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Property profile & analytics
OFF-MARKET
Estimated value
$3,460,000
Drug stores
182 Florissant Rd, Saint Louis, MO 63135-1942
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US48-0543404
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2000
Total area
15,576 SF
Lot
1.97 ac (85,813 SF)
Zoning code
22DB-2
APN
11H-1-3-110-0
UPID
US48-0543404
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
by Request
CAP Approach
CAP
$3.23M
Comparable Approach
Comparable
$4.08M
Blend (final)
Blend
$3.46M
Owner & transaction history
Wbfemo001 LLC · 6 yrs held
Wbfemo001 LLC
since 2019
2 recorded transactions
Zoning & alternative use
22DB-2 · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.3M
+77.2%
Commercial (general)
$2.8M
+16.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,490,000
6.5%
$3,225,000
7%
$2,995,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,435,000
Current use
RESTAURANT
$4,315,000
Change: +77% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,835,000
Change: +16% · Conversion: Easy
MEDICAL BUILDING
$2,400,000
Change: -1% · Conversion: Difficult
OFFICE BUILDING
$2,325,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$3.46M
Range $3.11M – $3.81M · ±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
$222 / 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
$74,259
Tax year 2023
Assessed value
$713,340
Assessed 2023
Previous assessed
$856,800
-16.7% YoY
Effective rate
10.41%
On assessed value
Assessed land
$169,790
Assessed improvement
$543,550
Land market value
$530,600
Improvement market value
$1,698,600
Total market value
$2,229,200
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2000
Heating
NONE
Stories
1
Rooms
11
Total area
15,576 SF
Lot
1.97 ac (85,813 SF)
Zoning code
22DB-2
APN
11H-1-3-110-0
UPID
US48-0543404
Jurisdiction
ST LOUIS
Zoning & alternative use
22DB-2 · Saint Louis, MO
Zoning 22DB-2 · permitted uses
22DB-2 · 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
RETAIL STORES Current
Est. value
$2.4M
RESTAURANT
Est. value
$4.3M
COMMERCIAL (GENERAL)
Est. value
$2.8M
MEDICAL BUILDING
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.3M
RETAIL STORES Current
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE 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
2000
Heating
NONE
Stories
1
Rooms
11
Lot
1.97 ac
Current owner
From public records · entity-resolved
Wbfemo001 LLC
Entity
Mailing address
182 N FLORISSANT RD, SAINT LOUIS, MO 63135-1942
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Oct 31, 2019
$3,959,087
Wbfemo001 LLC
Walgreen Co
Grant Deed
$51,353,529 · Branch Bk&tr
Nov 13, 2000
—
Walgreen Co
Emmet Mercantile INC
Grant Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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