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Property profile & analytics
OFF-MARKET
Estimated value
$1,685,000
Turn key restaurants
3500 Lemay Fry Rd Saint Louis, MO 63125-4424
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US48-0701390
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1995
Construction
FRAME
Total area
8,314 SF
Lot
2.18 ac (94,961 SF)
Zoning code
C2
APN
29J-5-4-058-0
UPID
US48-0701390
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
$1.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$1.69M
Owner & transaction history
Lemay Plaza LLC · 4 yrs held
Lemay Plaza LLC
since 2022
Last sale
$1.6M
6 recorded transactions
Zoning & alternative use
C2 · 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
$1,695,000
ML approach
$1,795,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.69M
Range $1.52M – $1.85M · ±10% · vs last sale $1.63M (Mar 29 2022)
Last sale anchor
$1.63M
Mar 29 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
$203 / 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
$51,698
Tax year 2023
Assessed value
$560,000
Assessed 2023
Previous assessed
$384,900
+45.5% YoY
Effective rate
9.23%
On assessed value
Assessed land
$106,370
Assessed improvement
$453,630
Land market value
$332,400
Improvement market value
$1,417,600
Total market value
$1,750,000
Applied tax rate
120.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1995
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
2
Total area
8,314 SF
Lot
2.18 ac (94,961 SF)
Zoning code
C2
APN
29J-5-4-058-0
UPID
US48-0701390
Jurisdiction
ST LOUIS
Zoning & alternative use
C2 · Saint Louis, MO
Zoning C2 · permitted uses
C2 · 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
1995
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Lot
2.18 ac
Current owner
From public records · entity-resolved
Lemay Plaza LLC
Entity
Mailing address
7672 JULIETTE LOW DR, HUNTINGTON BEACH, CA 92647-4176
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2022
$1,625,000
Lemay Plaza LLC
River Valley Investments LLC
Special Warranty Deed
$1,137,500 · Cnb St Louis Bank
Feb 13, 2017
—
River Valley Investments LLC
—
Deed
related
$767,477 · Fortune Bk
Aug 30, 2007
$2,000,000
River Valley Investments LLC
Loumar Dev INC
Warranty Deed
$1,850,000 · Southwest Bank Of St Louis
Mar 3, 2000
—
Loumar Development INC
—
Grant Deed
related
$1,000,000 · Royal Bank Of Missouri
—
—
River Valley Investments LLC
—
Deed Of Trust
related
$840,000 · Reliance Bank
—
—
River Valley Investments LLC
—
Deed Of Trust
related
$767,477 · Fortune Bk
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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