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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Investment properties
6400 Wise Ave 6416 Saint Louis, MO 63139-3315
Entity Owned
11-yr Hold
Free & Clear
Property ID
US48-0250038
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2007
Construction
CONCRETE BLOCKS
Total area
8,070 SF
Lot
0.26 ac (11,415 SF)
Zoning code
AF
APN
507400-01507
UPID
US48-0250038
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
by Request
CAP Approach
CAP
$1.46M
Comparable Approach
Comparable
$1.35M
Blend (final)
Blend
$665k
Owner & transaction history
Pacland & Associates LLC · 11 yrs held
Pacland & Associates LLC
since 2015
6 recorded transactions
Zoning & alternative use
AF · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Citywide Zoning District Map
Top alternative use upside
Restaurant
$2.2M
+52.2%
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 Saint Louis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Louis 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,580,000
6.5%
$1,455,000
7%
$1,355,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,470,000
Current use
RESTAURANT
$2,235,000
Change: +52% · Conversion: Difficult
RETAIL STORES
$1,420,000
Change: -3% · Conversion: Easy
MEDICAL BUILDING
$1,245,000
Change: -15% · Conversion: Easy
OFFICE BUILDING
$1,205,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$665k
Range $599k – $732k · ±10%
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
$72,918
Tax year 2023
Assessed value
$850,370
Assessed 2023
Previous assessed
$850,370
+0.0% YoY
Effective rate
8.57%
On assessed value
Assessed land
$37,450
Assessed improvement
$812,920
Land market value
$148,400
Improvement market value
$3,644,700
Total market value
$3,793,100
Applied tax rate
24.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2007
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
CENTRAL
Stories
4
Units
13
Total area
8,070 SF
Lot
0.26 ac (11,415 SF)
Zoning code
AF
APN
507400-01507
UPID
US48-0250038
Jurisdiction
ST LOUIS CITY
Zoning & alternative use
AF · Saint Louis, MOZoning AF · permitted uses
AF · Saint Louis, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Citywide Zoning District Map
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.5M
RESTAURANT
Est. value
$2.2M
RETAIL STORES
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
OFFICE 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
2007
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
4
Units
13
Lot
0.26 ac
Current owner
From public records · entity-resolved
Pacland & Associates LLC
Entity
Free & Clear · 11 yrs held
Mailing address
PO BOX 221609, SAINT LOUIS, MO 63122-8609
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2019
—
Pacland & Associates LLC
—
Grant Deed
related
$4,000,000 · Jacobs Marie D Living Tr (lt)
Apr 7, 2015
$3,930,000
Pacland & Associates LLC
Rithi INC
Warranty Deed
—
Aug 8, 2013
$3,690,000
Rithi INC
Lehman Place LLC
Trustees Deed
$3,311,500 · Sterling Bk
Apr 3, 2013
—
Lehman Place LLC
Capstone Dev Group LLC
Quit Claim Deed
related
$3,655,000 · Sterling Bk
Dec 22, 2009
$3,000,000
Capstone Dev Group LLC
Southern Coml Bk
Trustees Deed
$2,550,000 · Southern Com'l Bk
—
—
Capstone Dev Group LLC
—
Deed Of Trust
related
$500,168 · Sterling Bk
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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