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Property profile & analytics
OFF-MARKET
Strip malls
701 New Ballas Rd, Saint Louis, MO 63141-6715
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US48-0182430
Property summary
AI-generated overview
Plaza Shops in Creve Coeur, Missouri, offers a fantastic retail opportunity at 701 N New Ballas Rd, 63141. This established shopping center boasts a total of 26,012 square feet of retail space, strategically located at the intersection of N Ballas Rd and Olive Blvd. Currently, there are 4,846 square feet of vacant space available, with a minimum divisible unit of 1,038 square feet and a maximum contiguous space of 2,396 square feet, perfect for a variety of retail uses, including storefront, shopping center, or restaurant concepts. The property provides ample parking with a ratio of 6.3 spaces per 1,000 square feet. The available space is delivered in "white box" condition, allowing for complete customization to suit your business needs. This high-traffic location in the Creve Coeur submarket offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a thriving retail environment. The property's prime location and flexible space options make it a compelling investment opportunity. Contact us today to learn more about this exceptional retail space.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1983
Construction
FRAME
Total area
4,758 SF
Lot
2.83 ac (123,275 SF)
Zoning code
82CB
APN
17O-3-3-122-1
UPID
US48-0182430
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
Current use
Occupant on record · Public records
-
Sauce on the Side® Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ch Retail Fund I & St Louis Plaz · 9 yrs held
Ch Retail Fund I & St Louis Plaz
since 2017
5 recorded transactions
Zoning & alternative use
82CB · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$131,311
Tax year 2023
Assessed value
$1,245,760
Assessed 2023
Previous assessed
$1,418,720
-12.2% YoY
Effective rate
10.54%
On assessed value
Assessed land
$591,710
Assessed improvement
$654,050
Land market value
$1,849,100
Improvement market value
$2,043,900
Total market value
$3,893,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1983
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
5
Stories
1
Total area
4,758 SF
Lot
2.83 ac (123,275 SF)
Zoning code
82CB
APN
17O-3-3-122-1
UPID
US48-0182430
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.
Building & site characteristics
From public records
Year built
1983
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
5
Lot
2.83 ac
Current owner
From public records · entity-resolved
Ch Retail Fund I & St Louis Plaz
Entity
Mailing address
3819 MAPLE AVE, DALLAS, TX 75219-3913
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2023
—
Chretail Fund I St Louis Plaza Shop
—
Deed
related
$387,000,000 · Mizuho Bank USA
Jun 26, 2017
—
Ch Retail Fund I & St Louis Plaz
—
Deed
related
$28,693,488 · Miscellaneous Ins Co
Mar 14, 2017
$6,650,000
Ch Retail Fund I & St Louis Plaz
Hutkin Plaza Shops LLC
Grant Deed
related
—
—
—
Hutkin Plaza Shops LLC
—
Deed Of Trust
related
$2,225,000 · American United Life Ins Co
—
—
Ch Retail Fund I & St Louis Plaz
—
Deed Of Trust
related
$28,693,488 · Miscellaneous Ins Co
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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