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Property profile & analytics
OFF-MARKET
Estimated value
$1,720,000
Hotels
414 8th St Saint Louis, MO 63101
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US48-1463335
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1916
Construction
STEEL FRAME
Total area
19,691 SF
Zoning code
I
APN
017200-00240
UPID
US48-1463335
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
$2.38M
Comparable Approach
Comparable
$1.83M
Blend (final)
Blend
$1.72M
Owner & transaction history
800 Washington LLC · 12 yrs held
800 Washington LLC
since 2014
5 recorded transactions
Zoning & alternative use
I · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.7M
+164.9%
Restaurant
$2.6M
+149.2%
Auto repair, garage
$2.0M
+97.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,575,000
6.5%
$2,380,000
7%
$2,210,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,710,000
Change: +165% · Conversion: Difficult
RESTAURANT
$2,550,000
Change: +149% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,020,000
Change: +98% · Conversion: Difficult
OFFICE BUILDING
$1,590,000
Change: +55% · Conversion: Difficult
MEDICAL BUILDING
$1,510,000
Change: +48% · Conversion: Difficult
Blend value · Realmo final
$1.72M
Range $1.55M – $1.89M · ±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
$87 / 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
$498,277
Tax year 2023
Assessed value
$4,997,800
Assessed 2023
Previous assessed
$3,431,700
+45.6% YoY
Effective rate
9.97%
On assessed value
Assessed improvement
$4,997,800
Land market value
$100
Improvement market value
$15,618,000
Total market value
$15,618,100
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1916
Construction
STEEL FRAME
Heating
YES
Cooling
CENTRAL
Stories
21
Units
1
Total area
19,691 SF
Zoning code
I
APN
017200-00240
UPID
US48-1463335
Jurisdiction
ST LOUIS CITY
Zoning & alternative use
I · Saint Louis, MO
Zoning I · permitted uses
I · 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
RETAIL STORES
Est. value
$2.7M
RESTAURANT
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.5M
RETAIL STORES
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
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
1916
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
21
Units
1
Current owner
From public records · entity-resolved
800 Washington LLC
Entity
Mailing address
900 N MICHIGAN AVE STE #1900, CHICAGO, IL 60611-6536
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2018
—
800 Washington LLC
—
Grant Deed
related
$534,750,000 · Royal Bk/canada
May 30, 2014
—
800 Washington LLC
Convention Center Hotels Acqui
Quit Claim Deed
related
$33,800,000 · German Am Cap
May 30, 2014
$26,000,000
800 Washington LLC
Convention Center Hotels Acqui
Grant Deed
—
—
—
800 Washington LLC
—
Loan Modification
related
$4,231,266 · St Louis City (mo)
—
—
800 Washington LLC
—
Loan Modification
related
$4,119,336 · St Louis City (mo)
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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