15240 Manchester RdBallwin, MO 63011

Property Details for 15240 Manchester Rd

Year built

2000

Construction

METAL FRAME

Lot size

2.32 AC

Property size (Sq ft)

16,533 SF

Zone code

C-1

Property type

Retail properties

Property subtype

Strip malls

APN

23S-5-4-067-1

APU

23S540671

Description

This exceptional retail property, located at 15240 Manchester Road in Ballwin, Missouri, presents a prime leasing opportunity. The single-story, 16,533 square foot building is undergoing a complete modernization, completed by 2024, featuring facade upgrades, enhanced parking, and energy-efficient LED lighting. Currently, 10,650 square feet is available for lease, including one large space of 4,626 square feet. The property enjoys a highly visible location on Manchester Road, one of the region's busiest thoroughfares, ensuring maximum exposure for your business. Situated in the Saint Louis submarket, specifically the Ballwin cluster, this revitalized shopping center offers a contemporary aesthetic designed to attract a diverse clientele. The zip code is 63011. This is an ideal opportunity to establish or expand your retail presence in a thriving commercial area. The property's recent renovations ensure a modern and efficient space, ready for immediate occupancy. Take advantage of this exceptional opportunity to secure a prominent location in a newly transformed shopping center.

• CAP approach

  CAP return

  Valuation

  6%

  $5,778,705

  6.5%

  $5,334,190

  7%

  $4,953,176

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,248,060

  Geo Method

  $3,248,060

• Alternative Use

  Use

  Valuation

  Residential

  $4,499,588

  Hospitality

  $4,121,599

  Educational

  $3,429,122

  Medical

  $3,547,054

  Retail

  $5,334,190

Location Insight

City

Ballwin

County

St. Louis

State

Missouri

Latitude

38.5923

Longitude

-90.5564

CBSA code

41180

CBSA name

ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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