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    7057 Chippewa St Saint Louis, MO 63119
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    Property profile & analytics

    7057 Chippewa St Saint Louis, MO 63119

    View on Map
    • Community centers
    • 64,546 SF
    • 5.48 lot acres
    For Sale
    $2,455,000
    View Listing →
    Retail Investment Opportunity in Saint Louis For Sale
    $2,455,000
    147,920 SF

    Retail Investment Opportunity in Saint Louis

    147,920 SF commercial property in a high-traffic area.

    7057 Chippewa St, Saint Louis, MO 63119
    View Listing
    Property ID
    US48-0742201
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Community centers

    Property Details for 7057 Chippewa St

    Year built
    1995
    Lot size
    5.48 lot acres
    Property size
    64,546 SF
    Zone code
    C1
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    23J-2-4-011-2
    APU
    23J240112

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,389,000
      Market price range: $3.39M - $10.0M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Saint Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.3167
    Latitude
    38.5861
    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
    $124,993
    $611,100
    $595,300
    $1,206,400
    -
    $1,909,700
    $1,860,300
    $3,770,000

    Comparable in this City

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    • Value Estimation by Request
      1,500 SF

      7517 Watson Rd St

      Lifestyle centers • 1,500 SF
      7517 Watson Rd St, St. Louis, MO 63119
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    • Value Estimation
      $1,310,000
      23,994 SF

      1239 Laclede Sta Rd

      MINI-MALL • 23,994 SF
      1239 Laclede Sta Rd, Saint Louis, MO 63119-5327
      View Details
    • Value Estimation
      $4,280,000
      80,604 SF

      75 Kenrick Plz

      MINI-MALL • 80,604 SF
      75 Kenrick Plz, Saint Louis, MO 63119
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    • Value Estimation
      $7,645,000
      85,413 SF

      8800 Watson Rd

      MINI-MALL • 85,413 SF
      8800 Watson Rd, Saint Louis, MO 63119-5114
      View Details
    • Value Estimation
      $1,290,000
      20,768 SF

      3229 Brentwood Blvd

      SHOPPING CENTER, STRIP CENTER • 20,768 SF
      3229 Brentwood Blvd, Saint Louis, MO 63119-1780
      View Details

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      2,280 SF building in high-demand Webster Groves submarket.
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      147,920 SF

      Retail Out-Parcel on Chippewa Street

      Retail space available on Chippewa Street in St. Louis.
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      10,795 SF

      Commercial Property on Manchester Road

      2.85 acres with 10,795 +/- Sq Ft structure for rent.
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      Retail Investment Opportunity in Saint Louis

      147,920 SF commercial property in a high-traffic area.
      7057 Chippewa St, Saint Louis, MO 63119
      View Details
    • $750,000
      1,679 SF

      Freestanding Retail Building in Webster Groves

      1,679 SF commercial building on 0.30 acres for sale.
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    Similar Nearby for Lease

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      1,500 SF

      Retail Space in Shadow-Anchored Center

      Retail space available in Walmart Supercenter shadow-anchored center.
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      View Details
    • Contact for pricing
      7,720 SF

      Retail Space in St. Louis

      Retail space available in a shopping center anchored by Dierbergs.
      7217-7315 Watson Rd St, Louis, MO 63119
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      3,440 SF

      Prime Retail Space Available

      Class-A neighborhood retail center in Rock Hill, St. Louis County.
      9530-9578 Manchester Rd, Rock Hill, MO 63119
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      Retail Space For Lease

      Retail spaces available in recently renovated St. Louis location.
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      Retail Space on Manchester Road

      Retail space for lease with prime frontage on Manchester.
      9814-9834 Manchester Rd St, Louis, MO 63119
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Single tenant retail space available, approximately 929 square feet.
      8045 Big Bnd Blvd St, Louis, MO 63119
      View Details
    View Listing
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    Saint Louis, MO 63119
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    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
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    7057 Chippewa St, Saint Louis, MO, 63119
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