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    Property profile & analytics

    430 Clay Ave Saint Louis, MO 63122-5808

    • Medical Office Space
    • 4,032 SF
    • 0.52 lot acres
    OFF-MARKET
    Last Sale
    Sep 27, 2024
    $715,000
    Value Estimations
    $750,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-0612919
    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

    • Pediatric Dental & Orthodontic / Dental Office
    • Veraldi Thomas DDS / Dental Office

    Property Details for 430 Clay Ave

    Year built
    1942
    Construction
    FRAME
    Lot size
    0.52 lot acres
    Property size
    4,032 SF
    Zone code
    32B1
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    24M-4-2-039-6
    APU
    24M420396

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $775,000
      6.5%
      $715,000
      7%
      $665,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $856,000
      Market price range: $274k - $1.03M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $620,000
      Current use
      RETAIL STORES
      $865,000
      Change: +39% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $735,000
      Change: +18% Conversion: Easy
      OFFICE BUILDING
      $600,000
      Change: -3% Conversion: Easy
      AUTO REPAIR, GARAGE
      $505,000
      Change: -19% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Saint Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.4082
    Latitude
    38.5753
    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
    $21,301
    $115,970
    $91,620
    $207,590
    -
    $362,400
    $286,300
    $648,700

    Comparable in this City

    • Value Estimation
      $2,940,000
      5,159 SF

      2980 Dougherty Fry Rd

      MEDICAL CLINIC • 5,159 SF
      2980 Dougherty Fry Rd, Saint Louis, MO 63122-3366
      View Details
    • Value Estimation by Request
      2,468 SF

      915 Kirkwood Rd

      MEDICAL CLINIC • 2,468 SF
      915 Kirkwood Rd, Saint Louis, MO 63122-2665
      View Details
    • Value Estimation
      $880,000
      5,590 SF

      1030 Kirkwood Rd, Unit A

      MEDICAL CLINIC • 5,590 SF
      1030 Kirkwood Rd, Saint Louis, MO 63122-7200
      View Details
    • Value Estimation by Request
      1,722 SF

      10341 Manchester Rd

      MEDICAL CLINIC • 1,722 SF
      10341 Manchester Rd, Saint Louis, MO 63122-1520
      View Details
    • Value Estimation by Request
      3,876 SF

      103 Taylor Ave

      MEDICAL CLINIC • 3,876 SF
      103 Taylor Ave, Kirkwood, MO 63122-4368
      View Details
    • Value Estimation
      $3,645,000
      24,888 SF

      816 Kirkwood Rd

      MEDICAL CLINIC • 24,888 SF
      816 Kirkwood Rd, Saint Louis, MO 63122-6066
      View Details

    Similar Nearby for Sale

    • $750,000

      Kirkwood Office Building For Sale

      Downtown Kirkwood office building with existing dental office and parking.
      St, Louis, MO 63122
      View Details
    • Contact for pricing
      3,360 SF

      Kirkwood Office Redevelopment Opportunity

      Two converted office buildings in Kirkwood, totaling 5,040 SF.
      121 W Monroe Ave, Saint Louis, MO 63122
      View Details
    • $1,950,000
      23,500 SF

      St. Louis Office/Warehouse Investment

      23,500 SF, Vacant, Prime Location
      3585 Tree Ct Industrial Blvd St, St. Louis, MO 63122
      View Details
    • $4,775,000

      Kirkwood Office Center For Sale

      Three-story office building with suites available for owner/user.
      12166 Old Big Bend Rd, Kirkwood, MO 63122
      View Details
    • $60,000
      0.14 Acres

      Residential Land in Kirkwood, MO

      Residential land for sale in a desirable Kirkwood location.
      338 Memphis St, Kirkwood, MO 63122
      View Details
    • $60,000
      0.11 Acres

      Residential Land in Kirkwood, MO

      Residential land for sale in desirable Kirkwood location.
      367 Memphis St, Kirkwood, MO 63122
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      48,000 SF

      Des Peres Medical Office Space

      Class A Medical Office, Kirkwood, MO
      315 Dougherty Fry Rd St, Kirkwood, MO 63122
      View Details
    • $19 SF/Yr

      Suburban Office Building Near I-270

      Three-story office building with suites available for lease.
      12166 Old Big Bnd St, Louis, MO 63122
      View Details
    • $10 SF/Yr

      Kirkwood Industrial Building with Crane

      15,000 SF industrial building with updated office space.
      455 East Clinton Pl, Kirkwood, MO 63122
      View Details
    • Contact for pricing
      7,098 SF

      Prime Kirkwood Executive Suites

      St. Louis County office space available
      117 Kirkwood & 112, Kirkwood, MO 63122
      View Details
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    430 Clay Ave
    Saint Louis, MO 63122-5808
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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