Vacant Retail
14529 Manchester Road, Manchester, MO 63011
For Sale
New
$2,900,000
The property is identified as a Walgreens location at a Manchester Road address.
Property Size15,120 SF
Days on Market2
Property Features for 14529 Manchester Road
General Information
Standard status
Size
Property subtype
Lease Term
Net Operating Income
Additional Details
Traffic Count
Building Details
Building Size
Year Built
Listing Agency:
Matthews Real Estate Investment Services | Austin
Listed By:
Christian Becker · License #License No. 794055
(512) 430-4466
Source:
Matthews
Added: Nov 8
Last Checked: Oct 7 at 8:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews Real Estate Investment Services | Austin
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail space is identified as a dark Walgreens at 14529 Manchester Road in Manchester, Missouri. The listing provides a traffic figure of 47,600 vehicles per day and cites $166K AHHI. No additional physical or configuration details are included in the property information.
Key Highlights
- Walgreens retail location at 14529 Manchester Road, Manchester, MO 63011
- 47,600 VPD cited for the property location
- $166K AHHI cited
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$203,398
Cap Rate
7.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,067,960
$4.1M
Cap Rate 7%
$2,905,686
$2.9M
Cap Rate 9%
$2,259,978
$2.3M
Market Conditions
NOI Build-Up for 15,120 SF
Gross rent
$337.5K $22.32/SF
− Vacancy
−$46.9K −$3.10/SF
EGI
$290.6K $19.22/SF
− OpEx
−$87.2K −$5.77/SF
NOI
$203.4K $13.45/SF
Area
St. Louis County, MO
Vacancy
13.90%
Lease Rate
$22.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,067,960
Cap Rate 7%
$2,905,686
Cap Rate 9%
$2,259,978
Alternative Uses
Best Use
Retail
$2.91M
$2.54M – $3.39M
NOI $203,398 @ 7.0% cap · market cap 7.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.25M
$2.84M – $3.79M
NOI $227,151 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
47,600 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
281
Businesses Nearby
Explore this area
Business Placement
Demographics for 63011, MO
37,495
Population
14,822
Households
2.5
Avg Household Size
44
Median Age
66%
College-Educated
98%
High-School Grad
14.3 sq mi
ZIP Area
2,622
Density / Sq Mi
$121,941
Median Household Income
$65,659
Median Earnings
$1,624
Median Rent
$373,600
Median Home Value
Market
Average Price Trend$/SF for Retail space in St. Louis County, MO
Properties on Market for Retail space in St. Louis County
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - The property is identified as a Walgreens location at a Manchester Road address.
Where is this retail space located?
The property is located at 14529 Manchester Road Manchester, MO.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Walgreens retail location at 14529 Manchester Road, Manchester, MO 63011; 47,600 VPD cited for the property location; $166K AHHI cited
