New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,925,000
Community centers
9031 Watson Rd, Saint Louis, MO 63126-2220
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US48-0705934
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1991
Construction
METAL FRAME
Total area
82,295 SF
Lot
8.76 ac (381,586 SF)
Zoning code
69C-1
APN
25L-5-2-065-2
UPID
US48-0705934
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.44M
Comparable Approach
Comparable
$2.50M
Blend (final)
Blend
$3.93M
Owner & transaction history
Mid River Restaurants LLC · 5 yrs held
Mid River Restaurants LLC
since 2020
4 recorded transactions
Zoning & alternative use
69C-1 · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$5,895,000
6.5%
$5,440,000
7%
$5,050,000
Blend value · Realmo final
$3.93M
Range $3.53M – $4.32M · ±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
$48 / 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
$220,685
Tax year 2023
Assessed value
$2,448,000
Assessed 2023
Previous assessed
$2,240,000
+9.3% YoY
Effective rate
9.01%
On assessed value
Assessed land
$679,490
Assessed improvement
$1,768,510
Land market value
$2,123,400
Improvement market value
$5,526,600
Total market value
$7,650,000
Applied tax rate
138.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1991
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
82,295 SF
Lot
8.76 ac (381,586 SF)
Zoning code
69C-1
APN
25L-5-2-065-2
UPID
US48-0705934
Jurisdiction
ST LOUIS
Zoning & alternative use
69C-1 · Saint Louis, MO
Zoning 69C-1 · permitted uses
69C-1 · 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
1991
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
8.76 ac
Current owner
From public records · entity-resolved
Mid River Restaurants LLC
Entity
Mailing address
639 GRAVOIS BLFS BLVD STE D, FENTON, MO 63026-7738
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2020
—
Mid River Restaurants LLC
—
Deed Of Trust
related
$24,794,866 · United Ms Bk
—
—
Mid River Restaurants LLC
—
Deed Of Trust
related
$46,500,000 · Bank Of America
—
—
Crestwood Square Associates LP
—
Deed Of Trust
related
$2,500,000 · Midwest Bankcentre
—
—
Crestwood Square Associates LP
—
Deed Of Trust
related
$2,935,000 · Great Southern Bank
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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