Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    6121 Hanley Rd Saint Louis, MO 63134-2003

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6121 Hanley Rd Saint Louis, MO 63134-2003

    View on Map
    • Medical Office Space
    • 93,605 SF
    • 6.10 lot acres
    Off-Market
    Property ID
    US48-1076779
    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
    $15,745,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • John C Murphy Health Center / Medical Clinic
    • Saint Louis County Department of Public Health / Public Health Department
    • St. Louis County Vital Records Office / Government Office
    • Katherine Boyer / Physician
    • Jonathan Richert / Physician

    Property Details for 6121 Hanley Rd

    Year built
    2012
    Construction
    FRAME
    Lot size
    6.10 lot acres
    Property size
    93,605 SF
    Zone code
    C
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    11K-3-4-163-5
    APU
    11K341635

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $17,990,000
      6.5%
      $16,605,000
      7%
      $15,420,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $20,445,000
      Market price range: $6.35M - $24.0M
      AI Estimate
      $10,189,000
      Market price range: $3.63M - $11.4M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $14,425,000
      Current use
      RESTAURANT
      $25,925,000
      Change: +80% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $17,030,000
      Change: +18% Conversion: Easy
      OFFICE BUILDING
      $13,980,000
      Change: -3% Conversion: Easy
      AUTO REPAIR, GARAGE
      $11,675,000
      Change: -19% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.3362
    Latitude
    38.7483
    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
    $0.00
    $425,340
    $4,529,540
    $4,954,880
    -
    $1,329,200
    $14,154,800
    $15,484,000

    Comparable in this City

    • Value Estimation by Request
      0.04 Acres

      6119 Hanley Rd

      MEDICAL CLINIC • 0.04 Acres
      6119 Hanley Rd, Saint Louis, MO 63134-2003
      View Details
    • Value Estimation by Request
      1,320 SF

      4441 Brown Rd

      MEDICAL CLINIC • 1,320 SF
      4441 Brown Rd, Saint Louis, MO 63134-3405
      View Details
    • Value Estimation by Request
      1,872 SF

      6156 Evergreen Blvd

      MEDICAL CLINIC • 1,872 SF
      6156 Evergreen Blvd, Saint Louis, MO 63134-2108
      View Details
    • Value Estimation
      $1,290,000
      13,044 SF

      4201 Mckibbon Rd

      MEDICAL CLINIC • 13,044 SF
      4201 Mckibbon Rd, Saint Louis, MO 63134-3217
      View Details
    • Value Estimation by Request

      Woodson Ter Industrial Ct St

      Office Units
      0 Woodson Ter Industrial Ct St, St. Louis, MO 63134
      View Details
    • Value Estimation by Request
      6,000 SF

      9331 Natural Brg Rd, Unit 100

      OFFICE BUILDING • 6,000 SF
      9331 Natural Brg Rd, Saint Louis, MO 63134-3103
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,810 SF

      Office/Warehouse Near Boeing Development

      3,810 SF office/warehouse space for sale near Boeing development.
      6128 Madison Ave, Saint Louis, MO 63134
      View Details
    • Contact for pricing
      9,162 SF

      Industrial Property with Outdoor Storage

      Two buildings with fenced, paved outdoor storage available for sale.
      8443 Wabash Ave, Saint Louis, MO 63134
      View Details
    • $210,000
      0.21 Acres

      Woodson Terrace Income Property

      Fully occupied duplex near highways and shopping in Woodson Terrace.
      9427 Bataan Dr, Woodson Terrace, MO 63134
      View Details
    • $4,950,000

      Berkeley Warehouse/Distribution Opportunity Zone

      102,758 SF industrial building in Berkeley, MO for sale.
      6665 Jonas Pl, Berkeley, MO 63134
      View Details
    • $175,000
      1,806 SF

      Auto Repair Shop with Bays

      Auto repair shop with three bays near major highways.
      8320 Frost Ave, Saint Louis, MO 63134
      View Details
    • $160,000
      Pending

      St. Louis Duplex Investment Opportunity

      Fully occupied duplex with updated units near highways and amenities.
      9743 Treadway Ln St, Louis, MO 63134
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Flexible Workspace Solutions

      Global network of workspaces with tailored options.
      Woodson Ter Industrial Ct St, Louis, MO 63134
      View Details
    • Contact for pricing

      Office Space For Lease

      Office space available for lease in St. Louis, Missouri.
      4349 Woodson Rd St, Louis, MO 63134
      View Details
    • Contact for pricing

      Commercial Space Available For Lease

      Commercial space available for lease at 5932 Jackson Ave.
      5932 Jackson Ave St, Louis, MO 63134
      View Details
    • Contact for pricing
      2,019 SF

      Saint Louis Industrial Space

      Industrial space available for lease in Saint Louis, Missouri.
      6553-6575 Romiss Ct, Saint Louis, MO 63134
      View Details
    • Contact for pricing

      Crane Served Warehouse For Rent

      Crane served warehouse with outside storage on 3.92 acres.
      5932 Jackson Ave St, Louis, MO 63134
      View Details
    • Contact for pricing

      Industrial Property for Lease

      Industrial property available for lease in St. Louis, MO.
      9150 Latty Ave St, Louis, MO 63134
      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.
    6121 Hanley Rd
    Saint Louis, MO 63134-2003
    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

    6121 Hanley Rd, Saint Louis, MO, 63134

    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!