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Property profile & analytics
OFF-MARKET
Estimated value
$7,515,000
Office buildings
600 Cannonball Ln O Fallon, MO 63366-4411
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US48-3389686
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Total area
72,769 SF
Lot
7.8 ac (339,768 SF)
Zoning code
AB3
APN
2-0056-S027-00-0001.1000000
UPID
US48-3389686
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
-
PDTC-1Eagle 1 High School
-
O'Fallon Casting Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.51M
Blend (final)
Blend
$7.52M
Owner & transaction history
Ofallon Real Estate LLC · 16 yrs held
Ofallon Real Estate LLC
since 2010
1 recorded transaction
Zoning & alternative use
AB3 · O Fallon, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$12.2M
+17.6%
Neighborhood: shopping center
$10.3M
+0.0%
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 O Fallon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs O Fallon 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$10,335,000
Current use
RETAIL STORES
$12,150,000
Change: +18% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$10,340,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$7.52M
Range $6.76M – $8.27M · ±10%
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
$103 / 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
Property tax & assessments
Assessed value
$958,132
Assessed 2023
Previous assessed
$905,335
+5.8% YoY
Land market value
$764,478
Improvement market value
$2,229,685
Total market value
$2,994,163
Applied tax rate
2.0000
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
Off-Market
Year built
1982
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
72,769 SF
Lot
7.8 ac (339,768 SF)
Zoning code
AB3
APN
2-0056-S027-00-0001.1000000
UPID
US48-3389686
Jurisdiction
ST CHARLES
Zoning & alternative use
AB3 · O Fallon, MO
Zoning AB3 · permitted uses
AB3 · O Fallon, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
O Fallon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$10.3M
RETAIL STORES
Est. value
$12.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.3M
OFFICE BUILDING Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1982
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
7.8 ac
Current owner
From public records · entity-resolved
Ofallon Real Estate LLC
Entity
Mailing address
600 CANNONBALL LN, O FALLON, MO 63366-4411
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 5, 2010
—
Ofallon Real Estate LLC
Ofallon Casting LLC
Quit Claim Deed
$1,945,680 · O'fallon Casting 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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