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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    490 Sovereign Ct Ballwin, MO 63011

    • Industrial properties
    • 59,650 SF
    • 9.35 lot acres
    OFF-MARKET
    Value Estimations
    $3,940,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-0225974
    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

    • Industrial properties

    Property Details for 490 Sovereign Ct

    Year built
    2005
    Lot size
    9.35 lot acres
    Property size
    59,650 SF
    Zone code
    M3
    Property type
    Industrial properties
    APN
    22P-4-1-006-2
    APU
    22P410062

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,940,000
      6.5%
      $3,640,000
      7%
      $3,380,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,196,000
      Market price range: $2.98M - $7.40M
      AI Estimate
      $3,982,000
      Market price range: $1.57M - $7.03M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $4,750,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $5,935,000
      Change: +25% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $5,265,000
      Change: +11% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Ballwin
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.4911
    Latitude
    38.6014
    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
    $204,189
    $497,410
    $1,470,750
    $1,968,160
    -
    $1,554,400
    $4,596,100
    $6,150,500

    Comparable in this City

    • Value Estimation
      $5,215,000
      177,250 SF

      14161 Manchester Rd

      LUMBERYARD, BUILDING MATERIALS • 177,250 SF
      14161 Manchester Rd, Manchester, MO 63011-4511
      View Details
    • Value Estimation by Request
      9,060 SF

      14653 Manchester Rd

      CONSTRUCTION/CONTRACTING SERVICES • 9,060 SF
      14653 Manchester Rd, Ballwin, MO 63011-3745
      View Details
    • Value Estimation by Request
      4,982 SF

      14807 Manchester Rd

      INDUSTRIAL (GENERAL) • 4,982 SF
      14807 Manchester Rd, Ballwin, MO 63011-4617
      View Details
    • Value Estimation by Request
      1,008 SF

      109 Coral Ter

      CONSTRUCTION/CONTRACTING SERVICES • 1,008 SF
      109 Coral Ter, Ballwin, MO 63011-3219
      View Details
    • Value Estimation by Request
      0.07 Acres

      269 Flesher Dr

      WASTE DISPOSAL, SEWAGE • 0.07 Acres
      269 Flesher Dr, Ellisville, MO 63011-3034
      View Details
    • Value Estimation by Request
      0.46 Acres

      106 Shirley Ln

      PARKING GARAGE, PARKING STRUCTURE • 0.46 Acres
      106 Shirley Ln, Ballwin, MO 63011-3207
      View Details

    Similar Nearby for Sale

    • $3,530,000
      30,403 SF

      Fully Occupied Office Property

      Single-story office building with professional tenants, convenient highway access.
      301 Sovereign Ct, Ballwin, MO 63011
      View Details
    • $3,500,000
      19,706 SF

      Ballwin Office Building For Sale

      19,706 SF office building on 0.985 acres in Ballwin.
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      2.95 Acres

      Prime Ballwin Commercial Land

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    • $148,000
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      Ballwin Condo with Garden View

      Charming 2-bedroom condo in Ballwin with convenient amenities.
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    • $700,000
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      Prime Land Off Manchester Road

      0.32-acre lot ideal for retail, office, gas station, car wash.
      14332 Manchester Rd, Wildwood, MO 63011
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    • Contact for pricing
      2,500 SF

      Manchester Road Retail Storefront

      High-Visibility Retail Space in Ballwin, MO
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    Similar Nearby for Lease

    • $9 SF/Yr
      3,846 SF

      Ballwin Warehouse with Office Space

      Warehouse with office space available for lease in Ballwin, MO.
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      View Details
    • Contact for pricing
      9,632 SF

      Manchester Flex/Warehouse Space Available

      Ballwin, MO industrial space for lease. Multiple suites, high-end finishes.
      401 Sovereign Ct, Ballwin, MO 63011
      View Details
    • $12 SF/Yr
      5,240 SF

      Winchester Plaza Retail Spaces

      West County retail spaces, high traffic area.
      14560 Manchester Rd, Ballwin, MO 63011
      View Details
    • Contact for pricing
      69,748 SF

      Maple Tree Center: Retail Opportunity

      Ballwin, MO Strip Center - 2 Spaces Available
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    • $16 SF/Yr
      1,410 SF

      Wildwood Plaza East Retail Spaces

      Ballwin, MO retail spaces available. High traffic location.
      14748 Clayton Rd, Ballwin, MO 63011
      View Details
    • $14 SF/Yr
      1,100 SF

      Ellisville Office Space For Lease

      Office space for lease on Manchester Road in Ellisville, MO.
      15623 Manchester Rd, Ellisville, MO 63011
      View Details
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    490 Sovereign Ct
    Ballwin, MO 63011
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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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