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Property profile & analytics
OFF-MARKET
Estimated value
$970,000
Retail space
550 Spirit Of Saint Louis Blvd Chesterfield, MO 63005-1002
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US48-0201125
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Construction
FRAME
Total area
6,132 SF
Lot
0.59 ac (25,700 SF)
Zoning code
105M3
APN
17V-1-4-011-2
UPID
US48-0201125
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
$1.07M
CAP Approach
CAP
$1.27M
Comparable Approach
Comparable
$827k
Blend (final)
Blend
$970k
Owner & transaction history
Patricia A Mckelvey Real Estate INC · 3 yrs held
Patricia A Mckelvey Real Estate INC
since 2023
Last sale
$930,000
4 recorded transactions
Zoning & alternative use
105M3 · Chesterfield, 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 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
$1,085,000
ML approach
$1,065,000
CAP Approach
CAP Return
Estimation
6%
$1,375,000
6.5%
$1,270,000
7%
$1,180,000
Alternative Use
Use
Estimation
RETAIL STORES
$930,000
Current use
OFFICE BUILDING
$890,000
Change: -5% · Conversion: Easy
AUTO REPAIR, GARAGE
$870,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$970k
Range $873k – $1.07M · ±10% · vs last sale $930k (Jan 18 2023)
Last sale anchor
$930k
Jan 18 2023
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
$158 / 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
$17,327
Tax year 2023
Assessed value
$196,930
Assessed 2023
Previous assessed
$175,300
+12.3% YoY
Effective rate
8.80%
On assessed value
Assessed land
$54,690
Assessed improvement
$142,240
Land market value
$170,900
Improvement market value
$444,500
Total market value
$615,400
Applied tax rate
110.0000
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
2006
Construction
FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
11
Bathrooms
6
Total area
6,132 SF
Lot
0.59 ac (25,700 SF)
Zoning code
105M3
APN
17V-1-4-011-2
UPID
US48-0201125
Jurisdiction
ST LOUIS
Zoning & alternative use
105M3 · Chesterfield, MOZoning 105M3 · permitted uses
105M3 · Chesterfield, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$930,000
OFFICE BUILDING
Est. value
$890,000
AUTO REPAIR, GARAGE
Est. value
$870,000
RETAIL STORES Current
OFFICE BUILDING
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
2006
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Rooms
11
Bathrooms
6
Lot
0.59 ac
Current owner
From public records · entity-resolved
Patricia A Mckelvey Real Estate INC
Entity
Mailing address
17280 N OUTER 40TH RD, CHESTERFIELD, MO 63005-1442
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2023
$930,000
Patricia A Mckelvey Real Estate INC
Capstone America LLC
Special Warranty Deed
$615,732 · Together Cu
Apr 12, 2006
—
Capstone America LLC
—
Trustees Deed
related
$450,000 · Missouri State Bank & Trust Co
Jan 9, 2002
—
Capstone America LLC
Edison Avenue Investments INC
Grant Deed
$296,561 · Bank Of America
Nov 2, 2001
—
Edison Avenue Investments INC
550 Spirit LLC
Grant Deed
$289,000 · Allegiant Bank
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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