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Property profile & analytics
OFF-MARKET
Estimated value
$1,070,000
Retail space
516 Hanley Rd, Saint Louis, MO 63105-2038
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US48-3099745
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1990
Construction
METAL FRAME
Total area
6,578 SF
Lot
0.13 ac (5,615 SF)
Zoning code
14C-1
APN
19K-6-2-035-2
UPID
US48-3099745
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
$1.35M
CAP Approach
CAP
$1.36M
Comparable Approach
Comparable
$651k
Blend (final)
Blend
$1.07M
Owner & transaction history
Don Quixote INC · 3 yrs held
Don Quixote INC
since 2022
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
14C-1 · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+16.4%
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
$1,395,000
ML approach
$1,345,000
CAP Approach
CAP Return
Estimation
6%
$1,475,000
6.5%
$1,360,000
7%
$1,265,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,030,000
Current use
COMMERCIAL (GENERAL)
$1,195,000
Change: +16% · Conversion: Easy
MEDICAL BUILDING
$1,015,000
Change: -1% · Conversion: Difficult
OFFICE BUILDING
$980,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$1.07M
Range $963k – $1.18M · ±10% · vs last sale $1.08M (Sep 28 2022)
Last sale anchor
$1.08M
Sep 28 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
$163 / 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
$18,716
Tax year 2023
Assessed value
$211,800
Assessed 2023
Previous assessed
$125,440
+68.8% YoY
Effective rate
8.84%
On assessed value
Assessed land
$21,470
Assessed improvement
$190,330
Land market value
$84,200
Improvement market value
$691,400
Total market value
$775,600
Applied tax rate
106.0000
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
1990
Construction
METAL FRAME
Heating
HOT WATER
Cooling
CENTRAL
Stories
2
Rooms
11
Bathrooms
4
Total area
6,578 SF
Lot
0.13 ac (5,615 SF)
Zoning code
14C-1
APN
19K-6-2-035-2
UPID
US48-3099745
Jurisdiction
ST LOUIS
Zoning & alternative use
14C-1 · Saint Louis, MO
Zoning 14C-1 · permitted uses
14C-1 · 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
$1.0M
COMMERCIAL (GENERAL)
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.0M
OFFICE BUILDING
Est. value
$980,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
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
1990
Construction
METAL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Rooms
11
Bathrooms
4
Lot
0.13 ac
Current owner
From public records · entity-resolved
Don Quixote INC
Entity
Mailing address
1361 E BIG BEAVER RD, TROY, MI 48083-1937
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2022
$1,075,000
Don Quixote INC
First National Bank Of Waterloo
Warranty Deed
$645,000 · First National Bank Of Waterloo
Nov 5, 2021
$1,065,000
First National Bank Of Waterloo
Hanley 514 520 LLC
Trustees Deed
related
—
Feb 12, 2019
—
Hanley 514-520 LLC
Hanley 514-520 LLC
Quit Claim Deed
related
$990,000 · Best Hometown Bk
May 11, 2016
—
Hanley 514-520 LLC
—
Deed
related
$773,000 · St Johns Bk&tr
Jun 23, 2015
$700,000
Hanley 514-520 LLC
514-520 Hanley LLC
Grant Deed
$560,000 · St Johns Bk&tr
Oct 14, 2008
—
514-520 Hanley LLC
Wolken,michael J
Grant Deed
—
—
—
Hanley 514-520 LLC
—
Loan Modification
related
$773,000 · St Johns Bk&tr
—
—
Michael J Wolken
—
Deed Of Trust
related
$277,984 · Royal Bank Of Missouri
—
—
Michael J Wolken
—
Deed Of Trust
related
$472,437 · Royal Bank Of 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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