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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Investment properties
1903-1905 Park Ave, Saint Louis, MO 63104
Entity Owned
7-yr Hold
Property ID
US48-3378453
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1884
Construction
BRICK
Total area
2,570 SF
Lot
0.04 ac (1,894 SF)
Zoning code
F
APN
048400-02107
UPID
US48-3378453
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
$465k
Comparable Approach
Comparable
$629k
Blend (final)
Blend
$565k
Owner & transaction history
Kl Capital LLC · 7 yrs held
Kl Capital LLC
since 2018
5 recorded transactions
Zoning & alternative use
F · Saint Louis, 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 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%
$505,000
6.5%
$465,000
7%
$430,000
Blend value · Realmo final
$565k
Range $509k – $622k · ±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
$220 / 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
$12,028
Tax year 2023
Assessed value
$133,500
Assessed 2023
Previous assessed
$133,500
+0.0% YoY
Effective rate
9.01%
On assessed value
Assessed land
$6,970
Assessed improvement
$126,530
Land market value
$29,300
Improvement market value
$493,900
Total market value
$523,200
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
1884
Construction
BRICK
Heating
YES
Cooling
CENTRAL
Stories
2
Units
2
Total area
2,570 SF
Lot
0.04 ac (1,894 SF)
Zoning code
F
APN
048400-02107
UPID
US48-3378453
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.
Building & site characteristics
From public records
Year built
1884
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
2
Units
2
Lot
0.04 ac
Current owner
From public records · entity-resolved
Kl Capital LLC
Entity
Mailing address
PO BOX 50116, SAINT LOUIS, MO 63105-5116
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2018
$648,000
Kl Capital LLC
Kartikeya Ventures LLC
Warranty Deed
related
$518,400 · Midwest Reg'l Bk
Jul 26, 2012
—
Kartikeya Ventures LLC
Goodco LLC
Warranty Deed
related
—
Jul 8, 2010
—
Park Avenue Mt LLC
—
Deed Of Trust
related
$7,680,000 · St Louis New Markets Tax Credi
Oct 14, 2009
—
1801 Park Associates LLC
—
Deed Of Trust
related
$2,450,000 · Great Southern Bank
Mar 19, 2003
—
Goodco LLC
Moore,daniel
Grant Deed
$210,500 · Privatebank
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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