15562 Manchester RdBallwin, MO 63011

Property Details for 15562 Manchester Rd

Year built

1965

Lot size

0.45 AC

Property size (Sq ft)

3,440 SF

Zone code

19C-3

Property type

Retail properties

Property subtype

Strip malls

APN

23T-6-4-030-3

APU

23T640303

Description

This exceptional 0.5-acre commercial land parcel presents a unique investment opportunity in the desirable Ballwin, Missouri submarket of STL - West County. Located at 15570 Manchester Rd, with cross access via E. Meadow Ln, this single-tenant property offers significant potential for development. The property's address is officially listed as 15562 Manchester Rd, however, the parcel number encompasses both addresses. The property is identified by APN numbers 23T640297 and 23T640303 within St. Louis County. The site is characterized by its convenient location and accessibility, making it an attractive proposition for a variety of commercial uses. With no existing buildings, this blank canvas allows for complete design flexibility to suit specific business needs. The 0.5-acre lot size provides ample space for construction, while the strategic location within the thriving STL - West County submarket ensures high visibility and accessibility to a substantial customer base. This property is zoned for commercial use (specific zoning details should be verified independently). This presents a rare chance to acquire a well-situated commercial lot in a highly sought-after area. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $1,208,826

  6.5%

  $1,115,840

  7%

  $1,036,137

• Comparable approach

  Method

  Valuation

  Relative Method

  $675,820

  Geo Method

  $675,820

• Alternative Use

  Use

  Valuation

  Residential

  $941,253

  Hospitality

  $862,182

  Educational

  $717,326

  Medical

  $741,996

  Retail

  $1,115,840

Location Insight

City

Ballwin

County

St. Louis

State

Missouri

Latitude

38.5923

Longitude

-90.5715

CBSA code

41180

CBSA name

ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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