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Property profile & analytics
OFF-MARKET
Drive through restaurants
1630 Hwy 50, O Fallon, IL 62269-1621
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-1846562
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1992
Total area
3,008 SF
Lot
0.73 ac (31,799 SF)
APN
03-26-0-200-029
UPID
US28-1846562
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
-
TeaTime - bubble tea lounge Cafe & Coffee Shop
-
Hawaiian Bros Island Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cmrm LLC · 18 yrs held
Cmrm LLC
since 2008
7 recorded transactions
Zoning & alternative use
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 O Fallon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs O Fallon 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$24,544
Tax year 2023
Assessed value
$321,375
Assessed 2023
Previous assessed
$321,375
+0.0% YoY
Effective rate
7.64%
On assessed value
Assessed land
$121,857
Assessed improvement
$199,518
Land market value
$365,571
Improvement market value
$598,554
Total market value
$964,125
Applied tax rate
8,045.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1992
Heating
NONE
Total area
3,008 SF
Lot
0.73 ac (31,799 SF)
APN
03-26-0-200-029
UPID
US28-1846562
Jurisdiction
ST CLAIR
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1992
Heating
NONE
Lot
0.73 ac
Current owner
From public records · entity-resolved
Cmrm LLC
Entity
Mailing address
9730 E WATSON RD STE #100, SAINT LOUIS, MO 63126-1903
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
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
Feb 6, 2008
$1,896,500
Cmrm LLC
Emco INC
Warranty Deed
$1,012,349 · Firstmerit Bank NA
Dec 8, 2005
—
Emco INC
—
Trustees Deed
related
$75,000 · Union Planters National Bank
Dec 18, 2001
—
Emco INC
—
Deed Of Trust
related
$1,988,480 · Union Planters National Bank
Nov 7, 1996
—
Emco INC
—
Deed Of Trust
related
$1,145,000 · Boatmen's Nat'l Bank St Louis
—
—
1776 Lebanon Ave LLC
—
Deed Of Trust
related
$1,205,811 · Bank Of O'fallon
—
—
Emco INC
—
Deed Of Trust
related
$150,000 · Regions Bank
—
—
Cmrm LLC
—
Deed Of Trust
related
$828,000 · Small Business Growth Corp
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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