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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Strip malls
8567 Watson Rd, Saint Louis, MO 63119-5245
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US48-3347302
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2004
Construction
TYPE NOT SPECIFIED
Total area
10,600 SF
Lot
1.22 ac (53,143 SF)
Zoning code
64C
APN
25K-4-3-084-2
UPID
US48-3347302
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
-
Jersey Mike's Subs Take-out & Catering
-
Paul J. Gruber, MD, FAAD, ACMS Physician Medical Clinic
-
ApexNetwork Physical Therapy Medical Clinic
-
Amy Schutte, MD, FAAD Physician Medical Clinic
-
Rachel Qualley, MD, FAAD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
$700k
Comparable Approach
Comparable
$521k
Blend (final)
Blend
$580k
Owner & transaction history
Scanlon Holdings LLC · 6 yrs held
Scanlon Holdings LLC
since 2019
7 recorded transactions
Zoning & alternative use
64C · Saint Louis, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$510,000
CAP Approach
CAP Return
Estimation
6%
$760,000
6.5%
$700,000
7%
$650,000
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$55 / 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
$47,698
Tax year 2023
Assessed value
$510,270
Assessed 2023
Previous assessed
$343,360
+48.6% YoY
Effective rate
9.35%
On assessed value
Assessed land
$136,030
Assessed improvement
$374,240
Land market value
$425,100
Improvement market value
$1,169,500
Total market value
$1,594,600
Applied tax rate
134.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2004
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
10,600 SF
Lot
1.22 ac (53,143 SF)
Zoning code
64C
APN
25K-4-3-084-2
UPID
US48-3347302
Jurisdiction
ST LOUIS
Zoning & alternative use
64C · Saint Louis, MO
Zoning 64C · permitted uses
64C · Saint Louis, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint Louis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.22 ac
Current owner
From public records · entity-resolved
Scanlon Holdings LLC
Entity
Mailing address
909 TOWN AND COUNTRY ESTS CT, SAINT LOUIS, MO 63141-8839
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2019
$2,100,000
Scanlon Holdings LLC
Watson Property LLC
Grant Deed
$168,000 · Central Bk/st Louis
Nov 8, 2016
$887,500
Watson Property LLC
Arei Watson LLC
Grant Deed
$1,118,000 · Royal Bk/mo
Nov 20, 2014
$941,537
Arei Watson LLC
Kerns Anne R|coachlight Associates Hotel LP
Trustees Deed
—
May 10, 2005
—
Coachlight Assocs Hotel LP
Owner Name Unavailable
Affidavit Of Death
related
—
Apr 5, 2005
$2,614,255
Coachlight Associates Hotel
Blackstone Group-watson LLC
Grant Deed
$1,047,000 · Union Planters National Bank
Jun 2, 2004
$525,000
Blackstone Group-watson LLC
Walgreen
Grant Deed
—
—
—
Coachlight Associates Hotel
—
Deed Of Trust
related
$1,061,000 · American Investors Life Ins
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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