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Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Strip malls
1740 Thunderbird Ave Florissant, MO 63033-2049
Entity Owned
3-yr Hold
Free & Clear
Property ID
US48-0578497
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1972
Total area
9,710 SF
Lot
1.08 ac (47,045 SF)
Zoning code
24B3
APN
07J-3-1-049-3
UPID
US48-0578497
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
-
Brennan's Bar & Grill Restaurant
-
sdfasfdsds Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$825k
CAP Approach
CAP
$640k
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$855k
Owner & transaction history
Akn Properties LLC · 3 yrs held
Akn Properties LLC
since 2022
Last sale
$875,000
2 recorded transactions
Zoning & alternative use
24B3 · Florissant, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.4M
+42.5%
Medical building
$1.2M
+22.2%
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 Florissant submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Florissant 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
$845,000
ML approach
$825,000
CAP Approach
CAP Return
Estimation
6%
$695,000
6.5%
$640,000
7%
$595,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$965,000
Current use
OFFICE BUILDING
$1,375,000
Change: +43% · Conversion: Moderate
MEDICAL BUILDING
$1,180,000
Change: +22% · Conversion: Difficult
RETAIL STORES
$940,000
Change: -3% · Conversion: Easy
COMMERCIAL (GENERAL)
$855,000
Change: -11% · Conversion: Easy
INDUSTRIAL (GENERAL)
$775,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$855k
Range $770k – $941k · ±10% · vs last sale $875k (Sep 14 2022)
Last sale anchor
$875k
Sep 14 2022
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
$88 / 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
$27,990
Tax year 2023
Assessed value
$251,910
Assessed 2023
Previous assessed
$137,600
+83.1% YoY
Effective rate
11.11%
On assessed value
Assessed land
$127,140
Assessed improvement
$124,770
Land market value
$397,300
Improvement market value
$389,900
Total market value
$787,200
Applied tax rate
111.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1972
Heating
NONE
Stories
1
Rooms
11
Total area
9,710 SF
Lot
1.08 ac (47,045 SF)
Zoning code
24B3
APN
07J-3-1-049-3
UPID
US48-0578497
Jurisdiction
ST LOUIS
Zoning & alternative use
24B3 · Florissant, MO
Zoning 24B3 · permitted uses
24B3 · Florissant, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Florissant. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$965,000
OFFICE BUILDING
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.2M
RETAIL STORES
Est. value
$940,000
COMMERCIAL (GENERAL)
Est. value
$855,000
INDUSTRIAL (GENERAL)
Est. value
$775,000
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
INDUSTRIAL (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
1972
Heating
NONE
Stories
1
Rooms
11
Lot
1.08 ac
Current owner
From public records · entity-resolved
Akn Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
486 COUSSOT PARC, SAINT CHARLES, MO 63303-4205
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 14, 2022
$875,000
Akn Properties LLC
Lcrf LLC
Special Warranty Deed
—
Jan 20, 2009
—
Flo-lin Corners LLC
—
Deed Of Trust
related
$8,500,000 · Pulaski 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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