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    15287 Manchester Rd Ballwin, MO 63011

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    For Lease
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    Ballwin, MO Strip Center Opportunity

    Lot size:
    159,136 SF

    Property Features for 15287 Manchester Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    159,136 SF

    Spaces For Lease

    at 15287 Manchester Rd, Ballwin, MO 63011 Contact us

    We can help!

    Listing Contact
    Alex Apter
    Alex Apter

    Listing Agency: LOCATION. Commercial Real Estate Listing Agent: Alex Apter

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Central Plaza, a prime retail strip center in Ballwin, Missouri, offers 159,136 square feet of commercial space with multiple tenancy options. Currently, 40,564 square feet is vacant, divisible into units ranging from 1,780 to a maximum contiguous 28,789 square feet. This presents a unique opportunity for businesses seeking high-visibility locations in a thriving community. Located on Manchester Road, the property benefits from exceptional visibility and accessibility within a bustling retail corridor. Ballwin itself is a highly desirable location, recognized for its strong schools (served by both Rockwood and Parkway school districts, consistently ranked among the nation's best), abundant recreational facilities (including Castlewood State Park and two state-of-the-art community centers), and its overall quality of life, earning accolades as one of America's best places to live. The area offers a blend of suburban tranquility and convenient access to the greater St. Louis metropolitan area. This property's strategic location and flexible space options make it an ideal investment for a variety of retail businesses seeking to establish or expand their presence in a prosperous and well-regarded community. The address is 15287 Manchester Rd, Ballwin, MO 63011.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Ballwin
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.560074853978
    Latitude
    38.592904407749

    Nearby Similar for Lease

    • $12 SF/Yr
      10,528 SF

      Office/Warehouse Building Along Manchester Rd

      Single-tenant office/warehouse building for lease along Manchester Rd.
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    • $17 SF/Yr
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      Retail/Office Space Available for Rent

      Retail or office suites available with great access and signage.
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    • $18 SF/Yr
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      Medical Office Space Available

      Medical office space for lease with high visibility.
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      102,973 SF

      Manchester Road Retail Opportunity

      Retail space available on Manchester Road with high traffic volume.
      13901-13929 Manchester Rd, Ballwin, MO
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      15,241 SF

      West County Office Space Available

      Prime location with renovated common areas and building signage.
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      Retail Space on Manchester Road

      Retail space with high visibility and ample parking.
      1250-1288 Old Orchard Ctr, Ballwin, MO 63021
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      12,198 SF

      Renovated Office Space Available

      Office space with renovated lobbies, cafe, and ample parking.
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      11,201 SF

      Renovated Office Space Available

      Office space for rent with renovated lobbies and common areas.
      13523 Barrett Parkway Dr, Ballwin, MO 63021
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      882 SF

      Professional Office/Medical Space For Rent

      882 SF office/medical space in thriving retail center.
      485 Wildwood Pkwy, Ballwin, MO 63011
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      1,780 SF

      Retail Space in Central Plaza

      Dominant community center with retail spaces available for lease.
      15367 Manchester Rd, Ballwin, MO
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      4,000 SF

      Freestanding Retail Building on Manchester

      Retail space with high visibility in West County.
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      2,250 SF

      Retail Space on Manchester Road

      Retail space available in high-traffic Ballwin location.
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    FAQs

    What type of property is this?
    Neighborhood center - Ballwin, MO Strip Center Opportunity
    Where is this neighborhood center located?
    The property is located at 15287 Manchester Rd Ballwin, MO.
    What are key features of this property?
    This property features: Dominant multi-anchor community center in West St. Louis County's Manchester Road retail corridor.; 1,780 - 28,789 square feet of available space.; Anchored by Ross Dress for Less, Old Navy, Five Below, Joann Fabrics, and Dollar Tree.
    (314) 488-5900 Call to check price and availability
    Request Owner's contact information
    15287 Manchester Rd Ballwin, MO 63011
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    Ballwin, MO 63011
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    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
    15287 Manchester Rd Ballwin, MO 63011
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    Contact for Pricing
    Please call us for current price
    and status of this listing Alex Apter
    Alex Apter
    (314) 488-5900 (314) 314-8181 (314) 818-1562
    Learn more
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