New search
Property profile & analytics
OFF-MARKET
Office Spaces
206 Church St Union, MO 63084-1853
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US48-0733615
Property summary
AI-generated overview
This 1,560 square foot executive office building, situated on a 2,526 square foot lot at 206 S Church St, Union, MO 63084, presents a compelling investment opportunity. Built in 1973, the single-story structure boasts a prime downtown location, conveniently close to the courthouse, county building, shopping, and dining options. High visibility is ensured by its placement on N Church St, featuring a prominent display window. Currently configured as office space with a reception area and two full bathrooms, plus an additional sink, the property offers versatile potential. Its zoning permits commercial use, making it suitable for a variety of businesses, including retail storefronts, professional offices, or even medical, dental, or veterinary services. The building's proximity to Hwy 50 (within approximately 250 feet) further enhances its accessibility and appeal. The asking price is $199,000, translating to $127.56 per square foot. Serious inquiries only
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1950
Total area
1,560 SF
Lot
0.1 ac (4,356 SF)
APN
17-7-26.0-3-005-103.000
UPID
US48-0733615
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Unnerstall Land Planners LLC · 1 yrs held
Unnerstall Land Planners LLC
since 2024
2 recorded transactions
Zoning & alternative use
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 Union submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Union 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,850
Tax year 2023
Assessed value
$28,490
Assessed 2023
Previous assessed
$28,490
+0.0% YoY
Effective rate
6.49%
On assessed value
Land market value
$12,580
Improvement market value
$76,450
Total market value
$89,030
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1950
Heating
NONE
Rooms
2
Total area
1,560 SF
Lot
0.1 ac (4,356 SF)
APN
17-7-26.0-3-005-103.000
UPID
US48-0733615
Jurisdiction
FRANKLIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1950
Heating
NONE
Rooms
2
Lot
0.1 ac
Current owner
From public records · entity-resolved
Unnerstall Land Planners LLC
Entity
Mailing address
18 GRAESER ACRES, SAINT LOUIS, MO 63146-5509
Ownership since
2024
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 1, 2024
—
Unnerstall Land Planners LLC
Janet Dieckgraefe
Warranty Deed
$85,000 · Sullivan Bank
Feb 15, 2022
—
Katherine Alstadt
Dickey Trust
Quit Claim Deed
related
—
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 Church St?
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.
