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Property profile & analytics
OFF-MARKET
Estimated value
$3,625,000
Residential income homes
216 Meramec Ave, Saint Louis, MO 63105-3702
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US48-3389408
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
2010
Construction
TYPE NOT SPECIFIED
Total area
43,468 SF
Lot
0.54 ac (23,679 SF)
Zoning code
14PUD
APN
18K-3-3-096-2
UPID
US48-3389408
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
-
LibertyX Bitcoin ATM Atm
-
Hampton Inn and Suites Clayton/St Louis-Galleria Area Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.63M
Owner & transaction history
Metlife Real Estate Lending LLC · 1 yrs held
Metlife Real Estate Lending LLC
since 2024
4 recorded transactions
Zoning & alternative use
14PUD · Saint Louis, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$83 / 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
$263,883
Tax year 2023
Assessed value
$2,741,730
Assessed 2023
Previous assessed
$2,428,800
+12.9% YoY
Effective rate
9.62%
On assessed value
Assessed land
$644,100
Assessed improvement
$2,097,630
Land market value
$2,012,800
Improvement market value
$6,555,100
Total market value
$8,567,900
Applied tax rate
106.0000
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
2010
Construction
TYPE NOT SPECIFIED
Heating
HOT WATER
Cooling
CENTRAL
Stories
5
Rooms
11
Bathrooms
7
Total area
43,468 SF
Lot
0.54 ac (23,679 SF)
Zoning code
14PUD
APN
18K-3-3-096-2
UPID
US48-3389408
Jurisdiction
ST LOUIS
Zoning & alternative use
14PUD · Saint Louis, MO
Zoning 14PUD · permitted uses
14PUD · 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.
Building & site characteristics
From public records
Year built
2010
Construction
TYPE NOT SPECIFIED
Heating
HOT WATER
Cooling
Yes
Stories
5
Rooms
11
Bathrooms
7
Lot
0.54 ac
Current owner
From public records · entity-resolved
Metlife Real Estate Lending LLC
Entity
Mailing address
1 EXECUTIVE BLVD, YONKERS, NY 10701-6822
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2024
—
Metlife Real Estate Lending LLC
Avr Clayton Hotel LLC
Deed
$118,000,000 · Metlife Real Estate Lending LLC
Dec 26, 2018
$23,500
Avr Clayton Hotel LLC
Rbp Clayton LLC
Grant Deed
$265,950,000 · Manufacturers & Traders Tr
Oct 2, 2012
$2,500,000
Rbp Clayton LLC
River Landing LLC
Grant Deed
—
Oct 15, 2007
$3,500,000
River Landing LLC
Daniele Hotel Partnership
Special Warranty Deed
$3,000,000 · Commerce Bank NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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