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Property profile & analytics
OFF-MARKET
Estimated value
$2,910,000
Manufacturing properties
4400 Gustine Ave Saint Louis, MO 63116-3418
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US48-0050086
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1953
Construction
STEEL FRAME
Total area
71,386 SF
Lot
3.61 ac (157,252 SF)
Zoning code
K
APN
904000-00500
UPID
US48-0050086
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
by Request
Comparable Approach
Comparable
$3.33M
Blend (final)
Blend
$2.91M
Owner & transaction history
Lappe Ents LLC · 19 yrs held
Lappe Ents LLC
since 2006
7 recorded transactions
Zoning & alternative use
K · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,845,000
Current use
Blend value · Realmo final
$2.91M
Range $2.62M – $3.20M · ±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
$41 / 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
$44,877
Tax year 2023
Assessed value
$467,500
Assessed 2023
Previous assessed
$467,500
+0.0% YoY
Effective rate
9.60%
On assessed value
Assessed land
$88,100
Assessed improvement
$379,400
Land market value
$275,200
Improvement market value
$1,185,487
Total market value
$1,460,687
Applied tax rate
25.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1953
Construction
STEEL FRAME
Heating
YES
Stories
1
Total area
71,386 SF
Lot
3.61 ac (157,252 SF)
Zoning code
K
APN
904000-00500
UPID
US48-0050086
Jurisdiction
ST LOUIS CITY
Zoning & alternative use
K · Saint Louis, MO
Zoning K · permitted uses
K · 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
INDUSTRIAL (GENERAL) Current
Est. value
$4.8M
INDUSTRIAL (GENERAL) Current
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
1953
Construction
STEEL FRAME
Heating
YES
Stories
1
Lot
3.61 ac
Current owner
From public records · entity-resolved
Lappe Ents LLC
Entity
Mailing address
9757 SAPPINGTON RD, SAINT LOUIS, MO 63128-1236
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2019
—
Lappe Ents LLC
—
Deed
related
$950,000 · Commerce Bk
Sep 16, 2016
—
Lappe Ents LLC
—
Deed
related
$850,000 · Commerce Bk
Aug 8, 2006
—
Lappe Ents LLC
Mueller T R Living Trust
Warranty Deed
$700,000 · Commerce Bk
Dec 29, 2005
—
Mueller Thomas R Trust
Mueller,thomas R
Quit Claim Deed
related
—
—
—
Thomas Mueller
—
Deed Of Trust
related
$962,400 · Jefferson Bank
—
—
Lappe Ents LLC
—
Loan Modification
related
$950,000 · Commerce Bk
—
—
Mueller Thomas R Trust
—
Deed Of Trust
related
$962,400 · Jefferson Bank
—
—
Lappe Ents LLC
—
Loan Modification
related
—
—
—
Lappe Ents LLC
—
Deed Of Trust
related
$13,100 · Commerce Bank NA
—
—
Thomas R Mueller
—
Deed Of Trust
related
$249,000 · Jefferson Bank & Trust Co
—
—
Lappe Ents LLC
—
Loan Modification
related
$850,000 · Commerce Bk
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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