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Property profile & analytics
OFF-MARKET
Estimated value
$3,175,000
Retail space
4401 Meramec Btm Rd, Saint Louis, MO 63129-2559
Entity Owned
~
Est. High Equity
Property ID
US48-0498663
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2005
Total area
13,860 SF
Lot
7.2 ac (313,588 SF)
Zoning code
C5
APN
32L-2-4-045-5
UPID
US48-0498663
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
$2.87M
Comparable Approach
Comparable
$2.83M
Blend (final)
Blend
$3.18M
Owner & transaction history
Dearborn 600 Associates LLC
Dearborn 600 Associates LLC
since 2025
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
C5 · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.8M
+13.5%
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%
$3,105,000
6.5%
$2,870,000
7%
$2,665,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,385,000
Current use
RESTAURANT
$3,840,000
Change: +13% · Conversion: Easy
Blend value · Realmo final
$3.18M
Range $2.86M – $3.49M · ±10% · vs last sale $3.51M (Jun 3 2021)
Last sale anchor
$3.51M
Jun 3 2021
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
$229 / 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
$102,735
Tax year 2023
Assessed value
$1,121,600
Assessed 2023
Previous assessed
$2,013,470
-44.3% YoY
Effective rate
9.16%
On assessed value
Assessed land
$619,550
Assessed improvement
$502,050
Land market value
$1,936,100
Improvement market value
$1,568,900
Total market value
$3,505,000
Applied tax rate
120.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2005
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
5
Stories
1
Total area
13,860 SF
Lot
7.2 ac (313,588 SF)
Zoning code
C5
APN
32L-2-4-045-5
UPID
US48-0498663
Jurisdiction
ST LOUIS
Zoning & alternative use
C5 · Saint Louis, MO
Zoning C5 · permitted uses
C5 · 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
RETAIL STORES Current
Est. value
$3.4M
RESTAURANT
Est. value
$3.8M
RETAIL STORES Current
RESTAURANT
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
2005
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
5
Lot
7.2 ac
Current owner
From public records · entity-resolved
Dearborn 600 Associates LLC
Entity
Mailing address
11701 BORMAN DR STE #100, SAINT LOUIS, MO 63146-4264
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2025
$7,200,000
Dearborn 600 Associates LLC
4401 Meramec LLC
Warranty Deed
$4,680,000 · National Cooperative Bank NA
Jun 3, 2021
$3,505,000
4401 Meramec LLC
Charford INC
Special Warranty Deed
$3,042,275 · Inb National Association
Jan 26, 2011
—
Meramec Center LLC
18211 LLC
Quit Claim Deed
related
—
May 14, 2010
—
Mclain Partners II LLC
—
Deed Of Trust
related
$9,000,000 · Eagle Bank & Trust Co Missouri
Jul 15, 2008
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Mar 28, 2008
—
Mclain Partners II LLC
—
Deed Of Trust
related
$9,200,000 · Eagle Bank & Trust Co Missouri
Jan 15, 2008
—
Mclain Partners II LLC
—
Trustees Deed
related
$8,000,000 · Eagle Bank & Trust Co Missouri
Nov 29, 2007
—
18211 LLC
Mclain Partners II LLC
Quit Claim Deed
related
—
—
—
Mclain Partners II LLC
—
Deed Of Trust
related
$3,750,000 · Eagle Bank & Trust Co Missouri
—
—
Ejs Holdings LLC
—
Deed Of Trust
related
$670,921 · Business Bank Of St Louis
—
—
Meramec Center LLC
—
Deed Of Trust
related
$9,725,000 · Eagle Bank & Trust Co Missouri
—
—
Mclain Partners II LLC
—
Deed Of Trust
related
$9,072,012 · Eagle Bank & Trust Co Missouri
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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