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Property profile & analytics
OFF-MARKET
Estimated value
$1,715,000
Investment properties
1808-1810 Chouteau Ave, Saint Louis, MO 63103
Entity Owned
4-yr Hold
Property ID
US48-0647837
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1885
Construction
BRICK
Total area
6,240 SF
Lot
0.06 ac (2,503 SF)
Zoning code
F
APN
228100-01107
UPID
US48-0647837
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
$2.07M
CAP Approach
CAP
$1.13M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.72M
Owner & transaction history
1808 Chouteau LLC · 4 yrs held
1808 Chouteau LLC
since 2021
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
F · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.7M
+52.2%
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 Saint Louis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Louis 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
$2,075,000
ML approach
$2,065,000
CAP Approach
CAP Return
Estimation
6%
$1,220,000
6.5%
$1,125,000
7%
$1,045,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,135,000
Current use
RESTAURANT
$1,730,000
Change: +52% · Conversion: Difficult
Blend value · Realmo final
$1.72M
Range $1.54M – $1.89M · ±10% · vs last sale $1.65M (Sep 23 2021)
Last sale anchor
$1.65M
Sep 23 2021
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
$275 / 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
$11,262
Tax year 2023
Assessed value
$137,040
Assessed 2023
Previous assessed
$137,040
+0.0% YoY
Effective rate
8.22%
On assessed value
Assessed land
$16,490
Assessed improvement
$120,550
Land market value
$69,700
Improvement market value
$605,400
Total market value
$675,100
Applied tax rate
6.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1885
Construction
BRICK
Heating
YES
Cooling
CENTRAL
Stories
3
Units
11
Total area
6,240 SF
Lot
0.06 ac (2,503 SF)
Zoning code
F
APN
228100-01107
UPID
US48-0647837
Jurisdiction
ST LOUIS CITY
Zoning & alternative use
F · Saint Louis, MO
Zoning F · permitted uses
F · Saint Louis, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint Louis. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
RESTAURANT
Est. value
$1.7M
COMMERCIAL (GENERAL) Current
RESTAURANT
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
1885
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
3
Units
11
Lot
0.06 ac
Current owner
From public records · entity-resolved
1808 Chouteau LLC
Entity
Mailing address
3002 NICADA DR, LOS ANGELES, CA 90077-2028
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2021
$1,650,000
1808 Chouteau LLC
1808 Woven LLC
Special Warranty Deed
$950,000 · First National Bank Of Waterloo
Jul 17, 2018
—
1808 Woven LLC
—
Deed
related
$1,022,000 · Greystone Svcng Corp
Feb 25, 2015
—
1808 Woven LLC|clarke Court Properties LLC
Spencer Matthew
Quit Claim Deed
related
—
Feb 17, 2015
$1,280,500
Spencer,matthew|clarke Court Properties LLC
Stllofts LLC
Warranty Deed
$988,500 · Great Sthrn Bk
May 25, 2010
—
Stllofts LLC
—
Trustees Deed
related
$100,000 · Centrue Bank
Jun 27, 2007
$250,000
Stllofts LLC
Owens,gary D
Warranty Deed
$1,650,000 · Centrue Bank
—
—
Stllofts LLC
—
Loan Modification
related
$845,652 · Pulaski Bank
—
—
Stllofts LLC
—
Deed Of Trust
related
$745,652 · Pulaski Bank
—
—
1808 Woven LLC
—
Deed Of Trust
related
$1,022,000 · Greystone Svcng 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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