Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    828 New Ballas Rd Saint Louis, MO 63146-5275

    • Hotels
    • 94,510 SF
    • 3.58 lot acres
    OFF-MARKET
    Value Estimations
    $6,790,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-0804460
    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

    • Hotels

    Property Details for 828 New Ballas Rd

    Year built
    1995
    Construction
    TYPE NOT SPECIFIED
    Lot size
    3.58 lot acres
    Property size
    94,510 SF
    Zone code
    82CB
    Property type
    Hotels
    APN
    17O-6-2-066-4
    APU
    17O620664

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.4423
    Latitude
    38.672
    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
    $293,007
    $748,540
    $2,051,710
    $2,800,250
    -
    $2,339,200
    $6,411,600
    $8,750,800

    Comparable in this City

    • Value Estimation
      $4,385,000
      32,842 SF

      191 Prt Plz

      HOTEL • 32,842 SF
      191 Prt Plz, Saint Louis, MO 63146-3001
      View Details
    • Value Estimation
      $1,500,000
      15,998 SF

      1973 Craigshire Rd

      HOTEL • 15,998 SF
      1973 Craigshire Rd, Saint Louis, MO 63146-4007
      View Details
    • Value Estimation
      $4,295,000
      57,091 SF

      900 Prt Plz

      HOTEL • 57,091 SF
      900 Prt Plz, Saint Louis, MO 63146-3104
      View Details
    • Value Estimation
      $540,000
      4,363 SF

      1881 Craigshire Rd

      MOTEL • 4,363 SF
      1881 Craigshire Rd, Saint Louis, MO 63146-4018
      View Details
    • Value Estimation
      $7,260,000
      15,288 SF

      11805 Lackland Rd

      MOTEL • 15,288 SF
      11805 Lackland Rd, Saint Louis, MO 63146-4205
      View Details
    • Value Estimation
      $2,600,000
      24,860 SF

      11888 Westline Industrial Dr

      MOTEL • 24,860 SF
      11888 Westline Industrial Dr, Saint Louis, MO 63146-3313
      View Details

    Similar Nearby for Sale

    • $10,288,850
      94,000 SF

      Woodlands Plaza I Medical Office Building

      St. Louis medical office building, 94,000 SF.
      11720 Borman Dr St, St. Louis, MO 63146
      View Details
    • $3,310,149
      35,595 SF

      Westport Flex Building: Prime Location

      35,595 SF Flex Space, Owner/User Opportunity
      1940 Craigshire Dr St, St. Louis, MO 63146
      View Details
    • $4,000,000
      40,000 SF

      Executive Office Building, St. Louis

      40,000 SF Office, Prime Location
      11789 Borman Dr St, St. Louis, MO 63146
      View Details
    • $1,799,000
      3.50 Acres

      Prime St. Louis Development Land

      15.7 Acres, Hwy 141 & 364 Access
      15722 Riv Vly Dr St, St. Louis, MO 63146
      View Details
    • $10,500,000
      94,000 SF

      94,000 SF Office Building

      Office building with cafeteria, fitness center, and conference center.
      11720 Borman Dr, Saint Louis, MO 63146
      View Details
    • $6,000,000
      41,150 SF

      St. Louis Industrial Distribution Building

      41,150 SF, 100% Leased, $6M
      2360 Chaffee Dr St, St. Louis, MO 63146
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      3,034 SF

      St. Louis Office Space For Lease

      Prime St. Louis Office, 3,034 sq ft.
      2200 Prt Plz Dr St, St. Louis, MO 63146
      View Details
    • Contact for pricing
      380,000 SF

      Maryland Park Commerce Center

      St. Louis Industrial Campus: 380,000 SF
      14009 Creve Coeur Airport Rd St, St. Louis, MO 63146
      View Details
    • $20 SF/Yr
      51,684 SF

      St. Louis Medical Office Building

      Prime Medical Office Space, St. Louis, MO
      2821 New Ballas Rd St, St. Louis, MO 63146
      View Details
    • $8 SF/Yr
      106,995 SF

      Lakeside Crossing III

      Distribution properties • 106,995 SF
      2266 Ball Dr St, St. Louis, MO 63146
      View Details
    • $5 SF/Yr
      43,400 SF

      Westport Executive Office/Warehouse

      43,400 SF Single-Tenant Industrial Space
      2326 Grissom Dr St, St. Louis, MO 63146
      View Details
    • $19 SF/Yr
      113,276 SF

      The Crossings Executive Suites

      St. Louis Office Space, Newly Renovated
      11969-11975 Westline Industrial Dr St, St. Louis, MO 63146
      View Details

    Property Visit Statistics

    • Visits by month
      35.9k
    • Visitors by month
      22.7k
    • Avg Time on site
      22 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    828 New Ballas Rd
    Saint Louis, MO 63146-5275
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.