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Property profile & analytics
FOR SALE
Retail space
9550 True Dr Saint Louis, MO 63132
Entity Owned
3-yr Hold
Free & Clear
Property ID
US48-0601595
For Sale
1 / 2
$2,450,000
9550 True Dr, Saint Louis, MO 63132
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1990
Construction
WOOD
Total area
46,237 SF
Lot
2.8 ac (121,968 SF)
Zoning code
43M-1
APN
16L-6-1-020-5
UPID
US48-0601595
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
by Request
Comparable Approach
Comparable
$2.17M
Blend (final)
Blend
$2.34M
Owner & transaction history
Gpre Realty LLC · 3 yrs held
Gpre Realty LLC
since 2023
4 recorded transactions
Zoning & alternative use
43M-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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.34M
Range $2.11M – $2.57M · ±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
$51 / 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
$65,041
Tax year 2023
Assessed value
$581,630
Assessed 2023
Previous assessed
$422,620
+37.6% YoY
Effective rate
11.18%
On assessed value
Assessed land
$117,120
Assessed improvement
$464,510
Land market value
$366,000
Improvement market value
$1,451,600
Total market value
$1,817,600
Applied tax rate
127.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1990
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
2
Rooms
11
Total area
46,237 SF
Lot
2.8 ac (121,968 SF)
Zoning code
43M-1
APN
16L-6-1-020-5
UPID
US48-0601595
Jurisdiction
ST LOUIS
Zoning & alternative use
43M-1 · Saint Louis, MO
Zoning 43M-1 · permitted uses
43M-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
1990
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Rooms
11
Lot
2.8 ac
Current owner
From public records · entity-resolved
Gpre Realty LLC
Entity
Free & Clear · 3 yrs held
Mailing address
9550 TRUE DR, SAINT LOUIS, MO 63132-1537
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Jan 31, 2023
—
Gpre Realty LLC
Gillespie & Powers INC
Warranty Deed
—
Jan 11, 2005
—
Gillespie & Powers INC
—
Trustees Deed
related
$1,250,000 · Southwest Bank Of St Louis
—
—
Gillespie & Powers INC
—
Deed Of Trust
related
$750,000 · Nationsbank
—
—
Gillespie & Powers INC
—
Deed Of Trust
related
$120,000 · Southwest Bank Of St Louis
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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