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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Industrial properties
255 Monroe Ave Saint Louis, MO 63122-6126
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US48-0169759
Property profile
Verified
Property type
Industrial properties
Use group
CONSTRUCTION/CONTRACTING SERVICES
Year built
2000
Construction
FRAME
Total area
2,050 SF
Lot
0.63 ac (27,452 SF)
Zoning code
32I1
APN
24M-5-3-046-2
UPID
US48-0169759
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
-
Kirkwood Home & Landscape + Julie's Garden Design Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$905k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$815k
Owner & transaction history
Kirkwood Home Properties LP · 4 yrs held
Kirkwood Home Properties LP
since 2021
Last sale
$725,000
7 recorded transactions
Zoning & alternative use
32I1 · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Citywide Zoning District Map
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
$910,000
ML approach
$905,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$815k
Range $734k – $897k · ±10% · vs last sale $725k (Aug 30 2021)
Last sale anchor
$725k
Aug 30 2021
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
$398 / 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
$12,890
Tax year 2023
Assessed value
$130,210
Assessed 2023
Previous assessed
$123,040
+5.8% YoY
Effective rate
9.90%
On assessed value
Assessed land
$70,270
Assessed improvement
$59,940
Land market value
$219,600
Improvement market value
$187,300
Total market value
$406,900
Applied tax rate
116.0000
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
CONSTRUCTION/CONTRACTING SERVICES
Status
Off-Market
Year built
2000
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Rooms
11
Total area
2,050 SF
Lot
0.63 ac (27,452 SF)
Zoning code
32I1
APN
24M-5-3-046-2
UPID
US48-0169759
Jurisdiction
ST LOUIS
Zoning & alternative use
32I1 · Saint Louis, MOZoning 32I1 · permitted uses
32I1 · Saint Louis, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Citywide Zoning District Map
Building & site characteristics
From public records
Year built
2000
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
11
Lot
0.63 ac
Current owner
From public records · entity-resolved
Kirkwood Home Properties LP
Entity
Mailing address
255 E MONROE AVE, SAINT LOUIS, MO 63122-6126
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2021
—
Kirkwood Home Properties LP
—
Deed
related
$300,000 · Bank Of Springfield
Aug 30, 2021
$725,000
Kirkwood Home Properties LP
Monroe Development LLC
Warranty Deed
$375,000 · Bank Of Springfield
Jan 13, 2021
—
Monroe Dev LLC
Stitz Gary D Trust
Grant Deed
—
Dec 18, 2020
—
Stitz,gary D Trust
Stitz Gary D Trust
Quit Claim Deed
related
—
Aug 18, 2020
—
Stitz,gary Trust
Dianne Stitz
Quit Claim Deed
related
—
Feb 2, 2009
$415,000
Gary Stitz
Monroe Properties LLC
Corporation Deed
$332,000 · First National Bank Of St Louis
Sep 26, 2005
—
Monroe Properties LLC
—
Trustees Deed
related
$200,000 · Truman Bank
—
—
Monroe Properties LLC
—
Deed Of Trust
related
$245,000 · Enterprise Bank & Trust
—
—
Monroe Properties LLC
—
Deed Of Trust
related
$50,000 · Truman 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.
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