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Property profile & analytics
OFF-MARKET
Estimated value
$3,410,000
Retail space
770 Merus Ct, Fenton, MO 63026-2028
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US48-0542564
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1990
Total area
37,700 SF
Lot
1.96 ac (85,378 SF)
Zoning code
21BP-3
APN
26O-2-1-039-5
UPID
US48-0542564
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
-
Kovac Mechanical LLC HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.56M
Blend (final)
Blend
$3.41M
Owner & transaction history
Grant Brown · 3 yrs held
Grant Brown
since 2022
5 recorded transactions
Zoning & alternative use
21BP-3 · Fenton, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.4M
+30.4%
Office building
$5.3M
+30.1%
Medical building
$4.6M
+11.5%
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 Fenton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fenton 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$4,110,000
Current use
AUTO REPAIR, GARAGE
$5,360,000
Change: +30% · Conversion: Difficult
OFFICE BUILDING
$5,345,000
Change: +30% · Conversion: Easy
MEDICAL BUILDING
$4,580,000
Change: +11% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,750,000
Change: -9% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,325,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$3.41M
Range $3.07M – $3.75M · ±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
$90 / 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
$74,231
Tax year 2023
Assessed value
$800,000
Assessed 2023
Previous assessed
$518,080
+54.4% YoY
Effective rate
9.28%
On assessed value
Assessed land
$136,610
Assessed improvement
$663,390
Land market value
$426,900
Improvement market value
$2,073,100
Total market value
$2,500,000
Applied tax rate
110.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1990
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
11
Total area
37,700 SF
Lot
1.96 ac (85,378 SF)
Zoning code
21BP-3
APN
26O-2-1-039-5
UPID
US48-0542564
Jurisdiction
ST LOUIS
Zoning & alternative use
21BP-3 · Fenton, MO
Zoning 21BP-3 · permitted uses
21BP-3 · Fenton, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fenton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.1M
AUTO REPAIR, GARAGE
Est. value
$5.4M
OFFICE BUILDING
Est. value
$5.3M
MEDICAL BUILDING
Est. value
$4.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.8M
COMMERCIAL (GENERAL)
Est. value
$3.3M
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1990
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
11
Lot
1.96 ac
Current owner
From public records · entity-resolved
Grant Brown
Individual
Mailing address
29341 SPOTTED BULL WAY, SAN JUAN CAPISTRANO, CA 92675-1023
Ownership since
2022
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
Jul 14, 2022
—
Grant Brown
Silver Properties Mo LLC
Special Warranty Deed
$2,100,000 · First Mid Bank & Trust NA
Sep 18, 2017
$1,750,000
Silver Properties Mo LLC
Merus Corp
Grant Deed
$1,400,000 · Triad Bk
—
—
Merus Corp
—
Deed Of Trust
related
$620,987 · Cass Commercial Bank
—
—
Merus Corp
—
Deed Of Trust
related
$503,136 · Nationsbank
—
—
Merus Corp
—
Deed Of Trust
related
$1,000,000 · Southwest Bank Of St Louis
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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