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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    816-818 Lafayette Ave Saint Louis, MO 63104

    • Investment properties
    • 2,560 SF
    • 0.07 lot acres
    OFF-MARKET
    Last Sale
    May 19, 2021
    $579,900
    Value Estimations
    $715,000
    Show details
    Cap Rate Potential
    4.1%
    Investment properties
    Location Intelligence
    Property ID
    US48-0701770
    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.

    Current Use by Public Records

    • Investment properties

    Property Details for 816-818 Lafayette Ave

    Year built
    1890
    Construction
    BRICK
    Lot size
    0.07 lot acres
    Property size
    2,560 SF
    Zone code
    GD
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    038200-02207
    APU
    3820002207

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $730,000
      ML approach
      $770,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $500,000
      6.5%
      $460,000
      7%
      $430,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $878,000
      Market price range: $294k - $878k
      AI Estimate
      $593,000
      Market price range: $230k - $627k

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Louis
    County
    Saint Louis City
    State
    Missouri
    Longitude
    -90.2024
    Latitude
    38.6103
    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
    $11,065
    $17,980
    $93,530
    $111,510
    -
    $74,900
    $312,800
    $387,700

    Comparable in this City

    • Value Estimation
      $300,000
      1,165 SF

      1627 9th St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,165 SF
      1627 9th St, Saint Louis, MO 63104-3827
      View Details
    • Value Estimation
      $320,000
      3,485 SF

      3200-3204 Shenandoah Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,485 SF
      3200-3204 Shenandoah Ave, Saint Louis, MO 63104
      View Details
    • Value Estimation
      $405,000
      2,082 SF

      2901-2903 Sidney St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,082 SF
      2901-2903 Sidney St, Saint Louis, MO 63104
      View Details
    • Value Estimation
      $305,000
      3,560 SF

      1725-1727 Park Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,560 SF
      1725-1727 Park Ave, Saint Louis, MO 63104
      View Details
    • Value Estimation
      $225,000
      817 SF

      1819 Park Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 817 SF
      1819 Park Ave, Saint Louis, MO 63104-2534
      View Details
    • Value Estimation
      $325,000
      2,400 SF

      1915-1917 Park Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,400 SF
      1915-1917 Park Ave, Saint Louis, MO 63104
      View Details

    Similar Nearby for Sale

    • $380,000
      Pending

      Mixed-Use Property in Soulard Neighborhood

      Mixed-use property with retail, artist, and garage spaces.
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      Grand Blvd Mixed-Use Redevelopment

      St. Louis, MO: 8,300 SF, High Potential
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    • Contact for pricing
      60,000 SF

      Lafayette Square Redevelopment Opportunity

      60,000 SF Mixed-Use, Prime Location
      2345 Lafayette Ave St, St. Louis, MO 63104
      View Details
    • $250,000
      5,200 SF

      Mixed-Use Property in St Louis

      Mixed-use property with retail and residential potential in St. Louis.
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      Prime St. Louis Mixed-Use Building

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      Mixed-Use Property in St. Louis

      Mixed-use property with endless possibilities in St. Louis, Missouri.
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    Similar Nearby for Lease

    • $6 SF/Yr
      71,164 SF

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      Midtown industrial space; flexible lease options.
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      The Nicholas: St. Louis Retail Space

      Prime St. Louis retail, high visibility, tenant improvements.
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      View Details
    • $6 SF/Yr
      16,000 SF

      Jefferson Ave Retail Space

      St. Louis Retail Center - 5,170 SF Available
      1700 Jefferson Ave St, St. Louis, MO 63104
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    • $2,275 /Mo
      1,820 SF

      Modern Office Space in Soulard

      Office space in historic Soulard neighborhood with parking and patio.
      2000-2010 S 8Th St, Louis, MO 63104
      View Details
    • $7 SF/Yr
      11,402 SF

      St. Louis Warehouse - 11,402 SF

      Spacious St. Louis warehouse, ideal for various uses.
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      View Details
    • Contact for pricing
      2,030 SF

      Prime St. Louis Retail Space

      Mixed-use, 2,030 sq ft available
      2001 Park Ave St, St. Louis, MO 63104
      View Details
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    816-818 Lafayette Ave
    Saint Louis, MO 63104
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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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