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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Drive through restaurants
1629 Broadway, Saint Louis, MO 63104
Entity Owned
17-yr Hold
Absentee Owner
Free & Clear
Property ID
US48-0118099
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1967
Construction
CONCRETE BLOCKS
Total area
2,500 SF
Lot
0.33 ac (14,460 SF)
Zoning code
G
APN
036900-00200
UPID
US48-0118099
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$658k
Blend (final)
Blend
$735k
Owner & transaction history
Cc Sedlak Properties LLC · 17 yrs held
Cc Sedlak Properties LLC
since 2009
6 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$690,000
Current use
COMMERCIAL (GENERAL)
$680,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$735k
Range $662k – $809k · ±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
$294 / 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
$14,764
Tax year 2023
Assessed value
$145,200
Assessed 2023
Previous assessed
$145,200
+0.0% YoY
Effective rate
10.17%
On assessed value
Assessed land
$34,700
Assessed improvement
$110,500
Land market value
$108,500
Improvement market value
$345,456
Total market value
$453,956
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
1967
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
2,500 SF
Lot
0.33 ac (14,460 SF)
Zoning code
G
APN
036900-00200
UPID
US48-0118099
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
$690,000
COMMERCIAL (GENERAL)
Est. value
$680,000
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
1967
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Cc Sedlak Properties LLC
Entity
Free & Clear · 17 yrs held
Mailing address
7201 OLIVE BLVD, SAINT LOUIS, MO 63130-2320
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2014
—
Cc Sedlak Properties LLC
—
Trustees Deed
related
$1,250,000 · Jacksonville Savings Bank
Aug 12, 2013
—
Cc Sedlak Properties LLC
—
Trustees Deed
related
$960,000 · Jacksonville Savings Bank
Jul 12, 2011
—
Cc Sedlak Properties LLC
—
Deed Of Trust
related
$1,200,000 · Jacksonville Savings Bank
Jan 28, 2009
$550,500
Cc Sedlak Properties LLC
Lampert M D & G M J Trust
Grant Deed
—
—
—
Cc Sedlak Properties LLC
—
Deed Of Trust
related
$1,150,000 · Jacksonville Bk
—
—
Cc Sedlak Properties LLC
—
Deed Of Trust
related
$250,000 · Jacksonville Savings 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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