Property profile

4229-4231 Dr Martin Luther King Dr Saint Louis, MO 63113

OFF-MARKET
Retail space
Property ID
US48-0627789
3,414 SF 0.19 ac lot Built 1891
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1891
Construction WOOD FRAME
Total area 3,414 SF
Lot 0.19 ac (8,367 SF)
Zoning code G
APN 368100-02400
UPID US48-0627789

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4229-4231 Dr Martin Luther King Dr Saint Louis, MO 63113
Saint Louis metro Census 111300 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
$795k
Comparable Approach Comparable
by Request
Blend (final) Blend
$570k

Owner & transaction history

since 2017
4 recorded transactions
2017
$50,000
2017
$70,000
2016
$1,500
2007
$80,000

Zoning & alternative use

G · Saint Louis, MO
Zoning description

gle-Family Dwelling District, “B” Two-Family Dwelling District, “C” Multiple-Family Dwelling District, “D” Multiple-Family Dwelling District, “E” Multiple-Family Dwelling District, “F” Neighborhood Commercial District, “…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $620,000 +273.8%
Medical building $525,000 +216.5%
Office building $510,000 +206.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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