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Property profile & analytics
FOR SALE
Showrooms
37 Elaine Dr, O Fallon, MO 63366
Individually Owned
17-yr Hold
~
Est. High Equity
Property ID
US48-3171076
For Sale
1 / 58
$3,500,000
37 Elaine Dr, O Fallon, MO 63366
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1993
Total area
32,126 SF
Lot
2 ac (87,120 SF)
Zoning code
AB3
APN
2-0057-6357-00-0022.0000000
UPID
US48-3171076
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
-
Jrs Ventures Big Box & Wholesale Store
-
Crazy Uncle Joe's Warehouse Department Store
-
Premium CBD Oil Missouri I True Spectrum Department Store
-
CWE/JRS Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.65M
Blend (final)
Blend
$2.65M
Owner & transaction history
Joseph R Schilligo · 17 yrs held
Joseph R Schilligo
since 2009
6 recorded transactions
Zoning & alternative use
AB3 · O Fallon, 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 O Fallon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs O Fallon 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,510,000
Current use
Blend value · Realmo final
$2.65M
Range $2.39M – $2.92M · ±10%
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
$82 / 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
Property tax & assessments
Assessed value
$439,012
Assessed 2023
Previous assessed
$395,300
+11.1% YoY
Land market value
$261,360
Improvement market value
$1,110,553
Total market value
$1,371,913
Applied tax rate
2.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Sale
Year built
1993
Heating
NONE
Stories
1
Bathrooms
4
Total area
32,126 SF
Lot
2 ac (87,120 SF)
Zoning code
AB3
APN
2-0057-6357-00-0022.0000000
UPID
US48-3171076
Jurisdiction
ST CHARLES
Zoning & alternative use
AB3 · O Fallon, MO
Zoning AB3 · permitted uses
AB3 · O Fallon, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
O Fallon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.5M
COMMERCIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1993
Heating
NONE
Stories
1
Bathrooms
4
Lot
2 ac
Current owner
From public records · entity-resolved
Joseph R Schilligo
Individual
Mailing address
37 ELAINE DR, O FALLON, MO 63366-2398
Ownership since
2009
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
Apr 7, 2021
—
Joseph R Schillago
—
Deed
related
$1,301,900 · St Johns Bank & Trust Company
Mar 2, 2009
$1,350,000
Joseph R Schilligo
Ipx Dev 119 LLC
Warranty Deed
$1,075,562 · Regions Bk/fayette
Dec 5, 2008
$1,350,000
Ipx Dev 119 LLC
Watts,john J & Carol K
Warranty Deed
$1,080,000 · Regions Bk/fayette
Jan 13, 2003
—
John J Watts
Dyer,frederick T & Rose L
Grant Deed
$1,125,000 · Dyers Trust
—
—
John J Watts
—
Deed Of Trust
related
$250,000 · Midwest Bankcentre
—
—
Joseph R Schilligo
—
Deed Of Trust
related
$250,000 · Schilligo J F & S J Tr (tr)
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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