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    Property profile & analytics

    402 2nd St De Soto, MO 63020-2007

    • Office Properties & Spaces
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Last Sale
    May 11, 2023
    Location Intelligence
    Property ID
    US48-0909858
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sandy Meurer - State Farm Insurance Agent / Insurance Agency / Auto Insurance Agency
    • State Farm Insurance / Insurance Agency / Auto Insurance Agency

    Property Details for 402 2nd St

    Year built
    1970
    Lot size
    0.11 lot acres
    Zone code
    CT1
    Property type
    Office Properties & Spaces
    APN
    24-1.2-02.2-3-023-001.
    APU
    24120223023001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $275,000
      6.5%
      $295,000
      7%
      $305,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $245,000
      Geo Method
      $280,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $260,000
      Retail
      $250,000
      Mixed-Use
      $265,000
      Hospitality
      $345,000
      Educational
      $325,000
      Residential Income
      $345,000
      Energy
      $290,000
      Income-Based Land
      $305,000
      Food Service
      $265,000

    Location Insight

    • Map
    • Local Demand
    City
    De Soto
    County
    Jefferson
    State
    Missouri
    Longitude
    -90.5563
    Latitude
    38.1363
    CBSA code
    41180
    CBSA name
    ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,596
    $3,100
    $36,000
    $39,100
    -
    $9,600
    $112,400
    $122,000

    Comparable in this City

    • Value Estimation by Request
      2,500 SF

      115 Easton St

      OFFICE (GENERAL) • 2,500 SF
      115 Easton St, De Soto, MO 63020-1705
      View Details
    • Value Estimation by Request
      4,800 SF

      412 Main St

      OFFICE (GENERAL) • 4,800 SF
      412 Main St, De Soto, MO 63020-2203
      View Details
    • Value Estimation by Request
      0.07 Acres

      414 Main St

      OFFICE (GENERAL) • 0.07 Acres
      414 Main St, De Soto, MO 63020-2210
      View Details
    • Value Estimation by Request
      904 SF

      119 Easton St

      OFFICE (GENERAL) • 904 SF
      119 Easton St, De Soto, MO 63020-1705
      View Details
    • Value Estimation by Request
      2,164 SF

      306 Main St

      OFFICE (GENERAL) • 2,164 SF
      306 Main St, De Soto, MO 63020-2106
      View Details
    • Value Estimation
      $380,000
      1,725 SF

      401 Lueking Dr

      OFFICE (GENERAL) • 1,725 SF
      401 Lueking Dr, De Soto, MO 63020-1037
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Residential Land in De Soto

      Land for sale in De Soto, Missouri.
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    • $179,900
      29.25 Acres

      Missouri Hunting Land: 29 Acres

      Secluded Missouri hunting land near De Soto.
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    • $289,900
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    Similar Nearby for Lease

    • Contact for pricing
      288 SF

      Retail/Office Space on Rock Road

      Retail and office spaces with high visibility and full access.
      2100 Rock Rd, De Soto, MO 63020
      View Details
    • Contact for pricing
      5,000 SF

      Retail Space in Downtown DeSoto

      Retail space with great visibility and convenient downtown location.
      400-508 N Main St, De Soto, MO 63020
      View Details
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    402 2nd St
    De Soto, MO 63020-2007
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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