3430 Mckelvey Rd Bridgeton, MO 63044
Strip malls
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Entity Owned
2-yr Hold
~
Est. High Equity
For Lease
1 / 3
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3430 Mckelvey Rd, Bridgeton, MO 63044
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Estimated value (blended)
$1.35M
Range $1.22M – $1.49M (±10%)
Implied cap rate
4.50%
In-place · NOI ÷ last sale
Property ID
US48-0253661
Property summary
AI-generated overview
Romantique Plaza, located at 3430 McKelvey Road in Bridgeton, Missouri, offers flexible office space in a two-story, 14,000 square foot building. This traditional office building, also suitable for executive suites and coworking arrangements, sits on a 1.1-acre lot and boasts 69 parking spaces. Built in 2000, the property is zoned B-2 Commercial Business District within the Pattonville submarket of St. Louis County (APN: 11N-12-0648). Currently, three office spaces are available, ranging from 875 to 3,000 square feet. The building benefits from high visibility, situated across from SSM DePaul Hospital on McKelvey Road, a thoroughfare with 14,931 vehicles passing daily. Its convenient location is less than 1.5 miles from Interstates 270 and 70, and within walking distance of the St. Charles Rock Road retail corridor. On-site ownership and management ensure efficient building operations. This property presents a compelling opportunity for businesses seeking a well-located and versatile office solution in a thriving commercial area.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2000
Construction
TYPE NOT SPECIFIED
Total area
14,000 SF
Lot
1.16 ac (50,442 SF)
Zoning code
10B-2
APN
11N-1-2-064-8
UPID
US48-0253661
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.35M
CAP Approach
CAP
$925k
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.35M
Owner & transaction history
since 2024
Last sale
$1.4M
6 recorded transactions
Zoning & alternative use
10B-2 · Bridgeton, MO
Top alternative use upside
Auto repair, garage
$2.0M
+42.9%
Office building
$2.0M
+42.5%
Medical building
$1.7M
+22.2%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
7 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$1.35M
Value range
$1.22M – $1.49M
±10% around blend
Estimated value / SF
$96 / SF
Confidence
None
2 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
20
Income certainty
100
$1.22M
blend $1.35M
$1.49M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
14,000 SF
Lot area
1.16 ac
Year built
2000
Stories
1
APN
11N-1-2-064-8
Assessed value
$492,760
Annual tax
$53,938
3
Income approach: direct capitalization
Partial preview
Income approach indication
$925k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.01M
@ 6.5% CAP return
$925k
@ 7% CAP return
$860k
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$53,938
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.29M
Weighted, 0 comps · none confidence
Evidence
2 found
County-verified recorded sales
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.35M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 80 sales
$99
-3%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $96/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+43%
vs current-use indication
Office Building
Medical Building
Retail Stores
Neighborhood: Shopping Center · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 2 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
4.50%
Selected cap rate for this strip malls
Derived from the Bridgeton market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.50%
9.0%
NOI (est.)
$12k *
Last sale · Apr 2024
$1.35M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$262k
Move the market yield to see immediate price impact.
Value / SF
$19
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.00%4.50%5.00%
$11k
$265k
$235k
$212k
$12k
$294k
$262k
$235k
$13k
$324k
$288k
$259k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
2 found
None confidence · county-verified
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$53,938
Tax year 2023
Assessed value
$492,760
Assessed 2023
Previous assessed
$278,040
+77.2% YoY
Effective rate
10.95%
On assessed value
Assessed land
$80,700
Assessed improvement
$412,060
Land market value
$252,200
Improvement market value
$1,287,700
Total market value
$1,539,900
Applied tax rate
126.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2000
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
14,000 SF
Lot
1.16 ac (50,442 SF)
Zoning code
10B-2
APN
11N-1-2-064-8
UPID
US48-0253661
Jurisdiction
ST LOUIS
Zoning & alternative use
10B-2 · Bridgeton, MOZoning 10B-2 · permitted uses
10B-2 · Bridgeton, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.16 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
10B-2
Jurisdiction
Bridgeton, MO
Recorded code
10B-2
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 10B-2 in Bridgeton, MO.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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