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

    8800 Watson Rd Saint Louis, MO 63119-5114

    • Community centers
    • 85,413 SF
    • 11.97 lot acres
    OFF-MARKET
    Last Sale
    Nov 23, 2022
    $7,500,000
    Value Estimations
    $6,720,000
    Show details
    Cap Rate Potential
    4.7%
    Community centers
    Location Intelligence
    Property ID
    US48-3278983
    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

    • Community centers

    Property Details for 8800 Watson Rd

    Year built
    2000
    Lot size
    11.97 lot acres
    Property size
    85,413 SF
    Zone code
    69PD-C
    Property type
    Community centers
    APN
    25L-6-1-033-5
    APU
    25L610335

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $7,830,000
      ML approach
      $7,755,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $6,120,000
      6.5%
      $5,645,000
      7%
      $5,245,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,548,000
      Market price range: $4.49M - $13.3M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $8,730,000
      Current use
      OFFICE BUILDING
      $12,755,000
      Change: +46% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $10,650,000
      Change: +22% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.365
    Latitude
    38.5622
    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
    $189,454
    $863,680
    $1,237,890
    $2,101,570
    -
    $2,699,000
    $3,868,400
    $6,567,400

    Comparable in this City

    • Value Estimation
      $1,030,000
      61,268 SF

      7241 Watson Rd

      MINI-MALL • 61,268 SF
      7241 Watson Rd, Saint Louis, MO 63119-4401
      View Details
    • Value Estimation by Request
      1,500 SF

      7517 Watson Rd St

      Lifestyle centers • 1,500 SF
      7517 Watson Rd St, St. Louis, MO 63119
      View Details
    • Value Estimation
      $820,000
      23,994 SF

      1239 Laclede Sta Rd

      MINI-MALL • 23,994 SF
      1239 Laclede Sta Rd, Saint Louis, MO 63119-5327
      View Details
    • Value Estimation
      $1,085,000
      64,546 SF

      7057 Chippewa St

      MINI-MALL • 64,546 SF
      7057 Chippewa St, Saint Louis, MO 63119-5672
      View Details
    • Value Estimation
      $1,330,000
      80,604 SF

      75 Kenrick Plz

      MINI-MALL • 80,604 SF
      75 Kenrick Plz, Saint Louis, MO 63119
      View Details
    • Value Estimation by Request
      110,538 SF

      Laclede Sta Rd & Watson Rd St

      Neighborhood centers • 110,538 SF
      0 Laclede Sta Rd & Watson Rd St, St. Louis, MO 63119
      View Details

    Similar Nearby for Sale

    • $475,000
      2,280 SF

      Freestanding Building in Webster Groves

      2,280 SF building in high-demand Webster Groves submarket.
      7927 Big Bend Blvd, Saint Louis, MO 63119
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    • $3,216,000
      2,236 SF

      New Starbucks with Drive-Thru

      New construction Starbucks with a rare 15-year NNN lease.
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    • $475,000
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      Freestanding Building in Webster Groves

      Versatile commercial building in a high-demand St. Louis submarket.
      Saint Louis, MO 63119
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    • $395,000
      3,080 SF

      Webster Groves Retail/Office Building

      Two-level building in Webster Groves near shops and restaurants.
      7915 Big Bend Blvd, Saint Louis, MO 63119
      View Details
    • $525,000
      3,212 SF

      Office Building with Vacant Lot

      Two-story office building with adjacent vacant lot for sale.
      7838 Big Bend Blvd, Saint Louis, MO 63119
      View Details
    • Contact for pricing
      1.26 Acres

      Webster Groves Commercial Land Opportunity

      1.26 Acres, Prime Redevelopment Site
      8045 Big Bnd Blvd, Webster Groves, MO 63119
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,980 SF

      Retail Space in Maple Wood

      Retail spaces available in a power center, 1,400-19,710 SF.
      3200-3256 Laclede Station Rd, Maplewood, MO 63119
      View Details
    • Contact for pricing
      147,920 SF

      Prime Retail Space Available

      High-visibility retail space in a vibrant Saint Louis shopping center.
      7057 Chippewa St, Saint Louis, MO 63119
      View Details
    • Contact for pricing
      110,538 SF

      Yorkshire Village Retail Center

      St. Louis County retail space available
      0 Laclede Sta Rd & Watson Rd St, St. Louis, MO 63119
      View Details
    • Contact for pricing
      4,627 SF

      Retail Space on Manchester Road

      4,627 SF retail space with high visibility.
      10 Beale St, Saint Louis, MO 63119
      View Details
    • Contact for pricing
      10,795 SF

      Commercial Property on Manchester Road

      2.85 acres with 10,795 +/- Sq Ft structure for rent.
      9748 Manchester Rd, Saint Louis, MO 63119
      View Details
    • Contact for pricing
      2,715 SF

      Retail/Office Space on Watson Rd

      2,715 SF retail/office space with great visibility.
      8330-8336 Watson Rd, Saint Louis, MO 63119
      View Details
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    Saint Louis, MO 63119-5114
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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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