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Property profile & analytics
OFF-MARKET
Estimated value
$5,430,000
Investment properties
3900 Laclede Ave 3912 Saint Louis, MO 63108-3216
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US48-1512650
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1896
Construction
BRICK
Total area
11,271 SF
Lot
0.48 ac (20,830 SF)
Zoning code
J
APN
391904-02057
UPID
US48-1512650
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
$5.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.43M
Owner & transaction history
Gerhart Lofts Investment Group LLC · 4 yrs held
Gerhart Lofts Investment Group LLC
since 2022
Last sale
$5.2M
1 recorded transaction
Zoning & alternative use
J · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
“D” Multiple-Family Dwelling District, “E” Multiple-Family Dwelling District, “F” Neighborhood Commercial District, “G” Local Commercial and Office District, “H” Area Commercial District, “I” Central Business District, “J” Industrial District, “K” Unrestricted District, and “L” Jefferson Memorial District. The Zoning District Map shows the 12 primary zoning…
Zone name
Industrial District
General category
INDUSTRIAL
Zone area
2,090.48 ac
Source
Citywide Zoning District Map
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
$5,430,000
ML approach
$5,400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.43M
Range $4.89M – $5.97M · ±10% · vs last sale $5.20M (Mar 31 2022)
Last sale anchor
$5.20M
Mar 31 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
$482 / 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
$15,080
Tax year 2023
Assessed value
$865,530
Assessed 2023
Previous assessed
$865,530
+0.0% YoY
Effective rate
1.74%
On assessed value
Assessed land
$53,070
Assessed improvement
$812,460
Land market value
$208,197
Improvement market value
$3,303,803
Total market value
$3,512,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1896
Construction
BRICK
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
2
Units
17
Total area
11,271 SF
Lot
0.48 ac (20,830 SF)
Zoning code
J
APN
391904-02057
UPID
US48-1512650
Jurisdiction
ST LOUIS CITY
Zoning & alternative use
J · Saint Louis, MOZoning J · permitted uses
J · Saint Louis, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
“D” Multiple-Family Dwelling District, “E” Multiple-Family Dwelling District, “F” Neighborhood Commercial District, “G” Local Commercial and Office District, “H” Area Commercial District, “I” Central Business District, “J” Industrial District, “K” Unrestricted District, and “L” Jefferson Memorial District. The Zoning District Map shows the 12 primary zoning districts and 3 Zoning Overlay Districts: Community Unit Plan (CUP), Special Use
Zone name
Industrial District
General category
INDUSTRIAL
Zone area
2,090.48 ac
Source
Citywide Zoning District Map
Building & site characteristics
From public records
Year built
1896
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Units
17
Lot
0.48 ac
Current owner
From public records · entity-resolved
Gerhart Lofts Investment Group LLC
Entity
Mailing address
2012 MAURY AVE, SAINT LOUIS, MO 63110-3273
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2022
$5,200,000
Gerhart Lofts Investment Group LLC
Gerhart Lofts LLC
Warranty Deed
$4,125,000 · Midwest Bank Centre
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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