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

    6124-6128 Broadway Saint Louis, MO 63147

    • Strip malls
    • 11,126 SF
    • 7.21 lot acres
    OFF-MARKET
    Value Estimations
    $675,000
    Show details
    Cap Rate Potential
    7.8%
    Strip malls
    Location Intelligence
    Property ID
    US48-1055725
    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.

    Current Use by Public Records

    • Strip malls

    Property Details for 6124-6128 Broadway

    Year built
    2013
    Construction
    STEEL FRAME
    Lot size
    7.21 lot acres
    Property size
    11,126 SF
    Zone code
    J
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    346100-00150
    APU
    34610000150

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $600,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $780,000
      6.5%
      $720,000
      7%
      $670,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $707,000
      Market price range: $211k - $708k

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Louis
    County
    Saint Louis City
    State
    Missouri
    Longitude
    -90.2171
    Latitude
    38.6852
    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
    $174,362
    $251,300
    $1,565,100
    $1,816,400
    -
    $785,400
    $4,890,900
    $5,676,300

    Comparable in this City

    • Value Estimation
      $1,140,000
      28,676 SF

      8960 Riverview Blvd

      SHOPPING CENTER, STRIP CENTER • 28,676 SF
      8960 Riverview Blvd, Saint Louis, MO 63147-1477
      View Details
    • Value Estimation
      $505,000
      0.00 Acres

      8316th Halls Fry Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.00 Acres
      8316th Halls Fry Rd, Saint Louis, MO 63147-2321
      View Details
    • Value Estimation by Request

      6279 Wabash Norfolk Western Rr

      RETAIL STORES (PERSONAL SERVICES)
      6279 Wabash Norfolk Western Rr, Saint Louis, MO 63147
      View Details
    • Value Estimation
      $540,000
      0.07 Acres

      3143-3145 11th St

      RETAIL STORES (PERSONAL SERVICES) • 0.07 Acres
      3143-3145 11th St, Saint Louis, MO 63147
      View Details
    • Value Estimation
      $540,000
      0.10 Acres

      544 Baden Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.10 Acres
      544 Baden Ave, Saint Louis, MO 63147
      View Details
    • Value Estimation
      $550,000
      0.89 Acres

      920 Baden Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.89 Acres
      920 Baden Ave, Saint Louis, MO 63147-1802
      View Details

    Similar Nearby for Sale

    • $370,000
      0.12 Acres

      Mixed-Use Property in St Louis

      Income-producing property with office, event center, and garage.
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      Commercial Building with Auto Shop Potential

      Commercial building with two-car garage, suitable for auto shop.
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      Retail and Residential Building Available

      Retail space with a two-bedroom apartment in high-traffic area.
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      Truck Service Center For Sale

      Commercial opportunity with new roof, large service area, fenced lot.
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    • $200,000
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      St Louis Restaurant Opportunity

      Carry-out restaurant with updated systems in high-traffic area.
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    • $1,195,000
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      St. Louis Office/Warehouse - $1.2M

      Prime St. Louis location, office & warehouse space.
      4560 2Nd St, St. Louis, MO 63147
      View Details

    Similar Nearby for Lease

    • $400 /Mo
      5,105 SF

      Retail Space in High-Traffic Area

      Retail spaces available in high-traffic St. Louis location.
      7954 N Broadway St N, Louis, MO 63147
      View Details
    • $4 SF/Yr
      39,500 SF

      St. Louis Warehouse - 39,500 SF

      Spacious St. Louis industrial warehouse for lease.
      650 Taylor Ave St, St. Louis, MO 63147
      View Details
    • $6 SF/Yr
      163,490 SF

      Hall Street Warehouse - For Lease

      69,422 SF Industrial Space Available
      6501 Hall St St, St. Louis, MO 63147
      View Details
    • Contact for pricing

      4.5 Acre Fenced Storage Land

      4.5 acres, fenced, gated, with I-70 and MO-367 access.
      8888 Hall St, Louis, MO 63147
      View Details
    • Contact for pricing
      92,895 SF

      St. Louis Distribution Center

      Large industrial space, excellent access.
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      View Details
    • $4 SF/Yr
      25,227 SF

      St. Louis Executive Office/Warehouse

      Prime St. Louis location, large space available.
      4560 2Nd St, St. Louis, MO 63147
      View Details
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    6124-6128 Broadway
    Saint Louis, MO 63147
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    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
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