Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6655 Manchester Ave St St. Louis, MO 63139

    • Retail properties
    • 5,179 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 6655 Manchester Ave St

    Property size
    5,179 SF
    Property type
    Retail properties

    Description

    This exceptional free-standing retail building, located at 6655 Manchester Avenue in St. Louis, Missouri, 63139, presents a unique investment opportunity. The property boasts a total of 5,179 square feet, strategically divided into two primary areas. The first floor encompasses approximately 2,600 square feet, ideally suited for a restaurant or similar high-traffic retail use. This space is complemented by a newly remodeled interior, ensuring a modern and appealing environment for tenants or business owners. The second floor offers an additional approximately 2,500 square feet, adaptable for various uses, including apartments or office space. Recent improvements include a brand-new roof, enhancing the building's longevity and reducing maintenance concerns. Adding to its appeal, the property includes the option to purchase existing furniture, fixtures, and equipment (FF&E), streamlining the transition for a new owner. The asking price for this turnkey retail property is $650,000. This prime location in St. Louis offers excellent visibility and accessibility, making it an attractive proposition for discerning investors seeking a profitable venture in a thriving market. The property's versatile layout and recent renovations make it a compelling opportunity for immediate occupancy and potential for significant return on investment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    St. Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.3018
    Latitude
    38.619

    Comparable in this City

    • Value Estimation by Request
      2,988 SF

      3201-3205 Kingshighway Blvd St

      Retail properties • 2,988 SF
      3201-3205 Kingshighway Blvd St, St. Louis, MO 63139
      View Details
    • Value Estimation by Request
      900 SF

      5402 Magnolia Ave St

      Individual retail properties • 900 SF
      5402 Magnolia Ave St, St. Louis, MO 63139
      View Details
    • Value Estimation by Request
      1,600 SF

      2724 Watson Rd St

      Restaurants • 1,600 SF
      2724 Watson Rd St, St. Louis, MO 63139
      View Details
    • Value Estimation by Request
      800 SF

      5404 Magnolia Ave St

      Individual retail properties • 800 SF
      5404 Magnolia Ave St, St. Louis, MO 63139
      View Details
    • Value Estimation by Request
      2,581 SF

      5400 Magnolia Ave St

      Individual retail properties • 2,581 SF
      5400 Magnolia Ave St, St. Louis, MO 63139
      View Details
    • Value Estimation by Request

      3106 Ivanhoe Ave St

      Distribution properties
      3106 Ivanhoe Ave St, St. Louis, MO 63139
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,988 SF

      Kingshighway Retail Portfolio

      St. Louis Retail Investment Opportunity
      3201-3205 Kingshighway Blvd St, St. Louis, MO 63139
      View Details
    • $1,499,000
      0.78 Acres

      Kingshighway Development Opportunity

      St. Louis commercial land, high traffic
      3500 Kingshighway Blvd St, St. Louis, MO 63139
      View Details
    • $459,900
      0.08 Acres

      Mixed-Use Property with Restaurant Space

      Mixed-use property with restaurant and residential opportunity in St. Louis.
      1325 Hampton Ave St, Louis, MO 63139
      View Details
    • $699,900
      2,908 SF

      Established Auto Sales & Service

      Commercial property suitable for auto sales and service in St. Louis.
      6098 Arsenal St St, Louis, MO 63139
      View Details
    • $1,350,000
      11,674 SF

      St Louis Retail Opportunity

      0.78 acre parcel with two buildings in Tower Grove.
      3500 S Kingshighway Blvd St, Louis, MO 63139
      View Details
    • $269,000
      1,510 SF

      Lindenwood Park All-Brick Duplex

      All-brick duplex in Lindenwood Park, ideal for investment or owner-occupancy.
      6959-61 Oleatha Ave St, Louis, MO 63139
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,881 SF

      St. Louis Ghost Kitchen Facility

      Prime Hampton Ave. commissary kitchens
      2360 Hampton Ave St, St. Louis, MO 63139
      View Details
    • Contact for pricing
      200 SF

      St. Louis Ghost Kitchen - 200 sqft

      Prime St. Louis location, perfect for food delivery businesses.
      2360 Hampton Ave St, St. Louis, MO 63139
      View Details
    • Contact for pricing
      10,513 SF

      Kingshighway Blvd Retail Space

      St. Louis retail building, 10,513 sq ft.
      3144 Kingshighway Blvd St, St. Louis, MO 63139
      View Details
    • Contact for pricing
      1,608 SF

      Prime Hampton Ave QSR with Drive-Thru

      St. Louis Restaurant - 1608 SF, 0.43 Acres
      1232-42 Hampton Ave St, St. Louis, MO 63139
      View Details
    • $12 SF/Yr
      8,000 SF

      8,000 SF Flex Space

      Flex space with office, dock, drive-in, and extra sheds.
      1824 Knox Ave, Saint Louis, MO 63139
      View Details
    • $16 SF/Yr
      89,853 SF

      St. Louis Office Space: Campbell Plaza

      Prime St. Louis office space, ample parking.
      1 Campbell Plz St, St. Louis, MO 63139
      View Details
    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.
    6655 Manchester Ave St
    St. Louis, MO 63139
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.