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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Grocery and convenience stores
2800 James Cool Papa Bell Ave Saint Louis, MO 63106-2101
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US48-3173834
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1882
Construction
BRICK
Total area
2,180 SF
Lot
0.05 ac (2,270 SF)
Zoning code
F
APN
100100-01407
UPID
US48-3173834
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
by Request
CAP Approach
CAP
$510k
Comparable Approach
Comparable
$555k
Blend (final)
Blend
$575k
Owner & transaction history
Union Martin LLC · 18 yrs held
Union Martin LLC
since 2008
7 recorded transactions
Zoning & alternative use
F · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$395,000
+16.4%
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$550,000
6.5%
$510,000
7%
$470,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$395,000
Change: +16% · Conversion: Easy
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$264 / 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
$1,104
Tax year 2023
Assessed value
$11,970
Assessed 2023
Previous assessed
$11,970
+0.0% YoY
Effective rate
9.22%
On assessed value
Assessed land
$3,080
Assessed improvement
$8,890
Land market value
$11,400
Improvement market value
$35,600
Total market value
$47,000
Applied tax rate
19.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1882
Construction
BRICK
Heating
CENTRAL
Buildings
2
Stories
2
Units
1
Bathrooms
2
Total area
2,180 SF
Lot
0.05 ac (2,270 SF)
Zoning code
F
APN
100100-01407
UPID
US48-3173834
Jurisdiction
ST LOUIS CITY
Zoning & alternative use
F · Saint Louis, MO
Zoning F · permitted uses
F · Saint Louis, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint Louis. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$395,000
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
1882
Construction
BRICK
Heating
CENTRAL
Stories
2
Buildings
2
Units
1
Bathrooms
2
Lot
0.05 ac
Current owner
From public records · entity-resolved
Union Martin LLC
Entity
Mailing address
1001 BOARDWALK SPGS PL STE #200, O FALLON, MO 63368-4151
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
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
Aug 5, 2016
—
Northside Regeneration LLC
—
Deed
related
$5,500,000 · Scarboro Services LLC
Jan 5, 2012
—
Northside Regeneration LLC
—
Trustees Deed
related
$780,532 · Bank Of Washington
Aug 16, 2011
—
Northside Regeneration LLC
—
Trustees Deed
related
$345,368 · Bank Of Washington
Dec 22, 2010
—
Northside Regeneration LLC
—
Grant Deed
related
$2,196,427 · Bank Of Washington
Sep 9, 2010
—
Northside Regeneration LLC
—
Trustees Deed
related
$306,303 · Bank Of Washington
Jun 8, 2010
—
Northside Regeneration LLC
—
Deed Of Trust
related
$6,450,000 · Bank Of Washington
Jan 14, 2009
—
Union Martin LLC
—
Deed Of Trust
related
$27,600,000 · Bank Of Washington
Apr 28, 2008
—
Union Martin LLC
Love,sybil
Warranty Deed
$260,710 · Stapleton Management LLC
—
—
Northside Regeneration LLC
—
Deed Of Trust
related
$5,500,000 · Scarboro Services LLC
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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