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Property profile & analytics
OFF-MARKET
Estimated value
$5,610,000
Retail properties & Spaces
8008 Olive Blvd Saint Louis, MO 63130-2021
Entity Owned
17-yr Hold
Free & Clear
Property ID
US48-0237339
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1970
Construction
FRAME
Total area
150,965 SF
Lot
17.31 ac (754,024 SF)
Zoning code
GC
APN
17K-5-2-062-3
UPID
US48-0237339
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
$7.84M
Blend (final)
Blend
$5.61M
Owner & transaction history
Silo Hills Dev Corp · 17 yrs held
Silo Hills Dev Corp
since 2009
6 recorded transactions
Zoning & alternative use
GC · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.61M
Range $5.05M – $6.17M · ±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
$37 / 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
$114,244
Tax year 2023
Assessed value
$1,186,620
Assessed 2023
Previous assessed
$917,410
+29.3% YoY
Effective rate
9.63%
On assessed value
Assessed land
$916,990
Assessed improvement
$269,630
Land market value
$2,865,600
Improvement market value
$842,600
Total market value
$3,708,200
Applied tax rate
131.0000
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 properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1970
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
11
Total area
150,965 SF
Lot
17.31 ac (754,024 SF)
Zoning code
GC
APN
17K-5-2-062-3
UPID
US48-0237339
Jurisdiction
ST LOUIS
Zoning & alternative use
GC · Saint Louis, MOZoning GC · permitted uses
GC · Saint Louis, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Citywide Zoning District Map
Building & site characteristics
From public records
Year built
1970
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
11
Lot
17.31 ac
Current owner
From public records · entity-resolved
Silo Hills Dev Corp
Entity
Free & Clear · 17 yrs held
Mailing address
9569 BOLSA AVE, WESTMINSTER, CA 92683-5904
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2009
—
Silo Hills Dev Corp
Park,chung H & Moon H
Quit Claim Deed
related
—
Jul 23, 2009
$6,000,000
Six Fortune LLC
Silo Hills Dev Corp
Warranty Deed
$4,450,000 · Silo Hills Dev Corp
Dec 21, 2001
—
Chung H Park
99 Vc University City LLC
Grant Deed
related
—
Dec 23, 1999
—
Vc University City LLC
Gramex Retail Stores INC
Grant Deed
$240,000,000 · Greenwich Capital Fin'l Produc
—
—
Gramex Corp
—
Deed Of Trust
related
$2,400,000 · Jefferson Bank & Trust Co
—
—
Chung H Park
—
Deed Of Trust
related
$2,500,000 · Edens Bank
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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