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Property profile & analytics
OFF-MARKET
Estimated value
$895,000
Retail space
1881 Sherman Dr Saint Charles, MO 63303-3966
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US48-0150679
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1984
Total area
5,044 SF
Lot
1.13 ac (49,223 SF)
Zoning code
AB2
APN
3-0003-3280-00-0026.1800000
UPID
US48-0150679
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
$895k
Blend (final)
Blend
$895k
Owner & transaction history
Bedrock Capital 2023 LLC · 2 yrs held
Bedrock Capital 2023 LLC
since 2023
7 recorded transactions
Zoning & alternative use
AB2 · Saint Charles, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$980,000
+1.0%
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
RETAIL STORES
$970,000
Current use
MEDICAL BUILDING
$980,000
Change: +1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$875,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$895k
Range $806k – $985k · ±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
$177 / 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
$153,340
Assessed 2023
Previous assessed
$131,200
+16.9% YoY
Land market value
$295,338
Improvement market value
$183,848
Total market value
$479,186
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1984
Heating
CENTRAL
Cooling
YES
Stories
1
Bathrooms
4
Total area
5,044 SF
Lot
1.13 ac (49,223 SF)
Zoning code
AB2
APN
3-0003-3280-00-0026.1800000
UPID
US48-0150679
Jurisdiction
ST CHARLES
Zoning & alternative use
AB2 · Saint Charles, MO
Zoning AB2 · permitted uses
AB2 · 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
RETAIL STORES Current
Est. value
$970,000
MEDICAL BUILDING
Est. value
$980,000
AUTO REPAIR, GARAGE
Est. value
$875,000
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1984
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
4
Lot
1.13 ac
Current owner
From public records · entity-resolved
Bedrock Capital 2023 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1104 E BROADWAY ALTON, ALTON
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2023
—
Zachariah Yinger
—
Deed
related
$1,850,000 · The Bank Of Houston
Sep 28, 2023
$23,407
Bedrock Capital 2023 LLC
St Charles County
Redemption Deed
related
—
Mar 18, 2021
—
Zachariah Yinger
Gregg P Biache
Special Warranty Deed
—
Oct 23, 2006
—
Wiscarson,carol Trust
Wiscarson Shonn Trust
Quit Claim Deed
related
—
Sep 7, 2006
—
Wiscarson,shonn Trust
Drago Trust
Quit Claim Deed
related
—
Jan 29, 2001
—
Rockin E Ranch INC
Net Lease Income & Growth Fund
Grant Deed
related
—
Apr 26, 2000
—
Wuest Estate Co
Net Lease Income & Growth Fund
Grant Deed
related
—
Dec 13, 1999
—
William J Mcnaughtan
Net Lease Income & Growth Fund
Grant Deed
related
—
Nov 16, 1999
—
Blache Trust
Net Lease Income & Growth Fund
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.
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