Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    2015 Lemay Fry Rd Saint Louis, MO 63125-2434

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2015 Lemay Fry Rd Saint Louis, MO 63125-2434

    View on Map
    • Retail space
    • 13,793 SF
    • 1.07 lot acres
    Off-Market
    Property ID
    US48-0220746
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $870,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 2015 Lemay Fry Rd

    Year built
    1940
    Construction
    FRAME
    Lot size
    1.07 lot acres
    Property size
    13,793 SF
    Zone code
    C3
    Property type
    Retail space
    APN
    27H-2-1-095-6
    APU
    27H210956

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $720,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $907,000
      Market price range: $804k - $2.71M
      AI Estimate
      $976,000
      Market price range: $910k - $2.21M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,335,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,410,000
      Change: +6% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Saint Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.2971
    Latitude
    38.5255
    CBSA code
    41180
    CBSA name
    ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $23,217
    $74,560
    $176,930
    $251,490
    -
    $233,000
    $552,900
    $785,900

    Comparable in this City

    • Value Estimation by Request
      14,050 SF

      3270 Telegraph Rd St

      Individual retail properties • 14,050 SF
      3270 Telegraph Rd St, St. Louis, MO 63125
      View Details
    • Value Estimation by Request
      1.01 Acres

      1100-1120 Lemay Fry Rd St

      Individual retail properties • 2,013 SF
      1100-1120 Lemay Fry Rd St, St. Louis, MO 63125
      View Details
    • Value Estimation by Request

      4080 Bayless Ave

      RETAIL STORES (PERSONAL SERVICES)
      4080 Bayless Ave, Saint Louis, MO 63125-1316
      View Details
    • Value Estimation
      $530,000
      0.05 Acres

      3501 Weber Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.05 Acres
      3501 Weber Rd, Saint Louis, MO 63125
      View Details
    • Value Estimation
      $660,000
      8,868 SF

      3989 Bayless Ave

      RETAIL STORES (PERSONAL SERVICES) • 8,868 SF
      3989 Bayless Ave, Saint Louis, MO 63125-1441
      View Details
    • Value Estimation by Request
      1,032 SF

      8905th S Broadway

      RETAIL STORES (PERSONAL SERVICES) • 1,032 SF
      8905th S Broadway, Saint Louis, MO 63125-1514
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,013 SF

      Retail Space on Lemay Ferry

      Retail space available on Lemay Ferry Road in St. Louis.
      1100-1120 Lemay Fry Rd St, Louis, MO 63125
      View Details
    • $549,900
      5,879 SF

      Multi-Use Property with Income Potential

      Multi-use property with storefront, shop, and apartment.
      234 Lemay Fry Rd St, Louis, MO 63125
      View Details
    • $549,900
      5,801 SF

      Versatile Multi-Use Building For Sale

      Multi-use building with apartment, storefront, and shop spaces.
      234 Lemay Fry Rd St, Louis, MO 63125
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      2651 Telegraph Rd St, Louis, MO 63125
      View Details
    • $225,000
      1,232 SF

      Lemay Duplex with Rental Income

      Well-maintained duplex in Lemay, ideal for investors or owner-occupants.
      317 Forbes Ave St, Louis, MO 63125
      View Details
    • Contact for pricing

      Retail Opportunity on Lemay Ferry

      Retail property available for sale on Lemay Ferry Road.
      1032 Lemay Ferry Rd, Lemay, MO 63125
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      9,960 SF

      Retail Space with High Traffic

      Retail space with easy access and high traffic.
      3641-3661 Reavis Barracks Rd, Saint Louis, MO 63125
      View Details
    • Contact for pricing
      859 SF

      Retail Space in South County

      Retail space with high visibility and easy access.
      7449-7463 S Lindbergh Blvd, Saint Louis, MO 63125
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in St. Louis, Missouri.
      3196 Telegraph Rd St, Louis, MO 63125
      View Details
    • $10 SF/Yr
      45,302 SF

      Retail Space in High Traffic Area

      Retail space with easy access and high traffic.
      3661 Reavis Barracks Rd St, Louis, MO 63125
      View Details
    • Contact for pricing

      Retail Space in Ritz Center

      Retail space available for lease in Mehlville, Missouri.
      Ritz Ctr, Mehlville, MO 63125
      View Details
    • Contact for pricing

      Retail Space in Oakville

      Retail space in a progressive and diverse business environment.
      3270 Telegraph Rd St, Louis, MO 63125
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2015 Lemay Fry Rd
    Saint Louis, MO 63125-2434
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    2015 Lemay Fry Rd, Saint Louis, MO, 63125

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!