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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    299 Salt Lick Rd St Peters, MO 63376

    • Super regional malls
    • 9,503 SF
    • 1.46 lot acres
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-3194920
    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.

    Current Use by Public Records

    • Dapper Dog Pet Grooming / Pet Grooming Service
    • Pirrone's Pizzeria / Restaurant
    • The Inspired Angels Glitter & More / (Bike/Boat/Book/etc) Store

    Property Details for 299 Salt Lick Rd

    Year built
    2006
    Lot size
    1.46 lot acres
    Property size
    9,503 SF
    Property type
    Super regional malls
    Property subtype
    Shopping centers
    APN
    2-0055-A155-00-00D2.0000000
    APU
    20055A1550000D20000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,611,000
      Market price range: $910k - $1.61M
      AI Estimate
      $1,611,000
      Market price range: $910k - $1.61M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,350,000
      Current use
      MEDICAL BUILDING
      $1,845,000
      Change: +37% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,645,000
      Change: +22% Conversion: Difficult
      RETAIL STORES
      $1,585,000
      Change: +18% Conversion: Easy
      OFFICE BUILDING
      $1,325,000
      Change: -2% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $1,295,000
      Change: -4% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Peters
    County
    St. Charles
    State
    Missouri
    Longitude
    -90.6558
    Latitude
    38.7985
    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
    $451,493
    -
    $556,482
    $854,433
    $1,410,915

    Comparable in this City

    • Value Estimation
      $1,745,000
      10,764 SF

      3925 Mid Rivers Mall Dr

      REGIONAL SHOPPING CENTER, MALL • 10,764 SF
      3925 Mid Rivers Mall Dr, Saint Peters, MO 63376-2862
      View Details
    • Value Estimation
      $1,430,000
      8,877 SF

      1287 Jungermann Rd

      REGIONAL SHOPPING CENTER, MALL • 8,877 SF
      1287 Jungermann Rd, Saint Peters, MO 63376-6941
      View Details
    • Value Estimation
      $2,920,000
      30,480 SF

      235 Jungermann Rd

      REGIONAL SHOPPING CENTER, MALL • 30,480 SF
      235 Jungermann Rd, Saint Peters, MO 63376-5364
      View Details
    • Value Estimation
      $1,855,000
      12,960 SF

      4105 Mexico Rd

      REGIONAL SHOPPING CENTER, MALL • 12,960 SF
      4105 Mexico Rd, Saint Peters, MO 63376-6410
      View Details
    • Value Estimation
      $2,695,000
      24,430 SF

      545 Salt Lick Rd

      REGIONAL SHOPPING CENTER, MALL • 24,430 SF
      545 Salt Lick Rd, Saint Peters, MO 63376-1497
      View Details
    • Value Estimation
      $7,400,000
      86,047 SF

      4105 Cloverleaf Dr

      REGIONAL SHOPPING CENTER, MALL • 86,047 SF
      4105 Cloverleaf Dr, Saint Peters, MO 63376-6443
      View Details

    Similar Nearby for Sale

    • $995,000
      6,690 SF

      Multi-Tenant Office Building For Sale

      Multi-tenant office building with great investment potential in a busy area.
      1395 Jungermann Rd, St Peters, MO 63376
      View Details
    • Contact for pricing
      140,970 SF

      Mid Rivers Mall Retail Space

      Massive Vacant Retail Space, I-70 Access
      3 Mid Rivers Mall Dr, St. Peters, MO 63376
      View Details
    • $836,352
      1.19 Acres

      St. Peters Commercial Lot - Last Available

      Prime St. Peters location, multiple use potential.
      0 Mexico Rd & Mid Rivers Mall Dr, St. Peters, MO 63376
      View Details
    • New
      $200,000
      0.16 Acres

      Remodeled Commercial Property on Jungermann

      Newly remodeled commercial property on heavily traveled Jungermann Road.
      406 Jungermann Rd, St Peters, MO 63376
      View Details
    • $299,500
      Pending

      High-Visibility Commercial Property For Sale

      Commercial property on high-traffic road, ideal for diverse businesses.
      6180 Mexico Rd, St Peters, MO 63376
      View Details
    • Contact for pricing
      10,500 SF

      Retail Property in Affluent Community

      Retail property in St Peters, near top-performing Walmart Supercenter.
      1111 Cave Springs Blvd, St Peters, MO 63376
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,080 SF

      Retail/Office Space in St. Peters

      1,075 SF retail/office space in premier retail corridor.
      301-309 Mid Rivers Mall Dr, St Peters, MO 63376
      View Details
    • Contact for pricing
      15,000 SF

      Retail Space in Mid Rivers Plaza

      15,000 SF retail space available for sublease.
      235-293 Mid Rivers Mall Dr, St Peters, MO 63376
      View Details
    • $15 SF/Yr
      1,400 SF

      Retail Spaces Near Signalized Intersection

      Two 1,400 SF retail spaces available for lease.
      625-635 Salt Lick Rd, St Peters, MO 63376
      View Details
    • Contact for pricing
      4,961 SF

      St. Peters Retail Space Available

      Retail units available in St. Peters, Missouri, from 1,232-4,961 SF.
      7475-7525 Mexico Rd, St Peters, MO 63376
      View Details
    • Contact for pricing
      2,800 SF

      Retail Space Near Mid Rivers

      Retail space available across from Mid Rivers Mall.
      200-254 Mid Rivers Ctr, St Peters, MO 63376
      View Details
    • Contact for pricing
      1,330 SF

      Retail Space in Sunny Meadows

      Retail spaces available in established neighborhood shopping center with ample parking.
      7821-7833 Mexico Rd, Saint Peters, MO 63376
      View Details
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    299 Salt Lick Rd
    St Peters, MO 63376
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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.

    More about this property
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