Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Office Spaces
7000 Chippewa St Saint Louis, MO 63119-5636
Individually Owned
26-yr Hold
~
Est. High Equity
Property ID
US48-0125904
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1951
Construction
STEEL FRAME
Total area
4,800 SF
Lot
0.42 ac (18,426 SF)
Zoning code
F
APN
634600-02450
UPID
US48-0125904
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
$865k
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$860k
Owner & transaction history
Rocko R Bratic · 26 yrs held
Rocko R Bratic
since 1999
7 recorded transactions
Zoning & alternative use
F · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
is divided into 12 districts: “A” Single-Family Dwelling District, “B” Two-Family Dwelling District, “C” Multiple-Family Dwelling District, “D” Multiple-Family Dwelling District, “E” Multiple-Family Dwelling District, “F” Neighborhood Commercial District, “G” Local Commercial and Office District, “H” Area Commercial District, “I” Central Business District, “…
Zone name
Neighborhood Commercial District
General category
COMMERCIAL
Zone area
1,536.90 ac
Source
Citywide Zoning District Map
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%
$940,000
6.5%
$865,000
7%
$805,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$875,000
Current use
RETAIL STORES
$845,000
Change: -3% · Conversion: Easy
MEDICAL BUILDING
$740,000
Change: -15% · Conversion: Easy
OFFICE BUILDING
$715,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$860k
Range $774k – $946k · ±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
$179 / 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
$13,055
Tax year 2023
Assessed value
$136,000
Assessed 2023
Previous assessed
$136,000
+0.0% YoY
Effective rate
9.60%
On assessed value
Assessed land
$47,000
Assessed improvement
$89,000
Land market value
$147,000
Improvement market value
$278,000
Total market value
$425,000
Applied tax rate
16.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1951
Construction
STEEL FRAME
Heating
YES
Cooling
CENTRAL
Stories
2
Units
10
Total area
4,800 SF
Lot
0.42 ac (18,426 SF)
Zoning code
F
APN
634600-02450
UPID
US48-0125904
Jurisdiction
ST LOUIS CITY
Zoning & alternative use
F · Saint Louis, MOZoning F · permitted uses
F · Saint Louis, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
is divided into 12 districts: “A” Single-Family Dwelling District, “B” Two-Family Dwelling District, “C” Multiple-Family Dwelling District, “D” Multiple-Family Dwelling District, “E” Multiple-Family Dwelling District, “F” Neighborhood Commercial District, “G” Local Commercial and Office District, “H” Area Commercial District, “I” Central Business District, “J” Industrial District, “K” Unrestricted District, and “L” Jefferson Memorial Di
Zone name
Neighborhood Commercial District
General category
COMMERCIAL
Zone area
1,536.90 ac
Source
Citywide Zoning District Map
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$875,000
RETAIL STORES
Est. value
$845,000
MEDICAL BUILDING
Est. value
$740,000
OFFICE BUILDING
Est. value
$715,000
COMMERCIAL (GENERAL) Current
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
1951
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
2
Units
10
Lot
0.42 ac
Current owner
From public records · entity-resolved
Rocko R Bratic
Individual
Mailing address
PO BOX 230017, SAINT LOUIS, MO 63123-0717
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 1999
—
Rocko R Bratic
Layton,john R & Mary N
Grant Deed
$334,000 · Security Pacific National Bank
—
—
Rocko R Bratic
—
Deed Of Trust
related
—
—
—
Rocko R Bratic
—
Loan Modification
related
—
—
—
Rocko R Bratic
—
Deed Of Trust
related
—
—
—
Rocko R Bratic
—
Deed Of Trust
related
—
—
—
Rocko R Bratic
—
Loan Modification
related
—
—
—
Rocko R Bratic
—
Deed Of Trust
related
$250,000 · Bank Star
—
—
Rocko R Bratic
—
Loan Modification
related
—
—
—
Rocko R Bratic
—
Deed Of Trust
related
—
—
—
Rocko R Bratic
—
Deed Of Trust
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7000 Chippewa St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
