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Property profile & analytics
OFF-MARKET
Estimated value
$2,100,000
Office buildings
255 Spencer Rd Saint Peters, MO 63376-2494
Trust Owned
~
Est. High Equity
Property ID
US48-0908451
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1991
Total area
19,752 SF
Lot
2.01 ac (87,556 SF)
Zoning code
AB3
APN
2-0110-7946-00-001A.0000000
UPID
US48-0908451
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
-
Dr. Dawn M. Holemon, MD Physician
-
Saaid Khojasteh, MD Physician
-
Dr. Paul B. Simon, DO Physician
-
Makki Mojgan MD Physician
-
LifeStance Health - St. Peters, formerly Advent Behavioral Care Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.10M
Blend (final)
Blend
$2.10M
Owner & transaction history
Reid Trust II
Reid Trust II
since 2025
6 recorded transactions
Zoning & alternative use
AB3 · Saint Peters, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.4M
+24.4%
Retail stores
$3.3M
+19.9%
Neighborhood: shopping center
$2.8M
+2.0%
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 Peters submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Peters 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
OFFICE BUILDING
$2,750,000
Current use
AUTO REPAIR, GARAGE
$3,425,000
Change: +24% · Conversion: Difficult
RETAIL STORES
$3,300,000
Change: +20% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,805,000
Change: +2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,690,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$2.10M
Range $1.89M – $2.31M · ±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
$106 / 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
Property tax & assessments
Assessed value
$386,958
Assessed 2023
Previous assessed
$312,543
+23.8% YoY
Land market value
$306,446
Improvement market value
$902,799
Total market value
$1,209,245
Applied tax rate
2.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1991
Heating
NONE
Stories
2
Bathrooms
1
Total area
19,752 SF
Lot
2.01 ac (87,556 SF)
Zoning code
AB3
APN
2-0110-7946-00-001A.0000000
UPID
US48-0908451
Jurisdiction
ST CHARLES
Zoning & alternative use
AB3 · Saint Peters, MO
Zoning AB3 · permitted uses
AB3 · Saint Peters, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint Peters. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$3.4M
RETAIL STORES
Est. value
$3.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
COMMERCIAL (GENERAL)
Est. value
$2.7M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1991
Heating
NONE
Stories
2
Bathrooms
1
Lot
2.01 ac
Current owner
From public records · entity-resolved
Reid Trust II
Trust
Mailing address
255 SPENCER RD, SAINT PETERS, MO 63376-2494
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2025
—
Reid Trust II
Shoker Properties LLC
Warranty Deed
$1,600,000 · St Louis Bank
Jul 11, 2023
—
Shooker Properties LLC
The Impact Group LLC
Special Warranty Deed
$1,508,750 · F & M Bank & Trust Company
Jan 5, 2006
$1,450,000
Impact Group LLC
National Information Solutions
Grant Deed
$985,000 · General Elec Cap
Jun 20, 2001
—
National Information Solutions
Central Area Data Processing
Grant Deed
related
—
—
—
Impact Group LLC
—
Deed Of Trust
related
$873,935 · Regions Bk/fayette
—
—
Impact Group LLC
—
Deed Of Trust
related
$811,000 · St Charles Cnty Economic Dev C
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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