401 Sovereign CtBallwin, MO 63011

Property Details for 401 Sovereign Ct

Year built

2000

Construction

FRAME

Lot size

3.65 AC

Property size (Sq ft)

71,696 SF

Zone code

FPM3

Property type

Retail properties

Property subtype

Retail space

APN

22P-1-3-006-3

APU

22P130063

Description

This exceptional industrial property, located at 401 Sovereign Ct in Ballwin, Missouri, zip code 63011, offers flexible space ideal for a variety of businesses. Situated in the Manchester submarket, this property boasts multiple tenancy options within the industrial sector, specifically categorized as Flex, Warehouse, Service Center, and Office/Warehouse. Individual suites range from 4,095 square feet to 9,632 square feet, with the possibility of combining suites 433 and 437 to achieve the larger 9,632 square foot space. The property features higher-end finishes, including 9-foot solid core doors, a newer roof, and a sprinkler system. Exceptional cleanliness is a key feature. Ample parking is provided, with a generous ratio of 4 cars per 1,000 square feet. This prime location offers easy access to the intersection of Manchester and Weidman Roads. Lease rates are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $24,090,628

  6.5%

  $22,237,502

  7%

  $20,649,110

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,085,339

  Geo Method

  $14,085,339

• Alternative Use

  Use

  Valuation

  Residential

  $18,758,166

  Hospitality

  $17,182,378

  Educational

  $14,295,537

  Medical

  $14,787,183

  Retail

  $22,237,502

Location Insight

City

Ballwin

County

St. Louis

State

Missouri

Latitude

38.5993

Longitude

-90.4908

CBSA code

41180

CBSA name

ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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