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    Property profile & analytics

    301 Sovereign Ct Ste, Unit 207 Ballwin, MO 63011-4435

    • Office buildings
    • 27,934 SF
    • 3.93 lot acres
    OFF-MARKET
    Last Sale
    May 31, 2022
    $2,395,000
    Value Estimations
    $2,540,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-0945826
    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

    • Office buildings

    Property Details for 301 Sovereign Ct Ste

    Year built
    1975
    Lot size
    3.93 lot acres
    Property size
    27,934 SF
    Zone code
    FPNB
    Property type
    Office buildings
    APN
    22P-1-3-031-1
    APU
    22P130311

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,310,000
      ML approach
      $2,480,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,216,000
      Market price range: $3.22M - $5.34M
      AI Estimate
      $3,164,000
      Market price range: $2.31M - $10.4M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $3,395,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Ballwin
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.4903
    Latitude
    38.5979
    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
    2023
    $66,397
    $306,780
    $333,220
    $640,000
    -
    $958,700
    $1,041,300
    $2,000,000

    Comparable in this City

    • Value Estimation
      $255,000
      2,496 SF

      115 Woods Ml Rd

      PROFESSIONAL BUILDING • 2,496 SF
      115 Woods Ml Rd, Manchester, MO 63011-4339
      View Details
    • Value Estimation
      $350,000
      3,747 SF

      211 Henry Ave

      PROFESSIONAL BUILDING • 3,747 SF
      211 Henry Ave, Manchester, MO 63011-4019
      View Details
    • Value Estimation
      $285,000
      4,386 SF

      14368 Manchester Rd

      OFFICE BUILDING • 4,386 SF
      14368 Manchester Rd, Manchester, MO 63011-4079
      View Details
    • Value Estimation
      $1,020,000
      5,564 SF

      16111 Manchester Rd

      OFFICE BUILDING • 5,564 SF
      16111 Manchester Rd, Ellisville, MO 63011-2485
      View Details
    • Value Estimation
      $325,000
      6,604 SF

      15991 Manchester Rd

      OFFICE BUILDING • 6,604 SF
      15991 Manchester Rd, Ellisville, MO 63011-2446
      View Details
    • Value Estimation
      $355,000
      7,232 SF

      273 Clarkson Rd

      OFFICE BUILDING • 7,232 SF
      273 Clarkson Rd, Ballwin, MO 63011-2498
      View Details

    Similar Nearby for Sale

    • $3,530,000
      30,403 SF

      Fully Occupied Office Property

      Single-story office building with professional tenants, convenient highway access.
      301 Sovereign Ct, Ballwin, MO 63011
      View Details
    • $3,500,000
      19,706 SF

      Ballwin Office Building For Sale

      19,706 SF office building on 0.985 acres in Ballwin.
      174 Clarkson Rd, Ballwin, MO 63011
      View Details
    • $1,395,000
      7,764 SF

      Ballwin Office Building For Sale

      Office building with expansion potential in a prime location.
      116 Holloway Rd, Ballwin, MO 63011
      View Details
    • $700,000
      0.32 Acres

      Prime Land Off Manchester Road

      0.32-acre lot ideal for retail, office, gas station, car wash.
      14332 Manchester Rd, Wildwood, MO 63011
      View Details
    • $108,000
      0.02 Acres

      Ellisville Office Condo For Sale

      Move-in ready office condo in Clarkson Executive Park.
      177 Clarkson Executive Park, Ellisville, MO 63011
      View Details
    • Contact for pricing
      2.95 Acres

      Prime Ballwin Commercial Land

      2.95 Acres, High Visibility, Strong Demographics
      299 Clarkson Rd, Ballwin, MO 63011
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      416 SF

      Office Building Near Clarkson Center

      Office building with convenient access to shopping and restaurants.
      300 Ozark Trail Dr, Ellisville, MO 63011
      View Details
    • $12 SF/Yr
      5,240 SF

      Winchester Plaza Retail Spaces

      West County retail spaces, high traffic area.
      14560 Manchester Rd, Ballwin, MO 63011
      View Details
    • $14 SF/Yr
      1,100 SF

      Ellisville Office Space For Lease

      Office space for lease on Manchester Road in Ellisville, MO.
      15623 Manchester Rd, Ellisville, MO 63011
      View Details
    • Contact for pricing
      882 SF

      Professional Office/Medical Space For Rent

      882 SF office/medical space in thriving retail center.
      485 Wildwood Pkwy, Ballwin, MO 63011
      View Details
    • $9 SF/Yr
      3,846 SF

      Ballwin Warehouse with Office Space

      Warehouse with office space available for lease in Ballwin, MO.
      449-465 Sovereign Ct, Ballwin, MO 63011
      View Details
    • $18 SF/Yr
      23,580 SF

      Prime Ballwin Office Space

      Executive suites, ample parking, high visibility.
      13975 Manchester Rd, Ballwin, MO 63011
      View Details
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    Ballwin, MO 63011-4435
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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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