16305 Truman Rd Ellisville, MO 63011-4731
Property profile & analytics
16305 Truman Rd Ellisville, MO 63011-4731
- Auto shops
- 6,232 SF
- 1.27 lot acres
Property ID
US48-0753501
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.
Location Intelligence
Current Use by Public Records
- Auto shops
Property Details for 16305 Truman Rd
- Year built
- 1994
- Construction
- FRAME
- Lot size
- 1.27 lot acres
- Property size
- 6,232 SF
- Zone code
- 19C-4
- Property type
- Auto shops
- APN
- 23U-5-2-017-6
- APU
- 23U520176
Description
This exceptional investment opportunity presents a fee-simple ownership of a 5,950-square-foot Dobbs Tire & Auto Center in Ellisville, Missouri. Located at 16305 Truman Road, this property boasts a prime location on Old Route 66, benefiting from high daily traffic volume exceeding 40,000 vehicles, further enhanced by the proximity of Old State Road with an additional 16,700 vehicles daily. The property sits on a 1.7-acre lot and features a 20-year triple-net (NNN) lease with a corporate guarantee, ensuring consistent cash flow. The current annual net operating income (NOI) is $147,033, with a 6.00% cap rate and a 20-year remaining lease term. Annual rent increases of 2.00% are built into the lease. Built in 1982, this auto shop serves an affluent community, with average household incomes exceeding $151,000 within a three-mile radius and $152,000 within five miles. Its convenient location, just 30 minutes from downtown St. Louis, adds to its appeal. The asking price for this exceptional net lease investment is $2,450,550. This is a rare opportunity to acquire a stable, high-performing asset in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,145,000
- ML approach
- $2,075,000
-
Alternative Use
- Use
- Estimation
- RESTAURANT
- $2,030,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Ellisville
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.6091
- Latitude
- 38.5876
- 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
$29,923
$159,330
$168,350
$327,680
-
$497,900
$526,100
$1,024,000
