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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Office buildings
16941 Manchester Rd Grover, MO 63040-1209
Individually Owned
15-yr Hold
Free & Clear
Property ID
US48-0361231
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1929
Construction
FRAME
Total area
2,488 SF
Lot
1 ac (43,560 SF)
Zoning code
107NU
APN
24V-5-3-055-1
UPID
US48-0361231
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
-
Butler Durrell Security Security Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$500k
Comparable Approach
Comparable
$475k
Blend (final)
Blend
$500k
Owner & transaction history
R John Butler · 15 yrs held
R John Butler
since 2010
1 recorded transaction
Zoning & alternative use
107NU · Grover, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$390,000
+5.6%
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 Grover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grover 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%
$540,000
6.5%
$500,000
7%
$465,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$370,000
Current use
RETAIL STORES
$390,000
Change: +6% · Conversion: Moderate
AUTO REPAIR, GARAGE
$355,000
Change: -5% · Conversion: Difficult
MEDICAL BUILDING
$300,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$500k
Range $450k – $550k · ±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
$201 / 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
$12,000
Tax year 2023
Assessed value
$133,280
Assessed 2023
Previous assessed
$108,870
+22.4% YoY
Effective rate
9.00%
On assessed value
Assessed land
$97,570
Assessed improvement
$35,710
Land market value
$304,900
Improvement market value
$111,600
Total market value
$416,500
Applied tax rate
110.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1929
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
6
Bathrooms
1
Total area
2,488 SF
Lot
1 ac (43,560 SF)
Zoning code
107NU
APN
24V-5-3-055-1
UPID
US48-0361231
Jurisdiction
ST LOUIS
Zoning & alternative use
107NU · Grover, MO
Zoning 107NU · permitted uses
107NU · Grover, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grover. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$370,000
RETAIL STORES
Est. value
$390,000
AUTO REPAIR, GARAGE
Est. value
$355,000
MEDICAL BUILDING
Est. value
$300,000
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1929
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
6
Bathrooms
1
Lot
1 ac
Current owner
From public records · entity-resolved
R John Butler
Individual
Free & Clear · 15 yrs held
Mailing address
405 STEEPLE LN, WILDWOOD, MO 63005-4203
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2010
$170,000
R John Butler
Schnarr Audrey M 1991 Trust
Warranty Deed
—
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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