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Property profile & analytics
OFF-MARKET
Estimated value
$1,665,000
Grocery and convenience stores
211 Lockwood Ave Saint Louis, MO 63119-2308
Entity Owned
25-yr Hold
Absentee Owner
Free & Clear
Property ID
US48-0224970
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2001
Construction
FRAME
Total area
14,575 SF
Lot
1.13 ac (49,223 SF)
Zoning code
64PC
APN
22L-3-2-166-1
UPID
US48-0224970
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
-
Straub's Grocery & Convenience Store Food Market
-
Midland States Bank Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.89M
Blend (final)
Blend
$1.67M
Owner & transaction history
211 W Lockwood LLC · 25 yrs held
211 W Lockwood LLC
since 2000
7 recorded transactions
Zoning & alternative use
64PC · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.7M
+3.2%
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
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
RETAIL STORES
$2,570,000
Current use
COMMERCIAL (GENERAL)
$2,650,000
Change: +3% · Conversion: Easy
MEDICAL BUILDING
$2,245,000
Change: -13% · Conversion: Difficult
OFFICE BUILDING
$2,175,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$1.67M
Range $1.50M – $1.83M · ±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
$114 / 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
$31,755
Tax year 2023
Assessed value
$332,770
Assessed 2023
Previous assessed
$337,920
-1.5% YoY
Effective rate
9.54%
On assessed value
Assessed land
$227,390
Assessed improvement
$105,380
Land market value
$710,600
Improvement market value
$329,300
Total market value
$1,039,900
Applied tax rate
134.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2001
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
14,575 SF
Lot
1.13 ac (49,223 SF)
Zoning code
64PC
APN
22L-3-2-166-1
UPID
US48-0224970
Jurisdiction
ST LOUIS
Zoning & alternative use
64PC · Saint Louis, MO
Zoning 64PC · permitted uses
64PC · 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
RETAIL STORES Current
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$2.2M
OFFICE BUILDING
Est. value
$2.2M
RETAIL STORES Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE 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
1.13 ac
Current owner
From public records · entity-resolved
211 W Lockwood LLC
Entity
Free & Clear · 25 yrs held
Mailing address
8282 FORSYTH BLVD, SAINT LOUIS, MO 63105-1626
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2017
—
211 W Lockwood LLC
—
Deed
related
$1,664,520 · Centruebank
Mar 23, 2010
—
211 W Lockwood LLC
—
Grant Deed
related
$8,000,000 · Champion Bank
Jul 23, 2008
—
211 W Lockwood LLC
—
Grant Deed
related
$9,000,000 · Champion Bank
Aug 31, 2000
—
211 W Lockwood LLC
Parkside Realty Co
Grant Deed
related
—
—
—
211 W Lockwood LLC
—
Deed Of Trust
related
$3,700,000 · Centruebank
—
—
211 W Lockwood LLC
—
Deed Of Trust
related
$903,000 · Centruebank
—
—
211 W Lockwood LLC
—
Loan Modification
related
$1,200,000 · Centruebank
—
—
211 W Lockwood LLC
—
Deed Of Trust
related
$1,000,000 · Centrue Bank
—
—
211 W Lockwood LLC
—
Deed Of Trust
related
$751,624 · Frontenac Bank
—
—
211 W Lockwood LLC
—
Deed Of Trust
related
$2,000,000 · Pioneer Bank & Trust
—
—
211 W Lockwood LLC
—
Deed Of Trust
related
$1,664,520 · Centruebank
—
—
211 W Lockwood LLC
—
Deed Of Trust
related
$1,000,000 · Pioneer Bank & Trust
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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