Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6865 Heege Rd Saint Louis, MO 63123-2334

    • Data centers and call centers
    • 3,534 SF
    • 12.63 lot acres
    OFF-MARKET
    Value Estimations
    $780,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-0811972
    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

    • Data centers and call centers

    Property Details for 6865 Heege Rd

    Year built
    1958
    Construction
    FRAME
    Lot size
    12.63 lot acres
    Property size
    3,534 SF
    Zone code
    C-8
    Property type
    Data centers and call centers
    APN
    24J-1-1-012-2
    APU
    24J110122

    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
    Saint Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.3322
    Latitude
    38.5682
    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
    $29,917
    $69,700
    $166,240
    $235,940
    -
    $217,800
    $519,500
    $737,300

    Comparable in this City

    • Value Estimation
      $810,000
      10,080 SF

      7555 Mackenzie Rd

      RADIO OR TV STATION • 10,080 SF
      7555 Mackenzie Rd, Saint Louis, MO 63123
      View Details
    • Value Estimation by Request

      6901 Heege Rd, Unit A

      RADIO OR TV STATION
      6901 Heege Rd, Saint Louis, MO 63123-2336
      View Details
    • Value Estimation by Request
      109,397 SF

      5400-5479 Southfield Ctr Blvd St

      Individual retail properties • 109,397 SF
      5400-5479 Southfield Ctr Blvd St, St. Louis, MO 63123
      View Details
    • Value Estimation by Request
      17,378 SF

      11124 Towne Sq St

      Office Properties & Spaces • 17,378 SF
      11124 Towne Sq St, St. Louis, MO 63123
      View Details
    • Value Estimation by Request
      3,756 SF

      9015 Gravois Rd

      PROFESSIONAL BUILDING • 3,756 SF
      9015 Gravois Rd, Saint Louis, MO 63123-4625
      View Details
    • Value Estimation by Request
      3,978 SF

      8507 Gravois Rd

      PROFESSIONAL BUILDING • 3,978 SF
      8507 Gravois Rd, Saint Louis, MO 63123-4603
      View Details

    Similar Nearby for Sale

    • $2,100,000
      20,000 SF

      Prime St. Louis Office Building

      20,000 SF Class A Office, 93% Occupancy
      11116 Towne Sq St, St. Louis, MO 63123
      View Details
    • $1,250,000
      19,473 SF

      Versatile Commercial Building on Gravois Road

      Adaptable commercial property in central St. Louis location.
      8301 Gravois Rd St, Louis, MO 63123
      View Details
    • $2,170,000
      11,357 SF

      Office Building For Sale/Lease

      Office building leased through 2026, renovated in 2017.
      11102 Lindbergh Business Ct, Saint Louis, MO 63123
      View Details
    • $675,000
      13,423 SF

      St Louis Retail/Warehouse/Office Space

      13,423 SF retail/warehouse/office space on high-traffic Gravois Road.
      8213 Gravois Rd St, Louis, MO 63123
      View Details
    • $675,000
      13,200 SF

      Gravois Road Retail/Warehouse/Office Space

      13,423 SF retail/warehouse/office space on high-traffic street.
      8213 Gravois Rd, Saint Louis, MO 63123
      View Details
    • $325,000
      4,800 SF

      Mixed-Use Building in Affton

      Mixed-use property with office and residential space in St. Louis.
      8227 Gravois Rd St, Louis, MO 63123
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      17,378 SF

      Prime St. Louis Office Space

      Class A Office Suites, 2,000-6,000 SF
      11124 Towne Sq St, St. Louis, MO 63123
      View Details
    • $17 SF/Yr
      1,466 SF

      Prime St. Louis Executive Suites

      1,000 SF Office Space Available
      9962 Lin Fry St, St. Louis, MO 63123
      View Details
    • Contact for pricing
      109,397 SF

      St. Louis Medical Office Space

      Prime Medical Office Suites Available Now
      5400-5479 Southfield Ctr Blvd St, St. Louis, MO 63123
      View Details
    • Contact for pricing
      1,500 SF

      Office Space with I-55 Access

      900 SF office space with immediate I-55 access.
      4211-4271 Bayless Ave, Saint Louis, MO 63123
      View Details
    • $19 SF/Yr
      15,670 SF

      Green Park Office Space Available

      1,800 SF Office, Prime Location
      11132 Towne Sq St, St. Louis, MO 63123
      View Details
    • $17 SF/Yr
      20,000 SF

      Class A Office Building

      Well-maintained office building with easy access to major highways.
      Saint Louis, MO 63123
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6865 Heege Rd
    Saint Louis, MO 63123-2334
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.