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

    6308 Hazelwest Ct Hazelwood, MO 63042-1756

    • Office buildings
    • 4,800 SF
    • 0.29 lot acres
    OFF-MARKET
    Last Sale
    Jun 28, 2024
    $240,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-0808698
    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

    • North County Sports Fitness / Physician
    • old jamestown realty / Real Estate Agency
    • Hazelwest Family Care Clinic / Medical Clinic
    • Edward Jones - Financial Advisor: Eric J Tucker / Financial Advisor
    • Adedokun Akeeb MD / Physician

    Property Details for 6308 Hazelwest Ct

    Year built
    1991
    Construction
    FRAME
    Lot size
    0.29 lot acres
    Property size
    4,800 SF
    Zone code
    80G
    Property type
    Office buildings
    APN
    09L-5-3-139-5
    APU
    09L531395

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Hazelwood
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.3765
    Latitude
    38.7835
    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
    $7,550
    $24,450
    $42,780
    $67,230
    -
    $76,400
    $133,700
    $210,100

    Comparable in this City

    • Value Estimation
      $870,000
      9,264 SF

      401 Chez Paree Dr

      OFFICE BUILDING • 9,264 SF
      401 Chez Paree Dr, Hazelwood, MO 63042-3599
      View Details
    • Value Estimation by Request
      4,294 SF

      7001 Howdershell Rd

      OFFICE BUILDING • 4,294 SF
      7001 Howdershell Rd, Hazelwood, MO 63042-3805
      View Details
    • Value Estimation by Request
      2,950 SF

      7440 Lindbergh Blvd

      PROFESSIONAL BUILDING • 2,950 SF
      7440 Lindbergh Blvd, Hazelwood, MO 63042-2121
      View Details
    • Value Estimation
      $8,220,000
      90,197 SF

      12301 Missouri Btm Rd

      OFFICE BUILDING • 90,197 SF
      12301 Missouri Btm Rd, Hazelwood, MO 63042-1512
      View Details
    • Value Estimation by Request
      2,400 SF

      625 Hazelvalley Dr

      OFFICE BUILDING • 2,400 SF
      625 Hazelvalley Dr, Hazelwood, MO 63042-3510
      View Details
    • Value Estimation by Request
      1,172 SF

      817 Hazelwest Dr

      OFFICE BUILDING • 1,172 SF
      817 Hazelwest Dr, Hazelwood, MO 63042
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,272 SF

      Hazelwood Office Building For Sale

      Office building near Lambert Airport with ample parking.
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    • Contact for pricing
      40,816 SF

      Hazelwood Executive Office Building

      Prime Office Space, 40,816 SF, Missouri
      975 Hornet Dr, Hazelwood, MO 63042
      View Details
    • $2,800,000
      1.49 Acres

      Hazelwood Commercial Investment Opportunity

      High-traffic, C-2 zoned land with two buildings.
      3726 Howdershell Rd, Hazelwood, MO 63042
      View Details
    • $199,000
      2.75 Acres

      Hazelwood Commercial Land - $199K

      2.75 Acres, Prime Commercial Lot
      7221 Willow Ln, Hazelwood, MO 63042
      View Details
    • $595,000
      3.70 Acres

      Hazelwood Industrial Land - $595K

      Prime 3.7-acre industrial lot, excellent access.
      4872 Park 370 Blvd, Hazelwood, MO 63042
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    • $160,000
      5.00 Acres

      Residential Land in Church Hill

      5 acre residential lot in desirable Church Hill Downs.
      10615 Polo Downs Pkwy, Dutzow, MO 63042
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    Similar Nearby for Lease

    • Contact for pricing
      40,816 SF

      Hazelwood Executive Office Space

      Prime Hazelwood Office, 40,816 SF Available
      975 Hornet Dr, Hazelwood, MO 63042
      View Details
    • $12 SF/Yr
      168,096 SF

      Hazelwood Medical Office Space

      Prime Hazelwood location, multiple suites available
      1 Village Square Shopping Center, Hazelwood, MO 63042
      View Details
    • $3,000 /Mo
      12,000 SF

      Hazelwood Warehouse/Distribution Facility For Rent

      12,000 SF warehouse/distribution facility with office space for rent.
      183-195 James S Mcdonnell Blvd, Hazelwood, MO 63042
      View Details
    • Contact for pricing
      212,000 SF

      Hazelwood Industrial Distribution Center

      212,000 SF Warehouse - For Lease
      5522 St Louis Mls Cir, Hazelwood, MO 63042
      View Details
    • $6 SF/Yr
      44,010 SF

      Hazelwood Distribution Facility Available

      199,288 SF distribution facility in Hazelwood, Missouri.
      306 Hazelwood Logistics Center Dr, Hazelwood, MO 63042
      View Details
    • Contact for pricing
      9,600 SF

      Retail Space in Aviator Park

      Retail opportunity in a large, highly occupied business park.
      6052 North Lindbergh Blvd, Hazelwood, MO 63042
      View Details
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    Hazelwood, MO 63042-1756
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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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