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Property profile & analytics
OFF-MARKET
Estimated value
$370,000
Medical Office Space
430 Clay Ave Saint Louis, MO 63122-5808
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US48-0612919
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1942
Construction
FRAME
Total area
4,032 SF
Lot
0.52 ac (22,695 SF)
Zoning code
32B1
APN
24M-4-2-039-6
UPID
US48-0612919
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
Current use
Occupant on record · Public records
-
Pediatric Dental & Orthodontic Dental Office
-
Veraldi Thomas DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$715k
Comparable Approach
Comparable
$857k
Blend (final)
Blend
$370k
Owner & transaction history
Clay Ave Properties LLC · 1 yrs held
Clay Ave Properties LLC
since 2024
Last sale
$715,000
7 recorded transactions
Zoning & alternative use
32B1 · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Citywide Zoning District Map
Top alternative use upside
Retail stores
$865,000
+39.2%
Commercial (general)
$735,000
+18.1%
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%
$775,000
6.5%
$715,000
7%
$665,000
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
Blend value · Realmo final
$370k
Range $333k – $407k · ±10% · vs last sale $715k (Sep 27 2024)
Last sale anchor
$715k
Sep 27 2024
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
$92 / 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
$21,301
Tax year 2023
Assessed value
$207,590
Assessed 2023
Previous assessed
$128,000
+62.2% YoY
Effective rate
10.26%
On assessed value
Assessed land
$115,970
Assessed improvement
$91,620
Land market value
$362,400
Improvement market value
$286,300
Total market value
$648,700
Applied tax rate
116.0000
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
1942
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
11
Bathrooms
2
Total area
4,032 SF
Lot
0.52 ac (22,695 SF)
Zoning code
32B1
APN
24M-4-2-039-6
UPID
US48-0612919
Jurisdiction
ST LOUIS
Zoning & alternative use
32B1 · Saint Louis, MOZoning 32B1 · permitted uses
32B1 · Saint Louis, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Citywide Zoning District Map
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$620,000
RETAIL STORES
Est. value
$865,000
COMMERCIAL (GENERAL)
Est. value
$735,000
OFFICE BUILDING
Est. value
$600,000
AUTO REPAIR, GARAGE
Est. value
$505,000
MEDICAL BUILDING Current
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1942
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
11
Bathrooms
2
Lot
0.52 ac
Current owner
From public records · entity-resolved
Clay Ave Properties LLC
Entity
Mailing address
11 BABLER LN, SAINT LOUIS, MO 63124-1114
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2024
$715,000
Clay Ave Properties LLC
Luke And Loraine Properties LLC
Warranty Deed
$572,000 · Carrollton Bank
Aug 31, 2021
—
Luke & Loraine Properties LLC
—
Deed
related
$70,000 · Financial & Marketing Solutions LLC
Jun 12, 2020
—
Luke & Loraine Properties Lec
—
Deed
related
$253,000 · Financial Marketing Solutions LLC
May 29, 2020
—
Luke & Loraine Properties LLC
—
Deed
related
$253,000 · Financial And Marketing Soluions LLC
May 11, 2017
$310,000
Luke & Loraine Properties LLC
Veraldi,thomas & Susan K
Warranty Deed
—
—
—
Jerry D Mcclure
—
Deed Of Trust
related
$45,600 · American Equity Mortgage INC
—
—
Jerry D Mcclure
—
Deed Of Trust
related
$11,400 · American Equity Mortgage INC
—
—
Thomas Veraldi
—
Deed Of Trust
related
$195,000 · Reliance Bank
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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