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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Office buildings
8123 Delmar Blvd Saint Louis, MO 63130-3729
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US48-0319025
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Construction
FRAME
Total area
6,010 SF
Lot
0.31 ac (13,504 SF)
Zoning code
57LC
APN
18K-5-3-137-2
UPID
US48-0319025
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
-
Helfers Mark A Law Firm
-
The Rhoads Firm, LLC Law Firm
-
Thrive STL - Personal Training & Coaching Gym & Fitness Center
-
Samantha Adams Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$876k
Blend (final)
Blend
$730k
Owner & transaction history
Merced Realty LLC · 11 yrs held
Merced Realty LLC
since 2015
5 recorded transactions
Zoning & alternative use
57LC · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Citywide Zoning District Map
Top alternative use upside
Commercial (general)
$1.1M
+21.8%
Medical building
$925,000
+3.2%
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
Alternative Use
Use
Estimation
OFFICE BUILDING
$900,000
Current use
COMMERCIAL (GENERAL)
$1,095,000
Change: +22% · Conversion: Easy
MEDICAL BUILDING
$925,000
Change: +3% · Conversion: Easy
RETAIL STORES
$845,000
Change: -6% · Conversion: Moderate
AUTO REPAIR, GARAGE
$750,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$730k
Range $657k – $803k · ±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
$121 / 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
$18,485
Tax year 2023
Assessed value
$192,000
Assessed 2023
Previous assessed
$128,510
+49.4% YoY
Effective rate
9.63%
On assessed value
Assessed land
$64,800
Assessed improvement
$127,200
Land market value
$202,500
Improvement market value
$397,500
Total market value
$600,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1985
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
6,010 SF
Lot
0.31 ac (13,504 SF)
Zoning code
57LC
APN
18K-5-3-137-2
UPID
US48-0319025
Jurisdiction
ST LOUIS
Zoning & alternative use
57LC · Saint Louis, MOZoning 57LC · permitted uses
57LC · 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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$900,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$925,000
RETAIL STORES
Est. value
$845,000
AUTO REPAIR, GARAGE
Est. value
$750,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
1985
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
Merced Realty LLC
Entity
Mailing address
8123 DELMAR BLVD, SAINT LOUIS, MO 63130-3729
Ownership since
2015
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
Jan 7, 2015
$410,000
Merced Realty LLC
Bankliberty
Warranty Deed
$358,000 · Centruebank
Jul 16, 2010
$1,285,000
Bankliberty
Trustee Svcs INC
Trustees Deed
—
Jul 17, 2006
—
Eighteen Investments INC
Meramec Ptshp
Quit Claim Deed
related
$1,500,000 · Boulevard Bank
—
—
Eighteen Investments INC
—
Deed Of Trust
related
$1,742,500 · Champion Bank
—
—
Meramec Partnership
—
Deed Of Trust
related
$500,000 · Lindell Bank & Trust 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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