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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Investment properties
5001-5003 Mardel Ave Saint Louis, MO 63109
Entity Owned
4-yr Hold
Property ID
US48-0125349
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1931
Construction
BRICK
Total area
3,645 SF
Lot
0.06 ac (2,580 SF)
Zoning code
C
APN
603000-02107
UPID
US48-0125349
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
$520k
CAP Approach
CAP
$660k
Comparable Approach
Comparable
$560k
Blend (final)
Blend
$520k
Owner & transaction history
R E Biz LLC · 4 yrs held
R E Biz LLC
since 2022
Last sale
$500,000
7 recorded transactions
Zoning & alternative use
C · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ds. The Zoning District Map shows districts as approved by the Board of Aldermen as part of the Zoning Code. The City is divided into 12 districts: “A” Single-Family Dwelling District, “B” Two-Family Dwelling District, “C” Multiple-Family Dwelling District, “D” Multiple-Family Dwelling District, “E” Multiple-Family Dwelling District, “F” Neighborhood Commerc…
Zone name
Multiple Family Dwelling District
General category
RESIDENTIAL
Zone area
2,397.72 ac
Source
Citywide Zoning District Map
Top alternative use upside
Retail stores
$765,000
+15.1%
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
$520,000
ML approach
$520,000
CAP Approach
CAP Return
Estimation
6%
$715,000
6.5%
$660,000
7%
$610,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$665,000
Current use
RETAIL STORES
$765,000
Change: +15% · Conversion: Easy
MEDICAL BUILDING
$560,000
Change: -15% · Conversion: Easy
OFFICE BUILDING
$545,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $500k (Feb 22 2022)
Last sale anchor
$500k
Feb 22 2022
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
$143 / 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
$7,344
Tax year 2023
Assessed value
$80,400
Assessed 2023
Previous assessed
$80,400
+0.0% YoY
Effective rate
9.13%
On assessed value
Assessed land
$6,430
Assessed improvement
$73,970
Land market value
$26,100
Improvement market value
$273,900
Total market value
$300,000
Applied tax rate
10.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1931
Construction
BRICK
Heating
YES
Stories
2
Units
4
Total area
3,645 SF
Lot
0.06 ac (2,580 SF)
Zoning code
C
APN
603000-02107
UPID
US48-0125349
Jurisdiction
ST LOUIS CITY
Zoning & alternative use
C · Saint Louis, MOZoning C · permitted uses
C · Saint Louis, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ds. The Zoning District Map shows districts as approved by the Board of Aldermen as part of the Zoning Code. The City is divided into 12 districts: “A” Single-Family Dwelling District, “B” Two-Family Dwelling District, “C” Multiple-Family Dwelling District, “D” Multiple-Family Dwelling District, “E” Multiple-Family Dwelling District, “F” Neighborhood Commercial District, “G” Local Commercial and Office District, “H” Area Commercial Distr
Zone name
Multiple Family Dwelling District
General category
RESIDENTIAL
Zone area
2,397.72 ac
Source
Citywide Zoning District Map
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$665,000
RETAIL STORES
Est. value
$765,000
MEDICAL BUILDING
Est. value
$560,000
OFFICE BUILDING
Est. value
$545,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
MEDICAL BUILDING
OFFICE BUILDING
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
1931
Construction
BRICK
Heating
YES
Stories
2
Units
4
Lot
0.06 ac
Current owner
From public records · entity-resolved
R E Biz LLC
Entity
Mailing address
2025 ZUMBEHL RD #110, SAINT CHARLES, MO 63303-2723
Ownership since
2022
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
Feb 22, 2022
$500,000
R E Biz LLC
The Baraka Building LLC
Warranty Deed
$568,750 · Enterprise Bank & Trust
Feb 10, 2021
—
The Baraka Building LLC
Embry Whitemore Neika
Quit Claim Deed
related
—
Dec 2, 2016
—
Neika E Whittemore
—
Deed
related
$150,000 · Bank Of Edwardsville
Apr 11, 2016
—
Neika E Whittemore
Soissons,neika Z
Quit Claim Deed
related
—
Feb 12, 2001
—
Neika Z Soissons
Alexander,robert A & Desda A
Grant Deed
$184,000 · Pulaski Bank
Aug 14, 2000
—
Robert A Alexander
Garner,stephen R
Grant Deed
$120,000 · Firstar Bank
Sep 8, 1998
—
Stephen R Garner
Winkeler,george A & Anita L
Grant Deed
$150,000 · Allegiant Bank
—
—
Neika E Whittemore
—
Deed Of Trust
related
$150,000 · Bank Of Edwardsville
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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