Add Listing
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

    6901 Chippewa St Saint Louis, MO 63109

    • Medical Office Space
    • 3,519 SF
    • 0.31 lot acres
    OFF-MARKET
    Last Sale
    Dec 19, 2022
    $475,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-3331593
    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

    • Medical Office Space

    Property Details for 6901 Chippewa St

    Year built
    1988
    Construction
    CONCRETE BLOCKS
    Lot size
    0.31 lot acres
    Property size
    3,519 SF
    Zone code
    F
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    627000-02500
    APU
    62700002500

    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
    Saint Louis City
    State
    Missouri
    Longitude
    -90.3096
    Latitude
    38.5891
    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
    $11,030
    $51,900
    $63,000
    $114,900
    -
    $162,100
    $197,000
    $359,100

    Comparable in this City

    • Value Estimation by Request
      2,550 SF

      6756 Chippewa St

      MEDICAL BUILDING • 2,550 SF
      6756 Chippewa St, Saint Louis, MO 63109-2542
      View Details
    • Value Estimation
      $1,060,000
      10,542 SF

      3915 Watson Rd

      MEDICAL BUILDING • 10,542 SF
      3915 Watson Rd, Saint Louis, MO 63109-1267
      View Details
    • Value Estimation
      $825,000
      14,826 SF

      6651 Chippewa St

      MEDICAL BUILDING • 14,826 SF
      6651 Chippewa St, Saint Louis, MO 63109-2538
      View Details
    • Value Estimation
      $1,125,000
      10,003 SF

      6435 Chippewa St

      MEDICAL BUILDING • 10,003 SF
      6435 Chippewa St, Saint Louis, MO 63109-2104
      View Details
    • Value Estimation by Request
      3,896 SF

      5213 Hampton Ave

      MEDICAL BUILDING • 3,896 SF
      5213 Hampton Ave, Saint Louis, MO 63109-3170
      View Details
    • Value Estimation by Request
      4,256 SF

      5400 Rhodes Ave St

      Office Units • 4,256 SF
      5400 Rhodes Ave St, St. Louis, MO 63109
      View Details

    Similar Nearby for Sale

    • $625,000
      4,400 SF

      High Visibility Hampton Avenue Office

      Freestanding office building with high-end finishes and excellent visibility.
      4700 Hampton Ave St, Louis, MO 63109
      View Details
    • $832,500
      4,500 SF

      St. Louis Retail Building - Owner/User

      Turnkey Salon w/ Apartment, High Visibility
      6762 Chippewa St St, St. Louis, MO 63109
      View Details
    • $350,000
      2,856 SF

      North Hampton Quadplex Investment Property

      Well-maintained, fully occupied 4-unit quadplex in desirable North Hampton neighborhood.
      5026 Chippewa St, Louis, MO 63109
      View Details
    • $289,000
      2,620 SF

      Southampton Duplex with Updated Unit

      Two-family property in St. Louis with renovated vacant unit.
      4969 Walsh St St, Louis, MO 63109
      View Details
    • New
      $225,000
      1,334 SF

      South City Duplex Investment Property

      Updated duplex in South City with strong cash flow potential.
      5625 Chippewa St St, Louis, MO 63109
      View Details
    • New
      $330,000
      Pending

      South Hampton Two-Family Brick Duplex

      Well-maintained duplex in a desirable, walkable St. Louis neighborhood.
      5033 Bancroft Ave St, Louis, MO 63109
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1 SF

      St. Louis Medical Office Building

      Four-story medical office, 1 suite available.
      6651 Chippewa St St, St. Louis, MO 63109
      View Details
    • Contact for pricing
      4,250 SF

      Medical Office in High-Traffic Area

      Well-equipped medical office with high visibility and ample parking.
      5701 Chippewa St, Saint Louis, MO 63109
      View Details
    • $18 SF/Yr
      1,900 SF

      Retail/Office Building on Hampton Avenue

      Freestanding 1,900 SF building on high-traffic Hampton Avenue.
      4601 Hampton Ave, Saint Louis, MO 63109
      View Details
    • Contact for pricing
      217,702 SF

      Hampton Village Plaza Office Suites

      St. Louis Executive Office Space Available
      60 Hampton Vlg Plz St, St. Louis, MO 63109
      View Details
    • $14 SF/Yr
      2,583 SF

      Updated Office Space For Rent

      Updated office space with high-end finishes in high-traffic area.
      4700 Hampton Ave St, Louis, MO 63109
      View Details
    • $14 SF/Yr
      4,221 SF

      Retail Space in Vibrant Neighborhood

      Retail units for lease in a high-traffic St. Louis location.
      5848-5858 Hampton Ave St, Louis, MO 63109
      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.
    6901 Chippewa St
    Saint Louis, MO 63109
    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.
    Sign Up Successful!
    You now have access to more from Realmo!