14370 Manchester RdBallwin, MO 63011

Property Details for 14370 Manchester Rd

Year built

1900

Construction

FRAME

Lot size

0.09 AC

Property size (Sq ft)

3,170 SF

Zone code

94H

Property type

Retail space

APN

23Q-4-3-161-0

APU

23Q431610

Description

This exceptional two-story, 2,495 square foot Class B office building is situated on a 0.09-acre lot at 14370/14372 Manchester Road in Ballwin, Missouri, zip code 63011. Built in 1945, the property boasts a prime location with high visibility and traffic counts exceeding 80,000 vehicles daily, offering excellent signage opportunities. Currently, the building has a 50% occupancy rate, with a five-year NNN lease in place on the second floor, extending until 2029. Approximately 1,200 square feet of updated space is available on the first floor, presenting an ideal owner-user opportunity or investment potential. The asking price is $549,000, representing a price per square foot of $220.04 and an 8.00% cap rate. The property is zoned C and offers a multi-tenancy setup. This presents a unique chance to acquire a well-located commercial property in a thriving area of St. Louis County. The building's traditional office layout provides flexibility for various business needs. The high traffic volume and prominent location on Manchester Road near Highway 141 make this an attractive investment.

• CAP approach

  CAP return

  Valuation

  6%

  $1,065,154

  6.5%

  $983,219

  7%

  $912,989

• Comparable approach

  Method

  Valuation

  Relative Method

  $622,776

  Geo Method

  $622,776

• Alternative Use

  Use

  Valuation

  Residential

  $829,382

  Hospitality

  $759,710

  Educational

  $632,070

  Medical

  $653,807

  Retail

  $983,219

Location Insight

City

Manchester

County

St. Louis

State

Missouri

Latitude

38.5927

Longitude

-90.5142

CBSA code

41180

CBSA name

ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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