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Property profile & analytics
OFF-MARKET
Estimated value
$2,085,000
Investment properties
2900-2902 Shenandoah Ave, Saint Louis, MO 63104
Trust Owned
3-yr Hold
~
Est. High Equity
Property ID
US48-0406638
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1897
Construction
BRICK
Total area
4,658 SF
Lot
0.13 ac (5,737 SF)
Zoning code
F
APN
208100-01600
UPID
US48-0406638
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
$2.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.09M
Owner & transaction history
The Magnapax Legacy Trust · 3 yrs held
The Magnapax Legacy Trust
since 2022
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
F · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$2,095,000
ML approach
$2,235,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.09M
Range $1.88M – $2.29M · ±10% · vs last sale $2.01M (Jul 28 2022)
Last sale anchor
$2.01M
Jul 28 2022
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
$448 / 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
$704
Tax year 2023
Assessed value
$8,850
Assessed 2023
Previous assessed
$8,850
+0.0% YoY
Effective rate
7.95%
On assessed value
Assessed land
$950
Assessed improvement
$7,900
Land market value
$5,000
Improvement market value
$41,600
Total market value
$46,600
Applied tax rate
6.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1897
Construction
BRICK
Heating
YES
Stories
2
Units
5
Bathrooms
1
Total area
4,658 SF
Lot
0.13 ac (5,737 SF)
Zoning code
F
APN
208100-01600
UPID
US48-0406638
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.
Building & site characteristics
From public records
Year built
1897
Construction
BRICK
Heating
YES
Stories
2
Units
5
Bathrooms
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
The Magnapax Legacy Trust
Trust
Mailing address
2279 N UNIVERSITY PKWY, PROVO, UT 84604-1543
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2022
$2,008,564
The Magnapax Legacy Trust
Victorian Homes LLC
Warranty Deed
$2,400,000 · Gateway Residences LLC
Oct 17, 2013
—
Victorian Homes LLC
Victorian Homes LLC
Quit Claim Deed
related
—
Oct 14, 2013
—
Victorian Homes LLC
Amn LLC
Warranty Deed
related
—
May 31, 2011
$37,000
Amn LLC
Beachfront Properties INC
Warranty Deed
—
Oct 25, 2006
$275,000
Beachfront Properties INC
Schroeder,richard D JR & Lynn M
Warranty Deed
—
Aug 14, 2003
—
Richard D Schroeder
Dhp Investments LLC
Grant Deed
$243,939 · Business Bank Of St Louis
May 7, 2003
—
D H P Investments LLC
Phillips,mark
Grant Deed
$25,000 · Mike Clark
Aug 8, 2002
—
Mark Phillips
Hunn,robert A
Grant Deed
related
—
Jul 27, 1998
—
Robert A Hunn
Mohabbat,ahmad S & Nadera
Grant Deed
related
—
Jun 12, 1998
$27,717
Ahmad S Mohabbat
Gatewood Services Co INC
Trustees Deed
—
—
—
Beachfront Properties INC
—
Deed Of Trust
related
$275,000 · Richard Maheu
—
—
Richard D Schroeder JR.
—
Deed Of Trust
related
$860 · Business Bank Of St Louis
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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