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Property profile & analytics
OFF-MARKET
Turn key restaurants
705 Lemay Fry Rd Saint Louis, MO 63125-1427
Entity Owned
3-yr Hold
Free & Clear
Property ID
US48-0155008
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1960
Construction
FRAME
Total area
7,490 SF
Lot
0.9 ac (39,204 SF)
Zoning code
C2
APN
26G-1-1-196-5
UPID
US48-0155008
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
705 Lemay Ferry Development LLC · 3 yrs held
705 Lemay Ferry Development LLC
since 2023
Last sale
$295,000
5 recorded transactions
Zoning & alternative use
C2 · 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
$12,428
Tax year 2023
Assessed value
$112,000
Assessed 2023
Previous assessed
$112,000
+0.0% YoY
Effective rate
11.10%
On assessed value
Assessed land
$30,110
Assessed improvement
$81,890
Land market value
$94,100
Improvement market value
$255,900
Total market value
$350,000
Applied tax rate
113.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1960
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
7,490 SF
Lot
0.9 ac (39,204 SF)
Zoning code
C2
APN
26G-1-1-196-5
UPID
US48-0155008
Jurisdiction
ST LOUIS
Zoning & alternative use
C2 · Saint Louis, MO
Zoning C2 · permitted uses
C2 · 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
1960
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.9 ac
Current owner
From public records · entity-resolved
705 Lemay Ferry Development LLC
Entity
Free & Clear · 3 yrs held
Mailing address
10285 BACH BLVD, SAINT LOUIS, MO 63132-1317
Ownership since
2023
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
Feb 14, 2023
$295,000
705 Lemay Ferry Development LLC
Chunae Yang
Warranty Deed
—
Feb 14, 2023
—
Chunae Yang
Michael Woosuk Yang
Affidavit Of Death Of Joint Tenant
related
—
Mar 14, 2000
—
Michael W Yang
Cusanelli INC
Quit Claim Deed
related
—
—
—
Michael W Yang
—
Deed Of Trust
related
$281,308 · Bank Of America
—
—
Michael W Yang
—
Deed Of Trust
related
$79,219 · Bank Of America
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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