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Property profile & analytics
FOR LEASE
Retail space
203 S Truman Blvd Crystal City, MO 63019
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US48-1232590
For Lease
1 / 2
$2,865,000
203 S Truman Blvd, Crystal City, MO 63019
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1980
Total area
61,275 SF
Lot
11.97 ac (521,413 SF)
Zoning code
CT1
APN
19-3.0-05.0-3-004-011.
UPID
US48-1232590
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
-
Pizza Hut Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.87M
Owner & transaction history
Ulta Salon Cosmetics & Fragrance In
Ulta Salon Cosmetics & Fragrance In
since 2026
7 recorded transactions
Zoning & alternative use
CT1 · Crystal City, 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 Crystal City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Crystal City 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
APARTMENT HOUSE (5+ UNITS)
$4,370,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$2.87M
Range $2.58M – $3.15M · ±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
$47 / 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
$47,547
Tax year 2023
Assessed value
$716,700
Assessed 2024
Previous assessed
$716,700
+0.0% YoY
Effective rate
6.63%
On assessed value
Assessed land
$208,600
Assessed improvement
$508,100
Land market value
$651,800
Improvement market value
$1,587,900
Total market value
$2,239,700
Applied tax rate
47.0000
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
For Lease
Year built
1980
Heating
YES
Buildings
2
Bathrooms
1
Total area
61,275 SF
Lot
11.97 ac (521,413 SF)
Zoning code
CT1
APN
19-3.0-05.0-3-004-011.
UPID
US48-1232590
Jurisdiction
JEFFERSON
Zoning & alternative use
CT1 · Crystal City, MO
Zoning CT1 · permitted uses
CT1 · Crystal City, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Crystal City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.4M
APARTMENT HOUSE (5+ UNITS)
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
1980
Heating
YES
Buildings
2
Bathrooms
1
Lot
11.97 ac
Current owner
From public records · entity-resolved
Ulta Salon Cosmetics & Fragrance In
Individual
Mailing address
17195 NEW COLLEGE AVE, GROVER, MO 63040-1100
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Mar 26, 2026
—
Ulta Salon Cosmetics & Fragrance In
Twin City Estate Corporation
Deed
—
Jun 21, 2023
—
Marshalls Of Ma INC
Twin City Esttae Corporation
Lease
—
Feb 9, 2021
—
Twin City Estate Corporation
—
Deed
related
$7,600,000 · Royal Banks Of Missouri
Mar 27, 2013
—
Twin City Estate Corp
—
Loan Modification
related
$1,050,000 · Reliance Bank
May 1, 2012
—
Twin City Estate Corp
—
Deed Of Trust
related
$2,113,025 · Reliance Bank
Dec 19, 2011
—
Twin City Estate Corp
—
Deed Of Trust
related
$4,100,000 · Reliance Bank
—
—
Twin City Estate Corp
—
Deed Of Trust
related
$4,100,000 · Reliance Bank
—
—
Twin City Estate Corp
—
Loan Modification
related
$1,050,000 · Reliance Bank
—
—
Twin City Estate Corp
—
Deed Of Trust
related
$2,000,000 · Reliance 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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