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Property profile & analytics
OFF-MARKET
Estimated value
$2,705,000
Showrooms
1860 Scherer Pkwy, Saint Charles, MO 63303-3983
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US48-0143062
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1977
Total area
30,000 SF
Lot
2 ac (87,120 SF)
Zoning code
AC1
APN
3-0116-0165-00-0001.1024000
UPID
US48-0143062
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
by Request
Comparable Approach
Comparable
$2.71M
Blend (final)
Blend
$2.71M
Owner & transaction history
Thomas Couvion · 14 yrs held
Thomas Couvion
since 2011
4 recorded transactions
Zoning & alternative use
AC1 · Saint Charles, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Charles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Charles 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,195,000
Current use
OFFICE BUILDING
$3,885,000
Change: -7% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,885,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$2.71M
Range $2.43M – $2.98M · ±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
$90 / 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
Property tax & assessments
Assessed value
$456,000
Assessed 2023
Previous assessed
$413,943
+10.2% YoY
Land market value
$457,380
Improvement market value
$967,620
Total market value
$1,425,000
Applied tax rate
3.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1977
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
30,000 SF
Lot
2 ac (87,120 SF)
Zoning code
AC1
APN
3-0116-0165-00-0001.1024000
UPID
US48-0143062
Jurisdiction
ST CHARLES
Zoning & alternative use
AC1 · Saint Charles, MO
Zoning AC1 · permitted uses
AC1 · Saint Charles, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint Charles. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$4.2M
OFFICE BUILDING
Est. value
$3.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.9M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1977
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2 ac
Current owner
From public records · entity-resolved
Thomas Couvion
Individual
Mailing address
614 SAINT JOVITE ST, SAINT CHARLES, MO 63304-7934
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 7, 2011
$1,000,000
Thomas Couvion
Santa Ana Holdings LLC
Special Warranty Deed
$992,000 · Midwest Regional Bank
Dec 16, 2010
$850,000
Santa Ana Holdings LLC
Springer,william A
Trustees Deed
related
—
Apr 29, 2004
—
D & M Properties LLC
—
Deed Of Trust
related
$1,200,000 · First National Bank
—
—
D & M Properties LLC
—
Deed Of Trust
related
$2,800,000 · Allegiant 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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