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Property profile & analytics
OFF-MARKET
Estimated value
$18,405,000
Retail properties & Spaces
2700 Rdg Pt Dr High Ridge, MO 63049-2201
Entity Owned
13-yr Hold
Free & Clear
Property ID
US48-1137627
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
2012
Total area
155,242 SF
Lot
22.76 ac (991,426 SF)
Zoning code
R09
APN
03-6.0-13.0-4-001-003.06
UPID
US48-1137627
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
-
TNT Fireworks Discount Store Party Supply Store
-
Walmart Photo Center (Bike/Boat/Book/etc) Store
-
Walmart Vision & Glasses Physician
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Walmart Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$16.29M
Blend (final)
Blend
$18.41M
Owner & transaction history
WALMART REAL EST BUS TRUST
WALMART REAL EST BUS TRUST
Zoning & alternative use
R09 · High Ridge, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$24.1M
+22.4%
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 High Ridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs High Ridge 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
RETAIL STORES
$19,730,000
Current use
COMMERCIAL (GENERAL)
$24,140,000
Change: +22% · Conversion: Easy
AUTO REPAIR, GARAGE
$18,640,000
Change: -6% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$15,965,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$18.41M
Range $16.56M – $20.25M · ±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
$119 / 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
$302,954
Tax year 2023
Assessed value
$4,081,400
Assessed 2024
Previous assessed
$4,081,400
+0.0% YoY
Effective rate
7.42%
On assessed value
Assessed land
$1,503,500
Assessed improvement
$2,577,900
Land market value
$4,698,300
Improvement market value
$8,056,000
Total market value
$12,754,300
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
2012
Heating
YES
Bathrooms
1
Total area
155,242 SF
Lot
22.76 ac (991,426 SF)
Zoning code
R09
APN
03-6.0-13.0-4-001-003.06
UPID
US48-1137627
Jurisdiction
JEFFERSON
Zoning & alternative use
R09 · High Ridge, MO
Zoning R09 · permitted uses
R09 · High Ridge, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
High Ridge. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$19.7M
COMMERCIAL (GENERAL)
Est. value
$24.1M
AUTO REPAIR, GARAGE
Est. value
$18.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$16.0M
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
2012
Heating
YES
Bathrooms
1
Lot
22.76 ac
Current owner
From public records · entity-resolved
WALMART REAL EST BUS TRUST
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 8050, BENTONVILLE, AR 72712-8055
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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