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    12030 Kinstern Dr Des Peres, MO 63131

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    For Sale
    Contact for pricing

    0.63-acre lot, multi-tenant income property

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.63-acre commercial property in Des Peres, Missouri, presents a unique investment or redevelopment opportunity. The site includes a fully leased 2,250 square foot commercial building featuring three tenants. Two tenants occupy the main level, enjoying convenient Manchester Road access, while a third tenant leases the lower level with a separate entrance. Adding to the property's versatility are two residential homes. 1091 Kinstern Drive offers 1,200 square feet of living space, including three bedrooms, one full bath, central air conditioning, a full basement, and a one-car garage. The second home, located at 1087 Kinstern Drive, comprises 1,075 square feet with two bedrooms, one full bath, central air conditioning, a full basement, and a one-car garage. All tenants are currently on month-to-month leases, providing new ownership with the flexibility to restructure lease terms and potentially maximize rental income. The property's strategic location in Des Peres, within St. Louis County (zip code 63131), offers significant potential for future growth and development. This is an ideal opportunity for an investor seeking a multi-faceted property with immediate income generation and long-term upside. The property is situated at 12030 Manchester Rd, 1087-1091 Kinstern Dr, Des Peres, MO.

    Property Features for 12030 Kinstern Dr

    General Information

    Property type
    Land
    Lot Size
    27,443 SF

    HighLights

    • Investment or redevelopment opportunity in Des Peres, MO.
    • Fully leased 2,250 SF commercial building.
    • Commercial building features three tenants: two on the main level with Manchester Road access, one in the lower level with separate entrance.
    • Includes two residential homes.
    • 1091 Kinstern Dr: 1,200 SF, 3 bed, 1 bath, central AC, full basement, 1‑car garage.
    • 1087 Kinstern Dr: 1,075 SF, 2 bed, 1 bath, central AC, full basement, 1‑car garage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Des Peres
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.436805
    Latitude
    38.60186

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    Nearby Similar for Sale

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      Des Peres Commercial Building For Sale

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      View Details

    FAQs

    What type of property is this?
    Land - 0.63-acre lot, multi-tenant income property
    Where is this land located?
    The property is located at 12030 Kinstern Dr Des Peres, MO.
    What are key features of this property?
    This property features: Investment or redevelopment opportunity in Des Peres, MO.; Fully leased 2,250 SF commercial building.; Commercial building features three tenants: two on the main level with Manchester Road access, one in the lower level with separate entrance.
    Request Owner's contact information
    12030 Kinstern Dr Des Peres, MO 63131
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    Realmo Value Estimation

    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.

    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.

    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
    12030 Kinstern Dr Des Peres, MO 63131
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