Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Highway 141 Commercial Space Title is generated by Realmo AI

    120 Old Meramec Station Rd, Ballwin, MO 63021

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Commercial space with fenced outside storage at Highway 141.

    Type:Retail, Industrial, Special Purpose
    Added:
    Jun 26, 2024
    Days on Market:
    708
    Last Refresh:
    May 12 at 11:03 pm

    Property Features for 120 Old Meramec Station Rd

    General Information

    Standard status
    Active
    Property subtype
    Retail, Industrial, Special Purpose

    Building Details

    Year Built
    1960

    Spaces For Lease

    at 120 Old Meramec Station Rd Contact us

    $8/Mo

    Size
    9,800 SF
    Type
    Retail, Industrial, Special Purpose
    Contact us

    We can help!

    Listing Contact
    Tony Bosworth

    Listing agent Tony Bosworth License #MO 1999021401

    Listing office TB Realty & Development

    Listing date Jun 26, 2024

    Source Crexi

    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 TB Realty & Development

    HighLights

    • Located at the desirable intersection of Highway 141 and Manchester Road.
    • Perfect for contractors or auto repair services.
    • Includes fenced outside storage.
    • Located in Manchester, MO.
    • Year Built: 1960
    • Highway Access

    Overview

    Located at the intersection of Highway 141 and Manchester Road in Manchester, Missouri, this commercial space is suitable for contractors and auto repair services. The property includes fenced outside storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Map

    City
    Ballwin
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.5462
    Latitude
    38.5691

    Nearby Similar for Lease

    • $900/Mo
      9,000 SF

      Ballwin Office Space For Lease

      Office space for lease in Kehr's Mill Professional Park.
      960 Kehr's Mill Road, Ballwin, MO 63011
      View Details
    • $16 SF/Yr
      2,220 SF

      Retail Space in Ballwin, MO

      Retail space available in grocery-anchored Ballwin location.
      15425 Manchester Rd, Ballwin, MO
      View Details
    • $15 SF/Yr
      15,241 SF

      West County Office Space Available

      Prime location with renovated common areas and building signage.
      13515 Barrett Parkway Dr, Ballwin, MO
      View Details
    • $4,000/Mo
      4,438 SF

      Updated Office Space For Rent

      Recently updated office space with garage storage available for rent.
      509 Old State Rd, Ballwin, MO
      View Details
    • Contact for pricing
      13,224 SF

      Ballwin Office Space Available

      Office building with 13,224 square feet available for lease.
      13545 Barrett Pkwy Dr., Ballwin, MO 63021
      View Details
    • $27 SF/Yr
      3,720 SF

      Veterinarian Hospital with Basement

      Standalone building suitable for a veterinarian hospital with basement.
      210 Clarkson Rd, Ballwin, MO
      View Details
    • Contact for pricing
      3,742 SF

      Office-Warehouse Flex Space Available

      3,742 SF flex space in West County location.
      310-334 Sovereign Ct, Ballwin, MO 63011
      View Details
    • $16 SF/Yr
      2,160 SF

      Retail Space on Manchester Road

      Retail space available in grocery-anchored Ballwin shopping center.
      15401 Manchester Rd, Ballwin, MO
      View Details
    • $21 SF/Yr
      1,758 SF

      Ballwin Office Space Available

      Office space available for lease in Ballwin, Missouri.
      15480 Clayton Rd, Ballwin, MO
      View Details
    • Contact for pricing

      Versatile Office and Flex Space

      Well-maintained office and flex space in West County.
      301 Sovereign Ct, Ballwin, MO 63011
      View Details
    • Contact for pricing
      882 SF

      Professional Office/Medical Space For Rent

      882 SF office/medical space in thriving retail center.
      485 Wildwood Pkwy, Ballwin, MO
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Ballwin, MO

      Retail property in a high-income area of St. Louis County.
      15425-15495 Clayton Rd, Ballwin, MO
      View Details

    FAQs

    What type of property is this?
    Auto shop - Commercial space with fenced outside storage at Highway 141.
    Where is this auto shop located?
    The property is located at 120 Old Meramec Station Rd Ballwin, MO.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: Located at the desirable intersection of Highway 141 and Manchester Road.; Perfect for contractors or auto repair services.; Includes fenced outside storage.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Tony Bosworth
    Real Estate License ID: MO 1999021401
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    120 Old Meramec Station Rd, Ballwin, MO 63021
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!