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Property profile & analytics
OFF-MARKET
Estimated value
$990,000
Strip malls
6500 Lindbergh Blvd, Saint Louis, MO 63123-7807
Entity Owned
9-yr Hold
Free & Clear
Property ID
US48-1506698
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2017
Total area
18,500 SF
Lot
1.77 ac (77,145 SF)
Zoning code
C-8
APN
28K-3-1-081-1
UPID
US48-1506698
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
$1.23M
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$990k
Owner & transaction history
Lormil I LLC · 9 yrs held
Lormil I LLC
since 2016
7 recorded transactions
Zoning & alternative use
C-8 · Saint Louis, 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 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%
$1,325,000
6.5%
$1,225,000
7%
$1,135,000
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
$54 / 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
$139,089
Tax year 2023
Assessed value
$1,518,490
Assessed 2023
Previous assessed
$1,134,840
+33.8% YoY
Effective rate
9.16%
On assessed value
Assessed land
$197,500
Assessed improvement
$1,320,990
Land market value
$617,200
Improvement market value
$4,128,100
Total market value
$4,745,300
Applied tax rate
120.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2017
Heating
NONE
Stories
1
Units
1
Total area
18,500 SF
Lot
1.77 ac (77,145 SF)
Zoning code
C-8
APN
28K-3-1-081-1
UPID
US48-1506698
Jurisdiction
ST LOUIS
Zoning & alternative use
C-8 · Saint Louis, MO
Zoning C-8 · permitted uses
C-8 · 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.
Building & site characteristics
From public records
Year built
2017
Heating
NONE
Stories
1
Units
1
Lot
1.77 ac
Current owner
From public records · entity-resolved
Lormil I LLC
Entity
Free & Clear · 9 yrs held
Mailing address
1401 S BRENTWOOD BLVD STE #520, SAINT LOUIS, MO 63144-1433
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2018
—
Lormil I LLC
—
Deed
related
$4,700,000 · Busey Bk
Jun 9, 2017
—
Lormil I LLC
—
Deed
related
$4,800,000 · Privatebank & Tr
Nov 10, 2016
—
Lormil I LLC
Lormil LLC
Quit Claim Deed
—
Oct 11, 2007
$4,170,221
Motel 6 Operating
Nh St Louis Statutory Trust
Grant Deed
related
—
Oct 11, 2007
$11,564
Nh,st Louis Statutory Trust
Nh6 Lr Xi Ltd
Grant Deed
related
—
—
—
Lormil I LLC
—
Deed Of Trust
related
$4,800,000 · Privatebank & Tr
—
—
Lormil I LLC
—
Deed Of Trust
related
$4,700,000 · Busey 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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