Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    602 5th St Washington, MO 63090-1920
    Back to Search
    Property profile & analytics

    602 5th St, Washington, MO 63090-1920

    View on Map
    • Office Spaces
    • 2,996 SF
    • 0.20 lot acres
    Off-Market
    Property ID
    US48-3289834
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 602 5th St

    Year built
    1952
    Lot size
    0.20 lot acres
    Property type
    Office Spaces
    APN
    10-5-22.0-2-052-360.000
    APU
    1052202052360000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 13, 2019 — Meraki Investments LLC — Deed · related $115k · Bank Of Wa
    Sep 19, 2019 — Meraki Investments LLC — Deed · related $98k · Miscellaneous Govt Agcy
    Oct 16, 2018 — Meraki Investments LLC Bank Of Franklin Cnty Warranty Deed $208k · Bank Of Wa
    Apr 20, 2009 $5,000 Bank Of Franklin County Owner Name Unavailable Trustees Deed · related —
    Dec 15, 2005 — D & D's Little Sicily LLC Little Sicily INC Warranty Deed —
    Aug 17, 2004 — Little Sicily INC Camuglia,vincenzo Warranty Deed · related —
    — — Meraki Investments LLC — Deed Of Trust · related $98k · Miscellaneous Govt Agcy
    — — Meraki Investments LLC — Loan Modification · related $115k · Bank Of Wa
    — — Meraki Investments LLC — Deed Of Trust · related $116k · Bank Of Wa
    — — D & Ds Little Sicily LLC — Deed Of Trust · related $38k · Bank Of Franklin

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Franklin
    State
    Missouri
    Longitude
    -91.0196
    Latitude
    38.557
    CBSA code
    41180
    CBSA name
    ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,551
    $0.00
    $0.00
    $73,920
    -
    $97,150
    $133,850
    $231,000

    Comparable in this City

    • Value Estimation by Request
      2,367 SF

      5121 Old Hwy 100

      OFFICE (GENERAL)
      5121 Old Hwy 100, Washington, MO 63090-3855
      View Details
    • Value Estimation by Request
      2,560 SF

      100 Frnt St

      OFFICE (GENERAL)
      100 Frnt St, Washington, MO 63090-2115
      View Details
    • Value Estimation by Request
      11,367 SF

      Recreation Dr

      OFFICE (GENERAL)
      Recreation Dr, Washington, MO 63090
      View Details
    • Value Estimation by Request
      2,483 SF

      819 5th St

      OFFICE (GENERAL)
      819 5th St, Washington, MO 63090-1923
      View Details
    • Value Estimation by Request
      1,980 SF

      1811-1815 5th St

      OFFICE (GENERAL)
      1811-1815 5th St, Washington, MO 63090
      View Details
    • Value Estimation by Request
      159,840 SF

      1 Cablecar Dr

      OFFICE (GENERAL)
      1 Cablecar Dr, Washington, MO 63090-1119
      View Details

    Similar Nearby for Sale

    • New
      $750,000
      2,836 SF

      Corner Retail Building with Vacant Suite

      Renovated masonry corner building offers an operating salon space plus a vacant second unit for flexible use.
      24 W 2Nd St, Washington, MO 63090
      View Details
    • $355,000
      2,100 SF

      Charming Commercial Building in Washington

      Updated 3-story commercial building with flexible commercial potential.
      202 E 5Th St, Washington, MO 63090
      View Details
    • $785,000
      4,059 SF

      Downtown Washington MO Retail/Office Space

      Prime downtown location with multiple rental units and river views.
      11 W Main A B, Washington, MO 63090
      View Details
    • $1,425,000
      7,500 SF

      Office Building with Highway Access

      7,000 SF office building with ample parking and visibility.
      1080 Caroline Dr, Washington, MO 63090
      View Details
    • $192,000
      0.50 Acres

      High-Visibility Commercial Lot with Potential

      Versatile commercial property with live/work possibilities on high-traffic roadway.
      1853 Highway A, Washington, MO 63090
      View Details
    • $349,900
      0.11 Acres

      Prime Washington, MO Office Building

      Renovated Commercial Space, High Visibility
      10 3Rd St, Washington, MO 63090
      View Details

    Similar Nearby for Lease

    • $5,405 /Mo

      1351 Jefferson St, Unit 206

      Washington, Missouri - Discover your business’s next home (206)
      1351 Jefferson St, Washington, MO 63090
      View Details
    • $3,600 /Mo

      1351 Jefferson St, Unit 204

      Washington, Missouri, Position your business for success (204)
      1351 Jefferson St, Washington, MO 63090
      View Details
    • $1,850 /Mo

      Downtown Washington Commercial Space Available

      Modern office/retail space in historic downtown Washington, Missouri.
      206 Lafayette St, Washington, MO 63090
      View Details
    • Contact for pricing
      1,100 SF

      Accessible Office Suite For Rent

      1,100 SF office suite with ample natural light.
      901 W 14Th St, Washington, MO 63090
      View Details
    • Contact for pricing
      50,000 SF

      Industrial Space with Crane-ways

      Industrial space available for lease with outdoor storage.
      100 W 10Th St, Washington, MO 63090
      View Details
    • Contact for pricing
      22,000 SF

      Industrial Warehouse Space Available

      22,000 SF industrial warehouse for lease, fully sprinklered.
      1699 W Main St, Washington, MO 63090
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    602 5th St
    Washington, MO 63090-1920
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    602 5th St, Washington, MO, 63090
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!