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Property profile & analytics
OFF-MARKET
Estimated value
$990,000
Retail space
644 New Ballas Rd Saint Louis, MO 63141-6737
Entity Owned
Free & Clear
Property ID
US48-0505347
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1967
Construction
FRAME
Total area
4,688 SF
Lot
0.45 ac (19,602 SF)
Zoning code
82CB
APN
17O-3-4-250-4
UPID
US48-0505347
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
$1.00M
CAP Approach
CAP
$970k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$990k
Owner & transaction history
644 N New Ballas LLC
644 N New Ballas LLC
since 2025
6 recorded transactions
Zoning & alternative use
82CB · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$855,000
+16.4%
Office building
$825,000
+12.6%
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
$1,000,000
ML approach
$1,000,000
CAP Approach
CAP Return
Estimation
6%
$1,050,000
6.5%
$970,000
7%
$900,000
Alternative Use
Use
Estimation
RETAIL STORES
$735,000
Current use
COMMERCIAL (GENERAL)
$855,000
Change: +16% · Conversion: Easy
OFFICE BUILDING
$825,000
Change: +13% · Conversion: Easy
MEDICAL BUILDING
$720,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$990k
Range $891k – $1.09M · ±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
$211 / 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
$14,372
Tax year 2023
Assessed value
$136,350
Assessed 2023
Previous assessed
$122,080
+11.7% YoY
Effective rate
10.54%
On assessed value
Assessed land
$62,400
Assessed improvement
$73,950
Land market value
$195,000
Improvement market value
$231,100
Total market value
$426,100
Applied tax rate
108.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1967
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
11
Total area
4,688 SF
Lot
0.45 ac (19,602 SF)
Zoning code
82CB
APN
17O-3-4-250-4
UPID
US48-0505347
Jurisdiction
ST LOUIS
Zoning & alternative use
82CB · Saint Louis, MO
Zoning 82CB · permitted uses
82CB · Saint Louis, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint Louis. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$735,000
COMMERCIAL (GENERAL)
Est. value
$855,000
OFFICE BUILDING
Est. value
$825,000
MEDICAL BUILDING
Est. value
$720,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1967
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
11
Lot
0.45 ac
Current owner
From public records · entity-resolved
644 N New Ballas LLC
Entity
Free & Clear · 0 yrs held
Mailing address
652 N NEW BALLAS RD, SAINT LOUIS, MO 63141-6737
Ownership since
2025
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
Aug 12, 2025
—
644 N New Ballas LLC
Irene Douros Koutsohilis
Warranty Deed
—
Dec 2, 2024
$1,000,000
Irene Douros Koutsohilis
Frederick Thumin
Special Warranty Deed
$950,000 · Central Trust Bank
Apr 5, 2016
—
Thumin,frederick Living Trust
Thumin,frederick J
Quit Claim Deed
related
—
—
—
Frederick J Thumin
—
Deed Of Trust
related
$150,000 · Carrollton Bank
—
—
Frederick J Thumin
—
Deed Of Trust
related
$150,000 · Southwest Bank
—
—
Frederick J Thumin
—
Deed Of Trust
related
$225,000 · Union Planters National 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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