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    8501 Page Ave Saint Louis, MO 63114-6001
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    Property profile & analytics

    8501 Page Ave, Saint Louis, MO 63114-6001

    View on Map
    • Retail space
    • 117,366 SF
    • 16.57 lot acres
    Off-Market
    Last Sale May 13, 2025
    $4,000,000
    Property ID
    US48-0507900
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Harry Gelb Frozen Foods Inc / Grocery & Convenience Store / Food Market

    Property Details for 8501 Page Ave

    Year built
    1956
    Construction
    FRAME
    Lot size
    16.57 lot acres
    Zone code
    61INDUS
    Property type
    Retail space
    APN
    16K-6-3-004-0
    APU
    16K630040

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.3396
    Latitude
    38.6883
    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
    $351,657
    $923,900
    $2,110,370
    $3,034,270
    -
    $2,887,200
    $6,594,900
    $9,482,100

    Comparable in this City

    • Value Estimation
      $520,000
      0.30 Acres

      2118 Walton Rd

      RETAIL STORES (PERSONAL SERVICES)
      2118 Walton Rd, Saint Louis, MO 63114-5808
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    • Value Estimation by Request
      676 SF

      2814 Woodson Rd

      RETAIL STORES (PERSONAL SERVICES)
      2814 Woodson Rd, Saint Louis, MO 63114-4702
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    • Value Estimation
      $775,000
      4,800 SF

      9408 Saint Charles Rock Rd

      RETAIL STORES (PERSONAL SERVICES)
      9408 Saint Charles Rock Rd, Saint Louis, MO 63114-2733
      View Details
    • Value Estimation
      $1,680,000
      13,263 SF

      8243 Lackland Rd

      RETAIL STORES (PERSONAL SERVICES)
      8243 Lackland Rd, Saint Louis, MO 63114-4519
      View Details
    • Value Estimation
      $1,275,000
      9,653 SF

      8215 Lackland Rd

      RETAIL STORES (PERSONAL SERVICES)
      8215 Lackland Rd, Saint Louis, MO 63114-4519
      View Details
    • Value Estimation
      $830,000
      6,360 SF

      9500 Lackland Rd

      RETAIL STORES (PERSONAL SERVICES)
      9500 Lackland Rd, Saint Louis, MO 63114-3603
      View Details

    Similar Nearby for Sale

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      4,672 SF

      Retail Property on Midland Boulevard

      Retail property with a nationally recognized brand and long-term lease.
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    • $260,000
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      St. Louis Commercial Retail Space

      Two-story commercial space ideal for retail or office ventures.
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      23,880 SF

      23,880 SF Warehouse/Showroom Space

      Warehouse and showroom space with excellent visibility and access.
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      3,650 SF

      Retail Property in St. Louis

      Retail property with high visibility in a dense residential area.
      11266 Midland Blvd St, Louis, MO 63114
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    • Contact for pricing
      4,847 SF

      Retail Property on Woodson Road

      Retail property available for sale, totaling 4,847 square feet.
      3100 Woodson Rd St, Louis, MO 63114
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    Similar Nearby for Lease

    • Contact for pricing
      18,442 SF

      Retail Space Near I-170

      Retail space with high visibility and pylon signage available 2026.
      8907 Page Ave, Saint Louis, MO 63114
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    • Contact for pricing
      2,800 SF

      Retail Space in Schnucks Center

      Retail spaces available in Schnucks anchored shopping center.
      9000-9070 Saint Charles Rock Rd St, Louis, MO 63114
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    • $12 SF/Yr
      3,000 SF

      Retail Space in Overland

      2000 SF retail space with basement storage and parking.
      9118-20 Lackland Rd St, Louis, MO 63114
      View Details
    • Contact for pricing
      13,896 SF

      Office/Flex/Warehouse Space For Rent

      Office/flex/warehouse space featuring a truck-high loading dock.
      8610 Page Ave, Overland, MO 63114
      View Details
    • Contact for pricing
      5,400 SF

      5,400 SF Flex Space Available

      Flex space with overhead doors and separate entrance for lease.
      9197 Saint Charles Rock Rd, Saint Louis, MO 63114
      View Details
    • $4,000 /Mo

      Paved, Fenced Land For Lease

      1.2 AC of M-1 zoned land available for lease.
      1616 Woodson Rd, Saint Louis, MO 63114
      View Details
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    Saint Louis, MO 63114-6001
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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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    8501 Page Ave, Saint Louis, MO, 63114
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