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Property profile & analytics
OFF-MARKET
Estimated value
$4,340,000
Office buildings
1968 Craig Rd Ste 100 Saint Louis, MO 63146-4160
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US48-0368040
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Total area
40,970 SF
Lot
3 ac (130,680 SF)
Zoning code
104M-1
APN
15O-3-4-046-1
UPID
US48-0368040
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
$4.61M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.52M
Blend (final)
Blend
$4.34M
Owner & transaction history
Cp1 LLC · 4 yrs held
Cp1 LLC
since 2021
Last sale
$3.6M
5 recorded transactions
Zoning & alternative use
104M-1 · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$6.3M
+3.2%
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
$4,465,000
ML approach
$4,610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,120,000
Current use
MEDICAL BUILDING
$6,315,000
Change: +3% · Conversion: Easy
AUTO REPAIR, GARAGE
$5,110,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$4.34M
Range $3.91M – $4.77M · ±10% · vs last sale $3.55M (Dec 23 2021)
Last sale anchor
$3.55M
Dec 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
$106 / 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
$88,877
Tax year 2023
Assessed value
$862,750
Assessed 2023
Previous assessed
$736,000
+17.2% YoY
Effective rate
10.30%
On assessed value
Assessed land
$167,260
Assessed improvement
$695,490
Land market value
$522,700
Improvement market value
$2,173,400
Total market value
$2,696,100
Applied tax rate
108.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1979
Heating
NONE
Stories
1
Total area
40,970 SF
Lot
3 ac (130,680 SF)
Zoning code
104M-1
APN
15O-3-4-046-1
UPID
US48-0368040
Jurisdiction
ST LOUIS
Zoning & alternative use
104M-1 · Saint Louis, MO
Zoning 104M-1 · permitted uses
104M-1 · 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
OFFICE BUILDING Current
Est. value
$6.1M
MEDICAL BUILDING
Est. value
$6.3M
AUTO REPAIR, GARAGE
Est. value
$5.1M
OFFICE BUILDING 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
1979
Heating
NONE
Stories
1
Lot
3 ac
Current owner
From public records · entity-resolved
Cp1 LLC
Entity
Mailing address
8112 MARYLAND AVE STE #250, SAINT LOUIS, MO 63105-3908
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2021
$3,550,000
Cp1 LLC
Av Ventures LLC
Special Warranty Deed
$3,177,487 · Enterprise Bank & Trust
Nov 8, 2005
$3,500,000
Av Ventures LLC
Owen Craig LLC
Grant Deed
$3,119,000 · Missouri State Bank & Trust Co
—
—
Av Ventures LLC
—
Deed Of Trust
related
$80,000 · Southwest Bank Of St Louis
—
—
Owen Dev Partners
—
Deed Of Trust
related
$100,000 · National City Bank Midwest
—
—
Av Ventures LLC
—
Deed Of Trust
related
$3,281,000 · Carrollton 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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