15287 Manchester RdBallwin, MO 63011

  • Strip malls
  • 32,320 SF
For Lease

Property Details for 15287 Manchester Rd

Year built
2000
Construction
METAL FRAME
Lot size
16.64 AC
Property size (Sq ft)
32,320 SF
Zone code
R4
Property type
Strip malls
Property subtype
Neighborhood centers
APN
22S-2-1-053-3
APU
22S210533

Description

Central Plaza, a prime retail strip center in Ballwin, Missouri, offers 159,136 square feet of commercial space with multiple tenancy options. Currently, 40,564 square feet is vacant, divisible into units ranging from 1,780 to a maximum contiguous 28,789 square feet. This presents a unique opportunity for businesses seeking high-visibility locations in a thriving community. Located on Manchester Road, the property benefits from exceptional visibility and accessibility within a bustling retail corridor. Ballwin itself is a highly desirable location, recognized for its strong schools (served by both Rockwood and Parkway school districts, consistently ranked among the nation's best), abundant recreational facilities (including Castlewood State Park and two state-of-the-art community centers), and its overall quality of life, earning accolades as one of America's best places to live. The area offers a blend of suburban tranquility and convenient access to the greater St. Louis metropolitan area. This property's strategic location and flexible space options make it an ideal investment for a variety of retail businesses seeking to establish or expand their presence in a prosperous and well-regarded community. The address is 15287 Manchester Rd, Ballwin, MO 63011.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,313,046
    6.5%
    $10,442,812
    7%
    $9,696,897
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,349,562
    Geo Method
    $6,349,562
  • Alternative Use

    Use
    Valuation
    Residential
    $8,808,903
    Hospitality
    $8,068,908
    Educational
    $6,713,236
    Medical
    $6,944,115
    Retail
    $10,442,812
15287 Manchester Rd, Ballwin, Missouri

Location Insight

City
Ballwin
County
St. Louis
State
Missouri
Latitude
38.5939
Longitude
-90.5596
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$574,071
$2,227,100
$4,148,700
$6,375,800
-
$6,959,700
$12,964,700
$19,924,400

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