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Property profile & analytics
OFF-MARKET
Estimated value
$1,225,000
Medical Office Space
900 Hwy 67th St Florissant, MO 63031-2919
Entity Owned
4-yr Hold
Free & Clear
Property ID
US48-0517267
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
2000
Construction
FRAME
Total area
8,990 SF
Lot
2.5 ac (108,900 SF)
Zoning code
24B3
APN
08J-4-3-046-0
UPID
US48-0517267
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
-
The Eye Center Inc: Reddan Mark J OD Physician
-
Eye Center Optical Shop Ophthalmologist (Bike/Boat/Book/etc) Store
-
The Eye Center Inc: Stickel Thomas OD FAAO Physician
-
Dr John Golstcham Physician
-
Eye Center Inc: Sturm Julie M MD Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.22M
CAP Approach
CAP
$1.60M
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$1.23M
Owner & transaction history
Ajpm Investments LLC · 4 yrs held
Ajpm Investments LLC
since 2021
Last sale
$1.2M
2 recorded transactions
Zoning & alternative use
24B3 · Florissant, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.7M
+58.0%
Office building
$1.3M
+16.7%
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 Florissant submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Florissant 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
$1,285,000
ML approach
$1,215,000
CAP Approach
CAP Return
Estimation
6%
$1,730,000
6.5%
$1,595,000
7%
$1,480,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,090,000
Current use
AUTO REPAIR, GARAGE
$1,725,000
Change: +58% · Conversion: Difficult
OFFICE BUILDING
$1,275,000
Change: +17% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$895,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.23M
Range $1.10M – $1.35M · ±10% · vs last sale $1.20M (Oct 29 2021)
Last sale anchor
$1.20M
Oct 29 2021
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
$136 / 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
$33,237
Tax year 2023
Assessed value
$299,130
Assessed 2023
Previous assessed
$187,840
+59.2% YoY
Effective rate
11.11%
On assessed value
Assessed land
$107,420
Assessed improvement
$191,710
Land market value
$335,700
Improvement market value
$599,100
Total market value
$934,800
Applied tax rate
111.0000
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
2000
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
11
Total area
8,990 SF
Lot
2.5 ac (108,900 SF)
Zoning code
24B3
APN
08J-4-3-046-0
UPID
US48-0517267
Jurisdiction
ST LOUIS
Zoning & alternative use
24B3 · Florissant, MO
Zoning 24B3 · permitted uses
24B3 · Florissant, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Florissant. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$895,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
11
Lot
2.5 ac
Current owner
From public records · entity-resolved
Ajpm Investments LLC
Entity
Free & Clear · 4 yrs held
Mailing address
900 N HWY 67TH ST, FLORISSANT, MO 63031-2919
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2021
—
Ajpm Investments LLC
K&g Partnership
Quit Claim Deed
related
—
Oct 29, 2021
$1,200,000
Ajpm Investments LLC
K&g Partnership
Special Warranty Deed
$992,000 · Cnb Bank & Trust NA
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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