Corp St Louis
—
—
Ocello Investment Co
—
Deed Of Trust
related
$100,000 · Southern Commercial 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1550 Ocello Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
