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Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Retail space
2705 Hwy 67 Florissant, MO 63033-1401
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US48-0449651
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Construction
METAL FRAME
Total area
4,000 SF
Lot
1.48 ac (64,382 SF)
Zoning code
24B4
APN
07H-4-1-003-5
UPID
US48-0449651
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
$885k
CAP Approach
CAP
$830k
Comparable Approach
Comparable
$587k
Blend (final)
Blend
$865k
Owner & transaction history
N Hwy 67 LLC · 2 yrs held
N Hwy 67 LLC
since 2024
Last sale
$875,000
4 recorded transactions
Zoning & alternative use
24B4 · Florissant, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$770,000
+98.9%
Office building
$565,000
+46.8%
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 Florissant submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Florissant 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
$865,000
ML approach
$885,000
CAP Approach
CAP Return
Estimation
6%
$895,000
6.5%
$830,000
7%
$770,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$770,000
Change: +99% · Conversion: Difficult
OFFICE BUILDING
$565,000
Change: +47% · Conversion: Easy
Blend value · Realmo final
$865k
Range $779k – $952k · ±10% · vs last sale $875k (Feb 7 2024)
Last sale anchor
$875k
Feb 7 2024
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
$216 / 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
$26,667
Tax year 2023
Assessed value
$240,000
Assessed 2023
Previous assessed
$203,490
+17.9% YoY
Effective rate
11.11%
On assessed value
Assessed land
$164,830
Assessed improvement
$75,170
Land market value
$515,100
Improvement market value
$234,900
Total market value
$750,000
Applied tax rate
111.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2000
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
4
Stories
1
Rooms
11
Total area
4,000 SF
Lot
1.48 ac (64,382 SF)
Zoning code
24B4
APN
07H-4-1-003-5
UPID
US48-0449651
Jurisdiction
ST LOUIS
Zoning & alternative use
24B4 · Florissant, MO
Zoning 24B4 · permitted uses
24B4 · Florissant, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Florissant. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$770,000
OFFICE BUILDING
Est. value
$565,000
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
2000
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Rooms
11
Lot
1.48 ac
Current owner
From public records · entity-resolved
N Hwy 67 LLC
Entity
Mailing address
2460 EXECUTIVE DR STE #114, SAINT CHARLES, MO 63303-5699
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2024
$875,000
N Hwy 67 LLC
The Reding Company LLC
Special Warranty Deed
$700,000 · Cnb St Louis Bank
Dec 27, 2023
$739,000
The Reding Company LLC
2705 N Hwy 67 LLC
Special Warranty Deed
—
Jan 17, 2013
—
2705 N Hwy 67 LLC
Harris,jeffrey A
Quit Claim Deed
related
—
Jun 4, 2012
—
Jeffrey A Harris
Harris,veronica D
Quit Claim Deed
related
—
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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