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Property profile & analytics
OFF-MARKET
Estimated value
$8,180,000
Manufacturing properties
4001 Gratiot St 4043 Saint Louis, MO 63110-1725
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US48-0107280
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1976
Construction
BRICK
Total area
101,705 SF
Lot
2.8 ac (121,924 SF)
Zoning code
J
APN
395900-00800
UPID
US48-0107280
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
$9.48M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.95M
Blend (final)
Blend
$8.18M
Owner & transaction history
4001 Gratiot LLC · 3 yrs held
4001 Gratiot LLC
since 2023
Last sale
$8.0M
7 recorded transactions
Zoning & alternative use
J · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$12.7M
+83.7%
Neighborhood: shopping center
$10.4M
+50.6%
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
$9,390,000
ML approach
$9,475,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,905,000
Current use
AUTO REPAIR, GARAGE
$12,685,000
Change: +84% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$10,395,000
Change: +51% · Conversion: Difficult
Blend value · Realmo final
$8.18M
Range $7.36M – $9.00M · ±10% · vs last sale $8.03M (Jan 25 2023)
Last sale anchor
$8.03M
Jan 25 2023
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
$80 / 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
$99,871
Tax year 2023
Assessed value
$1,040,400
Assessed 2023
Previous assessed
$1,040,400
+0.0% YoY
Effective rate
9.60%
On assessed value
Assessed land
$68,300
Assessed improvement
$972,100
Land market value
$213,400
Improvement market value
$3,037,900
Total market value
$3,251,300
Applied tax rate
17.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1976
Construction
BRICK
Heating
YES
Stories
1
Total area
101,705 SF
Lot
2.8 ac (121,924 SF)
Zoning code
J
APN
395900-00800
UPID
US48-0107280
Jurisdiction
ST LOUIS CITY
Zoning & alternative use
J · Saint Louis, MO
Zoning 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
Saint Louis. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$6.9M
AUTO REPAIR, GARAGE
Est. value
$12.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.4M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1976
Construction
BRICK
Heating
YES
Stories
1
Lot
2.8 ac
Current owner
From public records · entity-resolved
4001 Gratiot LLC
Entity
Mailing address
120 S CENTRAL AVE, SAINT LOUIS, MO 63105-1705
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 25, 2023
$8,025,000
4001 Gratiot LLC
Ub II Microfinish LLC
Special Warranty Deed
—
Sep 6, 2016
—
Ub II Microfinish LLC
—
Deed
related
$307,640,000 · Goldman-sachs Mtg
Sep 2, 2014
$1,450,000
Kaldis Properties LLC
Karl Bissinger LLC
Grant Deed
$1,132,000 · Regions Bk
Nov 15, 2012
$3,782,678
Ub II Microfinish LLC
Nl Ventures V Ipc LP
Grant Deed
$118,410 · Royal Bank Scotland Plc
Feb 24, 2006
—
Nl Ventures V Ipc
Industrial Powder Coatings INC
Grant Deed
related
—
Jan 12, 2001
—
Industrial Powder Coatings INC
Finclair Redevelopment Corp
Grant Deed
$35,100,000 · Firstar Bank
—
—
Nl Ventures V Ipc
—
Deed Of Trust
related
$2,940,000 · Hometown Commercial Capital
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.
Try Rey
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