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Property profile & analytics
OFF-MARKET
Estimated value
$1,465,000
Warehouses
4051 Folsom Ave 4057 Saint Louis, MO 63110-2401
Entity Owned
~
Est. High Equity
Property ID
US48-0957177
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1896
Construction
BRICK
Total area
22,781 SF
Lot
0.65 ac (28,270 SF)
Zoning code
K
APN
496500-00500
UPID
US48-0957177
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
by Request
CAP Approach
CAP
$1.68M
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$1.47M
Owner & transaction history
Cohen Bros Realty And Investment Co
Cohen Bros Realty And Investment Co
since 2025
Last sale
$1.5M
4 recorded transactions
Zoning & alternative use
K · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.3M
+15.7%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,810,000
6.5%
$1,675,000
7%
$1,555,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,015,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,330,000
Change: +16% · Conversion: Moderate
Blend value · Realmo final
$1.47M
Range $1.32M – $1.61M · ±10% · vs last sale $1.50M (Jul 22 2025)
Last sale anchor
$1.50M
Jul 22 2025
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
$64 / 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
$8,783
Tax year 2023
Assessed value
$91,500
Assessed 2023
Previous assessed
$91,500
+0.0% YoY
Effective rate
9.60%
On assessed value
Assessed land
$13,600
Assessed improvement
$77,900
Land market value
$42,400
Improvement market value
$243,287
Total market value
$285,687
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1896
Construction
BRICK
Heating
YES
Stories
1
Total area
22,781 SF
Lot
0.65 ac (28,270 SF)
Zoning code
K
APN
496500-00500
UPID
US48-0957177
Jurisdiction
ST LOUIS CITY
Zoning & alternative use
K · Saint Louis, MO
Zoning K · permitted uses
K · 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
WAREHOUSE, STORAGE Current
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.3M
WAREHOUSE, STORAGE Current
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
1896
Construction
BRICK
Heating
YES
Stories
1
Lot
0.65 ac
Current owner
From public records · entity-resolved
Cohen Bros Realty And Investment Co
Entity
Mailing address
559 PRINCEWAY CT, MANCHESTER, MO 63011-4064
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2025
—
Cohen Bros Realty And Investment Co
Laurence Cohen
Special Warranty Deed
$500,000 · Cohen Bros Realty And Investment Company
Oct 22, 2025
$1,500,000
Park Avenue Realty Company
Cohen Bros Realty And Investment Co
Special Warranty Deed
—
Jan 26, 2015
—
Richard Cohen
Cohen Richard
Quit Claim Deed
related
—
Oct 3, 2014
—
Cohen,cecile Trust
Cohen,cecile
Quit Claim Deed
related
—
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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