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Property profile & analytics
OFF-MARKET
Estimated value
$7,550,000
Manufacturing properties
601 Cannonball Ln O Fallon, MO 63366-4411
Entity Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US48-0311097
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1971
Total area
116,089 SF
Lot
7.39 ac (321,908 SF)
Zoning code
AB3
APN
2-0056-6802-00-0001.0000000
UPID
US48-0311097
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
-
American Mail-Well Envelope Post Office
-
ABC Supply Co., Inc. Big Box & Wholesale Store Building Supply
-
601 Direct LLC (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.55M
Blend (final)
Blend
$7.55M
Owner & transaction history
First Industrial Inv II LLC · 16 yrs held
First Industrial Inv II LLC
since 2009
5 recorded transactions
Zoning & alternative use
AB3 · O Fallon, 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 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
INDUSTRIAL (GENERAL)
$9,820,000
Current use
Blend value · Realmo final
$7.55M
Range $6.80M – $8.31M · ±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
$65 / 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
$999,887
Assessed 2023
Previous assessed
$990,454
+1.0% YoY
Land market value
$684,054
Improvement market value
$2,440,594
Total market value
$3,124,648
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1971
Heating
FORCED AIR
Stories
1
Bathrooms
4
Total area
116,089 SF
Lot
7.39 ac (321,908 SF)
Zoning code
AB3
APN
2-0056-6802-00-0001.0000000
UPID
US48-0311097
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
INDUSTRIAL (GENERAL) Current
Est. value
$9.8M
INDUSTRIAL (GENERAL) Current
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
1971
Heating
FORCED AIR
Stories
1
Bathrooms
4
Lot
7.39 ac
Current owner
From public records · entity-resolved
First Industrial Inv II LLC
Entity
Free & Clear · 16 yrs held
Mailing address
600 CANNONBALL LN, O FALLON, MO 63366-4411
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2009
—
First Industrial Inv II LLC
First Indl Acquisitions INC
Quit Claim Deed
—
Dec 27, 2007
$2,920,000
First Indl Acquisitions INC
Cenveo Corp
Warranty Deed
related
—
Jun 8, 2005
—
Mail Well I Corp
Mail Well Corp
Quit Claim Deed
related
—
Apr 20, 2000
—
Mail-well I Corp
—
Deed Of Trust
related
—
—
—
601 Cannonball Lane LLC
—
Deed Of Trust
related
$3,487,394 · 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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