New search
Property profile & analytics
OFF-MARKET
Estimated value
$11,200,000
Warehouses
4300 Belgium Ave, Riverside, MO 64150-1701
Entity Owned
1-yr Hold
Free & Clear
Property ID
US48-1410332
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2018
Total area
100,397 SF
Lot
5.33 ac (232,175 SF)
APN
23-3.0-06-000-000-111-000
UPID
US48-1410332
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
$9.78M
CAP Approach
CAP
$12.36M
Comparable Approach
Comparable
$13.46M
Blend (final)
Blend
$11.20M
Owner & transaction history
Simone Real Estate LLC · 1 yrs held
Simone Real Estate LLC
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$14.2M
+10.0%
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 Riverside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverside 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
$9,210,000
ML approach
$9,775,000
CAP Approach
CAP Return
Estimation
6%
$13,385,000
6.5%
$12,355,000
7%
$11,475,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$12,940,000
Current use
RETAIL STORES
$14,235,000
Change: +10% · Conversion: Moderate
Blend value · Realmo final
$11.20M
Range $10.08M – $12.32M · ±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
$112 / 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
$128,757
Tax year 2023
Assessed value
$1,873,860
Assessed 2023
Previous assessed
$1,873,860
+0.0% YoY
Effective rate
6.87%
On assessed value
Assessed land
$167,112
Assessed improvement
$1,706,748
Land market value
$522,225
Improvement market value
$5,333,587
Total market value
$5,855,812
Applied tax rate
23.0000
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
2018
Heating
NONE
Stories
1
Total area
100,397 SF
Lot
5.33 ac (232,175 SF)
APN
23-3.0-06-000-000-111-000
UPID
US48-1410332
Jurisdiction
PLATTE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$12.9M
RETAIL STORES
Est. value
$14.2M
WAREHOUSE, STORAGE Current
RETAIL STORES
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
2018
Heating
NONE
Stories
1
Lot
5.33 ac
Current owner
From public records · entity-resolved
Simone Real Estate LLC
Entity
Free & Clear · 1 yrs held
Mailing address
4300 NW BELGIUM AVE STE #200, RIVERSIDE, MO 64150-1701
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2026
—
Tli Real Estate Holdings LLC
—
Deed
related
$16,055,084 · First Option Bank
Aug 7, 2024
—
Simone Real Estate LLC
City Of Riverside
Special Warranty Deed
—
Feb 20, 2024
—
7a Tli Lender LLC
Tl1 Real Estate Holdings LLC
Correction Deed
related
—
Jun 23, 2023
—
Tli Real Estate Holdings LLC
—
Deed
related
$12,500,000 · First Option Bank
Jun 10, 2022
—
Tli Real Estate Holdings LLC
Belgium Bottoms 3 LLC
Special Warranty Deed
$11,500,000 · Max Tli Riverside LLC
Feb 21, 2019
—
Belgium Bottoms 3 LLC
City Of Riverside Missouri
Grant Deed
—
Mar 27, 2018
—
Belgium Bottoms 3 LLC
—
Grant Deed
related
$4,000,000 · Bank Of Kansas City
Dec 27, 2017
—
City Of Riverside
Simone,anthony & Edith
Grant Deed
—
Nov 21, 2017
—
Anthony Simone
Jjj Enterprises LLC
Warranty Deed
$612,091 · Great Western 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4300 Belgium Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
