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Property profile & analytics
FOR SALE
Retail space
3 Industrial Ln Florissant, MO 63044
Entity Owned
5-yr Hold
Free & Clear
Property ID
US48-0443253
For Sale
1 / 2
Contact for pricing
3 Industrial Ln, Florissant, MO 63044
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1967
Construction
TYPE NOT SPECIFIED
Total area
13,000 SF
Lot
1.06 ac (46,082 SF)
Zoning code
24M2
APN
08K-2-2-008-4
UPID
US48-0443253
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
-
Heartland Moving Systems STL Moving Company
-
Raynor-Blick Recycling Center Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$515k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$659k
Blend (final)
Blend
$515k
Owner & transaction history
N H Investments LLC · 5 yrs held
N H Investments LLC
since 2021
Last sale
$355,000
5 recorded transactions
Zoning & alternative use
24M2 · Florissant, 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 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
$465,000
ML approach
$515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$515k
Range $464k – $567k · ±10% · vs last sale $355k (May 5 2021)
Last sale anchor
$355k
May 5 2021
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
$40 / 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
$17,991
Tax year 2023
Assessed value
$147,770
Assessed 2023
Previous assessed
$121,570
+21.6% YoY
Effective rate
12.18%
On assessed value
Assessed land
$56,030
Assessed improvement
$91,740
Land market value
$175,100
Improvement market value
$286,700
Total market value
$461,800
Applied tax rate
139.0000
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
For Sale
Year built
1967
Construction
TYPE NOT SPECIFIED
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
11
Bathrooms
7
Total area
13,000 SF
Lot
1.06 ac (46,082 SF)
Zoning code
24M2
APN
08K-2-2-008-4
UPID
US48-0443253
Jurisdiction
ST LOUIS
Zoning & alternative use
24M2 · Florissant, MOZoning 24M2 · permitted uses
24M2 · Florissant, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1967
Construction
TYPE NOT SPECIFIED
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
11
Bathrooms
7
Lot
1.06 ac
Current owner
From public records · entity-resolved
N H Investments LLC
Entity
Free & Clear · 5 yrs held
Mailing address
4677 MCREE AVE, SAINT LOUIS, MO 63110-2239
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2024
—
N H Investments LLC
—
Deed
related
$200,000 · Royal Banks Of Missouri
May 5, 2021
$355,000
N H Investments LLC
Jfjm LLC
Warranty Deed
—
May 31, 2011
$283,000
Jfjm LLC
Hamilton,jeffrey L
Warranty Deed
—
May 31, 2011
—
Jeffrey L Hamilton
Mineo,norma J
Affidavit Of Death
—
—
—
Jeffrey L Hamilton
—
Deed Of Trust
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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