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    2696 Babble Creek Ln O Fallon, MO 63368
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    Property profile & analytics

    2696 Babble Creek Ln, O Fallon, MO 63368

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    • Self service car washes
    • 3,504 SF
    • 0.92 lot acres
    For Sale
    $925,000
    View Listing →
    O'Fallon Redevelopment Opportunity For Sale
    $925,000
    0.92 Acres

    O'Fallon Redevelopment Opportunity

    Redevelopment property on 0.92 acres in O'Fallon, Missouri.

    O Fallon, MO 63368
    View Listing
    Property ID
    US48-1140349
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Waxed Car Wash / Car Wash

    Property Details for 2696 Babble Creek Ln

    Year built
    1996
    Lot size
    0.92 lot acres
    Property type
    Self service car washes
    APN
    2-0067-7557-00-000B.0000000
    APU
    20067755700000B0000000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 24, 2003 — Whitebeck Enterprises LLC Clean-n-cruise LLC Grant Deed $740k · Union Planters National Bank
    — — Whitbeck Ents LLC — Loan Modification · related $495k · Regions Bk/fayette
    — — Whitbeck Ents LLC — Loan Modification · related $312k · Regions Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,060,000
      Market price range: $321k - $1.06M
      AI Estimate
      $1,060,000
      Market price range: $321k - $1.06M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $680,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    O Fallon
    County
    St. Charles
    State
    Missouri
    Longitude
    -90.7006
    Latitude
    38.771
    CBSA code
    41180
    CBSA name
    ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $0.00
    $0.00
    $225,406
    -
    $495,928
    $208,471
    $704,399

    Comparable in this City

    • Value Estimation
      $3,640,000
      17,922 SF

      2999 Hwy K K

      CAR WASH - AUTOMATED
      2999 Hwy K K, O Fallon, MO 63368-7862
      View Details
    • Value Estimation
      $925,000
      5,470 SF

      101 Fallon Loop Rd

      CAR WASH - AUTOMATED
      101 Fallon Loop Rd, O Fallon, MO 63368-7309
      View Details
    • Value Estimation
      $8,550,000
      42,277 SF

      501 Auto Mall Dr

      VEHICLE SALES, RENTALS
      501 Auto Mall Dr, O Fallon, MO 63368-2204
      View Details
    • Value Estimation
      $2,300,000
      8,451 SF

      2418 Hwy K K

      AUTO REPAIR, GARAGE
      2418 Hwy K K, O Fallon, MO 63368-6662
      View Details
    • Value Estimation
      $1,520,000
      5,940 SF

      3004 Hwy K K

      AUTO REPAIR, GARAGE
      3004 Hwy K K, O Fallon, MO 63368-8675
      View Details
    • Value Estimation
      $5,195,000
      12,298 SF

      700 Corporate Ctr Dr

      AUTO REPAIR, GARAGE
      700 Corporate Ctr Dr, O Fallon, MO 63368-8632
      View Details

    Similar Nearby for Sale

    • $925,000
      0.92 Acres

      O'Fallon Redevelopment Opportunity

      Redevelopment property on 0.92 acres in O'Fallon, Missouri.
      2696 Babble Creek Ln, O Fallon, MO 63368
      View Details
    • Contact for pricing
      4,095 SF

      Brewery and Restaurant Opportunity

      4,095 SF building with complete brewing room and equipment.
      7434 Village Center Dr, O Fallon, MO 63368
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    • Contact for pricing

      1.95 Acres For Sale

      1.95 acres suitable for retail, office, or medical use.
      3019 Winghaven Blvd, O Fallon, MO 63368
      View Details
    • $650,000

      Prime Commercial Land I-64 Visibility

      2.18 acres with C-3 zoning and I-64 visibility.
      4 Marian Dr, O Fallon, MO 63368
      View Details
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      106,400 SF

      Dardenne Prairie Industrial Land Available

      Pad-ready industrial land with utilities in Dardenne Prairie, Missouri.
      1635 Technology Dr, Dardenne Prairie, MO 63368
      View Details
    • Contact for pricing

      Residential Lots Near Town Square

      Two residential lots near town square center.
      7706-7712 State Hwy N, O Fallon, MO 63368
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      O'Fallon Retail Space For Lease

      Prime O'Fallon, MO retail opportunity.
      7817 Town Sq Ave, O'Fallon, MO 63368
      View Details
    • Contact for pricing
      1,924 SF

      Retail Space with Highway Visibility

      Retail storefronts with ample parking and strong demographics.
      4679-4699 State Hwy, O Fallon, MO 63368
      View Details
    • Contact for pricing
      1,873 SF

      Retail Space with Highway Visibility

      Retail storefronts with ample parking and strong demographics.
      4601-4669 State Hwy, O Fallon, MO 63368
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in O'Fallon Center

      Prominent retail space in a renovated O'Fallon shopping center.
      2426-2436 Highway K, O Fallon, MO 63368
      View Details
    • Contact for pricing
      3,459 SF

      Retail Space Near Industrial Park

      Retail space with high visibility and ample parking available.
      929-991 Waterbury Falls Dr, O Fallon, MO 63368
      View Details
    • Contact for pricing

      Restaurant Space on Highway K

      7,930 SF restaurant space with ample parking.
      4551 State Hwy, O Fallon, MO 63368
      View Details
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    O Fallon, MO 63368
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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