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Property profile & analytics
FOR SALE
Office buildings
618 Cepi Dr Chesterfield, MO 63005
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US48-0162534
For Sale
1 / 2
Contact for pricing
618 Cepi Dr, Chesterfield, MO 63005
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
FRAME
Total area
14,452 SF
Lot
1 ac (43,560 SF)
Zoning code
105M3
APN
17V-3-3-011-1
UPID
US48-0162534
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.19M
Owner & transaction history
Bourbon Lake LLC · 3 yrs held
Bourbon Lake LLC
since 2022
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
105M3 · Chesterfield, 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 Chesterfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chesterfield 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
$1,160,000
ML approach
$1,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,755,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$1.19M
Range $1.07M – $1.31M · ±10% · vs last sale $1.20M (Sep 8 2022)
Last sale anchor
$1.20M
Sep 8 2022
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
$82 / 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
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$36,965
Tax year 2023
Assessed value
$420,130
Assessed 2023
Previous assessed
$392,960
+6.9% YoY
Effective rate
8.80%
On assessed value
Assessed land
$125,440
Assessed improvement
$294,690
Land market value
$392,000
Improvement market value
$920,900
Total market value
$1,312,900
Applied tax rate
110.0000
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
For Sale
Year built
1988
Construction
FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
11
Total area
14,452 SF
Lot
1 ac (43,560 SF)
Zoning code
105M3
APN
17V-3-3-011-1
UPID
US48-0162534
Jurisdiction
ST LOUIS
Zoning & alternative use
105M3 · Chesterfield, MOZoning 105M3 · permitted uses
105M3 · Chesterfield, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$1.8M
MEDICAL BUILDING
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
1988
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Rooms
11
Lot
1 ac
Current owner
From public records · entity-resolved
Bourbon Lake LLC
Entity
Mailing address
PO BOX 4640, CHESTERFIELD, MO 63006-4640
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2022
$1,200,000
Bourbon Lake LLC
618 Cepi LLC
Special Warranty Deed
$780,000 · St Louis Bank
Dec 28, 2016
—
618 Cepi LLC
—
Deed
related
$449,900 · Midwest Bankcentre
Oct 21, 2016
—
618 Cepi LLC
—
Deed
related
$371,000 · Miscellaneous Govt Agcy
Jun 8, 2016
$830,000
618 Cepi LLC
Obrien Realty Venture INC
Warranty Deed
$810,000 · Bremen Bk&tr
—
—
618 Cepi LLC
—
Deed Of Trust
related
$371,000 · Miscellaneous Govt Agcy
—
—
618 Cepi LLC
—
Deed Of Trust
related
$810,000 · Bremen Bk&tr
—
—
618 Cepi LLC
—
Loan Modification
related
$449,900 · Midwest Bankcentre
—
—
Obrien Realty Venture INC
—
Deed Of Trust
related
$240,085 · Commercial Bank
—
—
Obrien Realty Venture INC
—
Deed Of Trust
related
$200,701 · Commercial Bank
—
—
Obrien Realty Venture INC
—
Deed Of Trust
related
$327,230 · Commercial Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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