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Property profile & analytics
OFF-MARKET
Estimated value
$4,385,000
Turn key restaurants
15601 Olive Blvd, Chesterfield, MO 63017-1722
Entity Owned
4-yr Hold
Free & Clear
Property ID
US48-0511129
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1998
Construction
WOOD
Total area
5,568 SF
Lot
2 ac (87,120 SF)
Zoning code
105PC
APN
18S-5-2-108-7
UPID
US48-0511129
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
$4.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.94M
Blend (final)
Blend
$4.39M
Owner & transaction history
East Wichita Development LLC · 4 yrs held
East Wichita Development LLC
since 2021
Last sale
$4.2M
4 recorded transactions
Zoning & alternative use
105PC · Chesterfield, 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 Chesterfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chesterfield 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
$4,465,000
ML approach
$4,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.39M
Range $3.95M – $4.82M · ±10% · vs last sale $4.17M (Dec 29 2021)
Last sale anchor
$4.17M
Dec 29 2021
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
$788 / 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
$49,013
Tax year 2023
Assessed value
$485,060
Assessed 2023
Previous assessed
$396,480
+22.3% YoY
Effective rate
10.10%
On assessed value
Assessed land
$334,530
Assessed improvement
$150,530
Land market value
$1,045,400
Improvement market value
$470,400
Total market value
$1,515,800
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1998
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
5,568 SF
Lot
2 ac (87,120 SF)
Zoning code
105PC
APN
18S-5-2-108-7
UPID
US48-0511129
Jurisdiction
ST LOUIS
Zoning & alternative use
105PC · Chesterfield, MO
Zoning 105PC · permitted uses
105PC · Chesterfield, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chesterfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2 ac
Current owner
From public records · entity-resolved
East Wichita Development LLC
Entity
Free & Clear · 4 yrs held
Mailing address
10220 W 87TH ST, SHAWNEE MISSION, KS 66212-4674
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2021
—
East Wichita Development LLC
15601 Olive LLC
Quit Claim Deed
related
—
Dec 29, 2021
$4,165,000
East Wichita Development LLC
15601 Olive LLC
Special Warranty Deed
$3,123,750 · Enterprise Bank & Trust Co
Sep 6, 2019
—
15601 Olive LLC
—
Grant Deed
related
$7,500,000 · Enterprise Bk
—
—
Chesterfield Northwest INC
—
Deed Of Trust
related
$2,700,000 · Sun Life Assurance 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.
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