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Property profile & analytics
OFF-MARKET
Estimated value
$8,270,000
Investment properties
2001 Hanley Rd Saint Louis, MO 63144-1501
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US48-0707861
Property summary
AI-generated overview
Hanley Plaza, located at 2001 S Hanley Road in Brentwood, Missouri, offers 68,000 square feet of Class B office space. This multi-tenant building, originally home to the Wallace Pencil Company, has been renovated into flexible creative office suites ideal for a variety of businesses. Currently, there are eight suites available, ranging from 800 to 4,296 contiguous square feet, with a total of 19,140 square feet currently vacant. The property boasts convenient access to major highways, including I-170 and the Hanley/I-64/40 interchange, providing easy commutes throughout the St. Louis metropolitan area. Its prime location in St. Louis County places it within close proximity to vibrant neighborhoods such as Clayton, Brentwood, Richmond Heights, and Maplewood, offering employees a wealth of nearby amenities. A planned modernization, including significant capital improvements, is scheduled for completion by the end of 2022, further enhancing the property's appeal. The building's zip code is 63144. This is an excellent opportunity for businesses seeking modern, flexible office space in a highly desirable location.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1918
Total area
30,503 SF
Lot
3.56 ac (155,074 SF)
Zoning code
9LID
APN
20K-3-2-001-2
UPID
US48-0707861
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
Current use
Occupant on record · Public records
-
Hensley Construction Inc Construction Company
-
Brenda L. Kingen, DC Alternative Medicine Practice
-
Sheri B. Mcguire, DC Alternative Medicine Practice
-
Upaya Counseling, LLC Counselor Mental Health Service
-
Julie Gallagher Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.38M
CAP Approach
CAP
$5.77M
Comparable Approach
Comparable
$8.62M
Blend (final)
Blend
$8.27M
Owner & transaction history
Hanley Plaza LLC · 4 yrs held
Hanley Plaza LLC
since 2022
Last sale
$8.0M
4 recorded transactions
Zoning & alternative use
9LID · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.5M
+52.2%
Retail stores
$6.9M
+23.7%
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
$8,355,000
ML approach
$8,380,000
CAP Approach
CAP Return
Estimation
6%
$6,255,000
6.5%
$5,770,000
7%
$5,360,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,550,000
Current use
RESTAURANT
$8,450,000
Change: +52% · Conversion: Difficult
RETAIL STORES
$6,865,000
Change: +24% · Conversion: Easy
Blend value · Realmo final
$8.27M
Range $7.44M – $9.10M · ±10% · vs last sale $8.00M (May 5 2022)
Last sale anchor
$8.00M
May 5 2022
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
$271 / 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
$213,042
Tax year 2023
Assessed value
$2,179,230
Assessed 2023
Previous assessed
$1,470,560
+48.2% YoY
Effective rate
9.78%
On assessed value
Assessed land
$396,990
Assessed improvement
$1,782,240
Land market value
$1,240,600
Improvement market value
$5,569,500
Total market value
$6,810,100
Applied tax rate
104.0000
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
1918
Heating
FORCED AIR
Buildings
3
Stories
2
Rooms
11
Total area
30,503 SF
Lot
3.56 ac (155,074 SF)
Zoning code
9LID
APN
20K-3-2-001-2
UPID
US48-0707861
Jurisdiction
ST LOUIS
Zoning & alternative use
9LID · Saint Louis, MO
Zoning 9LID · permitted uses
9LID · 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
COMMERCIAL (GENERAL) Current
Est. value
$5.6M
RESTAURANT
Est. value
$8.5M
RETAIL STORES
Est. value
$6.9M
COMMERCIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
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
1918
Heating
FORCED AIR
Stories
2
Buildings
3
Rooms
11
Lot
3.56 ac
Current owner
From public records · entity-resolved
Hanley Plaza LLC
Entity
Mailing address
600 EMERSON RD STE #210, SAINT LOUIS, MO 63141-6762
Ownership since
2022
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
May 5, 2022
$8,000,000
Hanley Plaza LLC
Two Thousand One Hanley Center LLC
Warranty Deed
$5,360,000 · Inb National Association
—
—
Two Thousand One Hanley Center
—
Deed Of Trust
related
$3,250,000 · Transamerica Occidental Life
—
—
Two Thousand One Hanley Center
—
Deed Of Trust
related
$2,500,000 · Business Bk/st Louis
—
—
Two Thousand One Hanley Ctr Ll
—
Loan Modification
related
$2,500,000 · First Mid Bk&tr NA
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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