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Property profile & analytics
OFF-MARKET
Estimated value
$1,170,000
Strip malls
1761 New Florissant Rd Florissant, MO 63033-1905
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US48-3370896
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1976
Total area
13,500 SF
Lot
1.58 ac (68,825 SF)
Zoning code
24B3
APN
07J-2-2-094-1
UPID
US48-3370896
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
$1.20M
CAP Approach
CAP
$895k
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$1.17M
Owner & transaction history
Ma Durga LLC · 2 yrs held
Ma Durga LLC
since 2023
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
24B3 · Florissant, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.9M
+42.5%
Medical building
$1.6M
+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
$1,145,000
ML approach
$1,200,000
CAP Approach
CAP Return
Estimation
6%
$965,000
6.5%
$895,000
7%
$830,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,345,000
Current use
OFFICE BUILDING
$1,915,000
Change: +43% · Conversion: Moderate
MEDICAL BUILDING
$1,640,000
Change: +22% · Conversion: Difficult
RETAIL STORES
$1,305,000
Change: -3% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,190,000
Change: -11% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,075,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$1.17M
Range $1.05M – $1.29M · ±10% · vs last sale $1.20M (Sep 19 2023)
Last sale anchor
$1.20M
Sep 19 2023
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
$87 / 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
$25,710
Tax year 2023
Assessed value
$231,390
Assessed 2023
Previous assessed
$231,390
+0.0% YoY
Effective rate
11.11%
On assessed value
Assessed land
$132,130
Assessed improvement
$99,260
Land market value
$412,900
Improvement market value
$310,200
Total market value
$723,100
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
1976
Heating
NONE
Stories
1
Rooms
11
Total area
13,500 SF
Lot
1.58 ac (68,825 SF)
Zoning code
24B3
APN
07J-2-2-094-1
UPID
US48-3370896
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
$1.3M
OFFICE BUILDING
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.6M
RETAIL STORES
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.2M
INDUSTRIAL (GENERAL)
Est. value
$1.1M
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
1976
Heating
NONE
Stories
1
Rooms
11
Lot
1.58 ac
Current owner
From public records · entity-resolved
Ma Durga LLC
Entity
Mailing address
497 OLDE CT RD, SAINT CHARLES, MO 63303-4075
Ownership since
2023
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
Sep 19, 2023
$1,200,000
Ma Durga LLC
Ma Vaishno LLC
Warranty Deed
$585,517 · Cadence Bank NA
Oct 25, 2022
$1,200,000
Ma Vaishno LLC
Lcrf LLC
Special Warranty Deed
$625,749 · Cadence Bank NA
Aug 18, 2022
—
Lcrf LLC
—
Deed
related
$656,954 · Midwest Regional Bank
Oct 30, 2012
$3,600,000
Walpert Robert A Living Trust
Flo-lin Corners LLC
Warranty Deed
—
May 16, 2007
—
James S Rehm
Flo-lin Corners LLC
Grant Deed
related
—
Aug 7, 2001
—
Flo-lin Corners LLC
Boston Securities Corp Of Mo
Grant Deed
related
—
—
—
Flo-lin Corners LLC
—
Deed Of Trust
related
$3,000,000 · National City 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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