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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Industrial properties
2418 Northline Industrial Dr, Maryland Heights, MO 63043-3309
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US48-0880793
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1967
Construction
FRAME
Total area
9,000 SF
Lot
0.54 ac (23,583 SF)
Zoning code
104M-1
APN
14N-2-3-003-0
UPID
US48-0880793
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
$890k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$920k
Owner & transaction history
2418 Northline Industrial Dr Invest · 2 yrs held
2418 Northline Industrial Dr Invest
since 2023
Last sale
$940,000
7 recorded transactions
Zoning & alternative use
104M-1 · Maryland Heights, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.3M
+78.5%
Office building
$1.1M
+53.2%
Medical building
$1.1M
+52.6%
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 Maryland Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maryland Heights 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
$900,000
ML approach
$890,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$715,000
Current use
AUTO REPAIR, GARAGE
$1,280,000
Change: +79% · Conversion: Easy
OFFICE BUILDING
$1,095,000
Change: +53% · Conversion: Difficult
MEDICAL BUILDING
$1,095,000
Change: +53% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$895,000
Change: +25% · Conversion: Difficult
RETAIL STORES
$730,000
Change: +2% · Conversion: Moderate
COMMERCIAL (GENERAL)
$710,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10% · vs last sale $940k (Aug 9 2023)
Last sale anchor
$940k
Aug 9 2023
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
$102 / 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
$31,073
Tax year 2023
Assessed value
$299,780
Assessed 2023
Previous assessed
$177,380
+69.0% YoY
Effective rate
10.37%
On assessed value
Assessed land
$30,180
Assessed improvement
$269,600
Land market value
$94,300
Improvement market value
$842,500
Total market value
$936,800
Applied tax rate
126.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1967
Construction
FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
11
Bathrooms
6
Total area
9,000 SF
Lot
0.54 ac (23,583 SF)
Zoning code
104M-1
APN
14N-2-3-003-0
UPID
US48-0880793
Jurisdiction
ST LOUIS
Zoning & alternative use
104M-1 · Maryland Heights, MO
Zoning 104M-1 · permitted uses
104M-1 · Maryland Heights, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Maryland Heights. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$715,000
AUTO REPAIR, GARAGE
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$895,000
RETAIL STORES
Est. value
$730,000
COMMERCIAL (GENERAL)
Est. value
$710,000
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
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
1967
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Rooms
11
Bathrooms
6
Lot
0.54 ac
Current owner
From public records · entity-resolved
2418 Northline Industrial Dr Invest
Individual
Mailing address
2815 OLIVE ST, SAINT LOUIS, MO 63103-1427
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2023
$940,000
2418 Northline Industrial Dr Invest
Watchtower Asset Management LLC
Warranty Deed
$752,000 · Pnc Bank NA
May 1, 2013
$393,000
Watchtower Asset Management LLC
Richard I Harris
Warranty Deed
$270,000 · Pulaski Bank
Jul 10, 2008
—
Harris Richard Trust
Owner Name Unavailable
Affidavit Of Death
related
—
Jun 13, 2008
—
Richard I Harris
Richard I Harris
Intrafamily Transfer
related
—
Apr 9, 2008
—
Harris Florence Trust
Harris,florence
Quit Claim Deed
related
—
—
—
Watchtower Asset Mgmt LLC
—
Loan Modification
related
$357,000 · Pulaski Bk
—
—
Florence Harris
—
Deed Of Trust
related
$188,000 · Us 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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