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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Strip malls
501 Paul Ave Florissant, MO 63031-5310
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US48-0032949
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1962
Total area
10,000 SF
Lot
0.92 ac (40,080 SF)
Zoning code
B1
APN
07K-1-4-089-3
UPID
US48-0032949
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
Current use
Occupant on record · Public records
-
ATM Atm
-
Quick 7 Liquor & Mini Mart (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$605k
CAP Approach
CAP
$660k
Comparable Approach
Comparable
$679k
Blend (final)
Blend
$540k
Owner & transaction history
Jordan Management INC · 5 yrs held
Jordan Management INC
since 2020
Last sale
$500,000
6 recorded transactions
Zoning & alternative use
B1 · Florissant, 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 Florissant submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Florissant 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
$555,000
ML approach
$605,000
CAP Approach
CAP Return
Estimation
6%
$715,000
6.5%
$660,000
7%
$615,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$885,000
Change: -11% · Conversion: Easy
INDUSTRIAL (GENERAL)
$795,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$540k
Range $486k – $594k · ±10% · vs last sale $500k (Nov 4 2020)
Last sale anchor
$500k
Nov 4 2020
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
$54 / 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
$16,563
Tax year 2023
Assessed value
$136,040
Assessed 2023
Previous assessed
$104,000
+30.8% YoY
Effective rate
12.18%
On assessed value
Assessed land
$51,300
Assessed improvement
$84,740
Land market value
$160,300
Improvement market value
$264,800
Total market value
$425,100
Applied tax rate
139.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1962
Heating
NONE
Stories
1
Total area
10,000 SF
Lot
0.92 ac (40,080 SF)
Zoning code
B1
APN
07K-1-4-089-3
UPID
US48-0032949
Jurisdiction
ST LOUIS
Zoning & alternative use
B1 · Florissant, MO
Zoning B1 · permitted uses
B1 · Florissant, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Florissant. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$885,000
INDUSTRIAL (GENERAL)
Est. value
$795,000
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
1962
Heating
NONE
Stories
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Jordan Management INC
Entity
Mailing address
1962 RIVERWOOD TRL DR, FLORISSANT, MO 63031-7438
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2020
$500,000
Jordan Management INC
Hamid Mangal
Special Warranty Deed
$400,000 · First National Bank Of Waterloo
Nov 4, 2020
—
Jordan Management INC
—
Deed
related
$400,000 · First Nat'l Bk/waterloo
May 17, 2005
$400,000
Hamid Mangal
Neel Hari LLC
Warranty Deed
$260,000 · Citizens National Bank Greater St L
Oct 26, 2000
—
Neel-hari LLC
Gershman Trust
Grant Deed
related
—
—
—
Neel-hari LLC
—
Deed Of Trust
related
$360,000 · Reliance Bank
—
—
Jordan Management INC
—
Deed Of Trust
related
$400,000 · First Nat'l Bk/waterloo
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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