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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    16200 Veterans Memorial Pkwy Wright City, MO 63390-3507

    • Commercial real estate
    • 4,270 SF
    • 1.11 lot acres
    OFF-MARKET
    Last Sale
    Oct 30, 2025
    Value Estimations
    $810,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-2569584
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Exodus Diesel / Truck Repair Shop / Diesel Engine Repair Service

    Property Details for 16200 Veterans Memorial Pkwy

    Lot size
    1.11 lot acres
    Property size
    4,270 SF
    Property type
    Commercial real estate
    APN
    05-24.0-0-00-069.000.000
    APU
    5240000069000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $865,000
      6.5%
      $800,000
      7%
      $740,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $820,000
      Market price range: $419k - $995k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Wright City
    County
    Warren
    State
    Missouri
    Longitude
    -91.0754
    Latitude
    38.8225
    CBSA code
    41180
    CBSA name
    ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,626
    $32,246
    $51,923
    $84,169
    -
    $100,770
    $162,260
    $263,030

    Comparable in this City

    • Value Estimation by Request
      0.55 Acres

      Veterans Memorial Pkwy

      COMMERCIAL (GENERAL) • 0.55 Acres
      Veterans Memorial Pkwy, Wright City, MO 63390
      View Details
    • Value Estimation
      $530,000
      3,061 SF

      209 Service N Rd

      COMMERCIAL (GENERAL) • 3,061 SF
      209 Service N Rd, Wright City, MO 63390-2418
      View Details
    • Value Estimation by Request
      0.92 Acres

      653 Service N Rd

      COMMERCIAL (GENERAL) • 0.92 Acres
      653 Service N Rd, Wright City, MO 63390-3350
      View Details
    • Value Estimation by Request
      2.82 Acres

      17729 Service Rd Ste C

      COMMERCIAL (GENERAL) • 2.82 Acres
      17729 Service Rd Ste C, Wright City, MO 63390-3105
      View Details
    • Value Estimation by Request
      0.28 Acres

      221 1st N St

      COMMERCIAL (GENERAL) • 0.28 Acres
      221 1st N St, Wright City, MO 63390-1119
      View Details
    • Value Estimation by Request
      2,283 SF

      Service E Rd

      COMMERCIAL (GENERAL) • 2,283 SF
      Service E Rd, Wright City, MO 63390
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.30 Acres

      Commercial Land in Wright City

      Commercial land suitable for small business or workshop.
      13000 North 1St St, Wright City, MO 63390
      View Details
    • New
      $107,450
      3.07 Acres

      Scenic Wooded Lots For Sale

      3 to 5 acre wooded lots perfect for custom home.
      7 Klausmeier Trl, Wright City, MO 63390
      View Details
    • New
      $105,000
      3.00 Acres

      Scenic Wooded Lots Available

      New subdivision featuring 10 wooded lots from 3-5 acres.
      3 Klausmeier Trl, Wright City, MO 63390
      View Details
    • New
      $105,000
      3.00 Acres

      Scenic Wooded Lots Available

      New subdivision featuring scenic wooded lots in Wright City, MO.
      2 Klausmeier Trl, Wright City, MO 63390
      View Details
    • $185,000
      1.01 Acres

      Residential Lot in Quiet Cul-de-Sac

      Building lot with modern amenities in a secluded, convenient location.
      107 Anna Ct, Wright City, MO 63390
      View Details
    • $280,000
      1.88 Acres

      Residential Land in Wright City

      Building lot with utilities in a quiet cul-de-sac.
      109 Anna Ct, Wright City, MO 63390
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,242 SF

      Retail Space with Highway Visibility

      Retail space available for lease with ample parking.
      275 North Service Rd, Wright City, MO 63390
      View Details
    • Contact for pricing
      1,000 SF

      Retail Space in Wright City

      Retail space available for lease in Wright City, Missouri.
      100 W 2Nd St N, Wright City, MO 63390
      View Details
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    16200 Veterans Memorial Pkwy
    Wright City, MO 63390-3507
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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