Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Office buildings
206 Central Ave Eureka, MO 63025-1824
Individually Owned
24-yr Hold
~
Est. High Equity
Property ID
US48-0215547
Property summary
AI-generated overview
This Class-A, two-story office building, totaling 5,450 square feet, offers flexible spaces ideal for various business types. Located in the heart of Old Town Eureka, this landmark "Clock Tower" building provides convenient access to I-44 and the I-270 interchange. Individual suites range from 800 to 1,000 contiguous square feet, with a minimum divisible space of 800 square feet. Each suite boasts a private restroom and is move-in ready. The building features a dedicated parking lot and ample street parking. Enjoy the vibrant atmosphere of Old Town Eureka, with its diverse selection of restaurants, shops, and recreational amenities within walking distance. Nearby attractions include the Meramec Greenway Trail, Legion Park, and Eureka Mountain Bike Park. Major retailers like Schnucks and St. Louis Bread Co. are conveniently located across the interstate. This property is perfect for businesses seeking a prime location with easy access to major roadways and a thriving community. The building was constructed in 2001 and currently has one available suite.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2001
Construction
FRAME
Total area
6,334 SF
Lot
0.33 ac (14,375 SF)
Zoning code
98C
APN
29V-3-3-150-2
UPID
US48-0215547
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
by Request
Comparable Approach
Comparable
$937k
Blend (final)
Blend
$865k
Owner & transaction history
Clock Tower Square Building · 24 yrs held
Clock Tower Square Building
since 2001
2 recorded transactions
Zoning & alternative use
98C · Eureka, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$995,000
+5.6%
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 Eureka submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eureka 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
OFFICE BUILDING
$945,000
Current use
RETAIL STORES
$995,000
Change: +6% · Conversion: Moderate
AUTO REPAIR, GARAGE
$900,000
Change: -5% · Conversion: Difficult
MEDICAL BUILDING
$770,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$865k
Range $779k – $952k · ±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
$137 / 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
$21,622
Tax year 2023
Assessed value
$232,570
Assessed 2023
Previous assessed
$179,960
+29.2% YoY
Effective rate
9.30%
On assessed value
Assessed land
$27,260
Assessed improvement
$205,310
Land market value
$85,200
Improvement market value
$641,600
Total market value
$726,800
Applied tax rate
110.0000
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
2001
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
6,334 SF
Lot
0.33 ac (14,375 SF)
Zoning code
98C
APN
29V-3-3-150-2
UPID
US48-0215547
Jurisdiction
ST LOUIS
Zoning & alternative use
98C · Eureka, MO
Zoning 98C · permitted uses
98C · Eureka, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eureka. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$945,000
RETAIL STORES
Est. value
$995,000
AUTO REPAIR, GARAGE
Est. value
$900,000
MEDICAL BUILDING
Est. value
$770,000
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2001
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Clock Tower Square Building
Individual
Mailing address
208 N CENTRAL AVE STE A, EUREKA, MO 63025-1850
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2001
—
Clock Tower Square Building
Baker,troy L & Patricia A
Grant Deed
$770,000 · Money Store Investment Corp
—
—
Clock Tower Sq Building LLC
—
Deed Of Trust
related
$675,000 · First Advantage 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 206 Central Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
