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    Property profile & analytics

    8501 Morganford Rd Saint Louis, MO 63123-6830

    • Gas stations
    • 1,803 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimations
    $380,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-3305116
    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

    • bp / Gas Station
    • ATM (Affton Mobil) / Atm
    • CROWNWAY MART #3 / Convenience Store

    Property Details for 8501 Morganford Rd

    Year built
    2000
    Construction
    FRAME
    Lot size
    0.28 lot acres
    Property size
    1,803 SF
    Zone code
    C2
    Property type
    Gas stations
    APN
    26H-5-4-098-4
    APU
    26H540984

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $375,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $457,000
      Market price range: $239k - $515k

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.2909
    Latitude
    38.5519
    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
    $16,628
    $34,270
    $146,240
    $180,510
    -
    $107,100
    $457,000
    $564,100

    Comparable in this City

    • Value Estimation
      $290,000
      0.17 Acres

      8626 Elgin Ave

      SERVICE STATION (FULL SERVICE) • 0.17 Acres
      8626 Elgin Ave, Saint Louis, MO 63123
      View Details
    • Value Estimation
      $505,000
      4,514 SF

      6312 Lindbergh Blvd

      SERVICE STATION (FULL SERVICE) • 4,514 SF
      6312 Lindbergh Blvd, Saint Louis, MO 63123-7804
      View Details
    • Value Estimation
      $2,595,000
      4,514 SF

      9101 Gravois Rd

      SERVICE STATION (FULL SERVICE) • 4,514 SF
      9101 Gravois Rd, Saint Louis, MO 63123-4523
      View Details
    • Value Estimation
      $3,480,000
      3,469 SF

      9765 Mackenzie Rd

      SERVICE STATION (FULL SERVICE) • 3,469 SF
      9765 Mackenzie Rd, Saint Louis, MO 63123-5422
      View Details
    • Value Estimation
      $490,000
      3,150 SF

      5840 Lindbergh Blvd

      SERVICE STATION (FULL SERVICE) • 3,150 SF
      5840 Lindbergh Blvd, Saint Louis, MO 63123-6939
      View Details
    • Value Estimation
      $530,000
      8,858 SF

      8445 Gravois Rd

      SERVICE STATION (FULL SERVICE) • 8,858 SF
      8445 Gravois Rd, Saint Louis, MO 63123-4601
      View Details

    Similar Nearby for Sale

    • $675,000
      13,200 SF

      Gravois Road Retail/Warehouse/Office Space

      13,423 SF retail/warehouse/office space on high-traffic street.
      8213 Gravois Rd, Saint Louis, MO 63123
      View Details
    • $495,000
      3,375 SF

      Established Auto Repair Shop For Sale

      Turn-key auto repair shop with property and business included.
      8600 Gravois Rd St, Louis, MO 63123
      View Details
    • $675,000
      13,423 SF

      St Louis Retail/Warehouse/Office Space

      13,423 SF retail/warehouse/office space on high-traffic Gravois Road.
      8213 Gravois Rd St, Louis, MO 63123
      View Details
    • $699,000
      3,093 SF

      Restaurant on Gravois Road

      Restaurant property for sale on Gravois Road.
      8713 Gravois Rd, Saint Louis, MO 63123
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    • $899,000
      5,453 SF

      Recently Renovated Retail Opportunity

      Value-add retail building with high visibility and strong demographics.
      10004 Gravois Rd St, Louis, MO 63123
      View Details
    • Contact for pricing
      5,809 SF

      St. Louis Bank Building - 5809 SF

      Prime Retail Bank Space, High Traffic Area
      5600 Lindbergh Blvd St, St. Louis, MO 63123
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      109,397 SF

      St. Louis Medical Office Space

      Prime Medical Office Suites Available Now
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    • Contact for pricing
      67,760 SF

      Affton Plaza Retail Center

      High-traffic retail space available in Affton, MO
      10070 Gravois Rd, Affton, MO 63123
      View Details
    • $1,100 /Mo
      6,098 SF

      Storefront Office Rental Space Available

      Retail/office space with kitchen, bathrooms, and basement storage in St. Louis.
      8206 Gravois Rd St, Louis, MO 63123
      View Details
    • Contact for pricing
      47,364 SF

      Affton Plaza Retail Center

      St. Louis retail space, ample parking.
      9325-9519 Gravois Rd, Affton, MO 63123
      View Details
    • $18 SF/Yr
      5,453 SF

      Affton Retail Center for Sale or Lease

      Lifestyle centers • 5,453 SF
      10004 Gravois Rd, Affton, MO 63123
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space Available For Lease

      Retail space available for lease, up to 4,982 SF remaining.
      6303 S Lindbergh Blvd, Saint Louis, MO 63123
      View Details
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    8501 Morganford Rd
    Saint Louis, MO 63123-6830
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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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