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Property profile & analytics
FOR LEASE
Office buildings
510 Baxter Rd, Chesterfield, MO 63017
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US48-0481058
For Lease
1 / 2
$22 SF/Yr
510 Baxter Rd, Chesterfield, MO 63017
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1975
Construction
FRAME
Total area
6,724 SF
Lot
2.12 ac (92,217 SF)
Zoning code
105C8
APN
21R-1-4-082-9
UPID
US48-0481058
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
$1.70M
CAP Approach
CAP
$1.35M
Comparable Approach
Comparable
$1.28M
Blend (final)
Blend
$1.58M
Owner & transaction history
Bamboo Baxter LLC · 1 yrs held
Bamboo Baxter LLC
since 2025
Last sale
$1.6M
6 recorded transactions
Zoning & alternative use
105C8 · Chesterfield, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+5.6%
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 Chesterfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chesterfield 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
$1,940,000
ML approach
$1,700,000
CAP Approach
CAP Return
Estimation
6%
$1,460,000
6.5%
$1,345,000
7%
$1,250,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,000,000
Current use
RETAIL STORES
$1,055,000
Change: +6% · Conversion: Moderate
AUTO REPAIR, GARAGE
$955,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$1.58M
Range $1.42M – $1.74M · ±10% · vs last sale $1.60M (Feb 14 2025)
Last sale anchor
$1.60M
Feb 14 2025
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
$235 / 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
$48,198
Tax year 2023
Assessed value
$471,300
Assessed 2023
Previous assessed
$438,530
+7.5% YoY
Effective rate
10.23%
On assessed value
Assessed land
$265,600
Assessed improvement
$205,700
Land market value
$830,000
Improvement market value
$642,800
Total market value
$1,472,800
Applied tax rate
108.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1975
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
11
Total area
6,724 SF
Lot
2.12 ac (92,217 SF)
Zoning code
105C8
APN
21R-1-4-082-9
UPID
US48-0481058
Jurisdiction
ST LOUIS
Zoning & alternative use
105C8 · Chesterfield, MO
Zoning 105C8 · permitted uses
105C8 · Chesterfield, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chesterfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.0M
RETAIL STORES
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$955,000
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
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
1975
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
11
Lot
2.12 ac
Current owner
From public records · entity-resolved
Bamboo Baxter LLC
Entity
Mailing address
2546 WILLOW DR, ARNOLD, MO 63010-2829
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2025
$1,600,000
Bamboo Baxter LLC
Marion Becker Revocable Trust
Warranty Deed
$1,966,352 · Bank Of Hillsboro NA
Dec 11, 2023
—
Verna J Degeare
—
Deed
related
$353,000 · Midwest Bank Centre
Mar 31, 2023
—
The Marion Becker Revocable Trust
Marion E Becker
Affidavit Of Death Of Joint Tenant
related
—
Mar 3, 2009
—
Marion E Becker
Charles Becker
Affidavit Of Death Of Joint Tenant
related
$977,307 · Southern Commercial Bank
Jun 29, 1998
—
Charles Becker
Baxter Office Park Associates
Grant Deed
related
$1,200,000 · Southern Commercial Bank
—
—
Charles J Becker
—
Deed Of Trust
related
$1,200,000 · National Realty Funding LLC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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