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    15069 Manchester Rd Ballwin, MO 63011
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    Property profile & analytics

    15069 Manchester Rd Ballwin, MO 63011

    View on Map
    • Strip malls
    • 4,200 SF
    • 0.70 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

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

    Property Details for 15069 Manchester Rd

    Year built
    1969
    Lot size
    0.70 lot acres
    Property size
    4,200 SF
    Property type
    Strip malls
    Property subtype
    Retail properties & Spaces

    Description

    This exceptional retail investment opportunity presents a fully leased, two-tenant building totaling 4,200 square feet situated on a 0.7-acre lot in Ballwin, Missouri. The property, located at 15069 Manchester Road, benefits from a prime location on a major East-West artery with high visibility and traffic counts, shadow-anchored by a Super Target. The property features a strong tenant mix including Hi-Pointe Drive-In and Vapor 100, both with significant market presence. Hi-Pointe Drive-In operates under a brand new 15-year NNN lease with a corporate guarantee, including 10% rent increases every five years. Vapor 100, a prominent vape retailer, holds a lease expiring in March 2026, with a renewal option. The property boasts a 7.08% cap rate and a $1,471,428 asking price, with a Net Operating Income (NOI) of $104,225. Built in 1969 and renovated in 2023, the property offers significant long-term stability and growth potential due to the strength of its tenants, lease terms, and strategic location within a thriving retail corridor. The tenants have invested over $850,000 in recent improvements, demonstrating their commitment to the site. The surrounding area features a strong demographic profile, with a high average household income and proximity to excellent schools and universities. This is a rare opportunity to acquire a stabilized, Class A retail investment with minimal landlord responsibilities and substantial upside potential. The property is 100% occupied with a multi-tenant structure.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ballwin
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.5495
    Latitude
    38.5933

    Comparable in this City

    • Value Estimation
      $1,555,000
      31,222 SF

      15828 Manchester Rd

      SHOPPING CENTER, STRIP CENTER • 31,222 SF
      15828 Manchester Rd, Ellisville, MO 63011-2208
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    • Value Estimation
      $1,665,000
      7,284 SF

      100 Holloway Rd

      SHOPPING CENTER, STRIP CENTER • 7,284 SF
      100 Holloway Rd, Ballwin, MO 63011-3215
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    • Value Estimation
      $790,000
      7,912 SF

      16073 Manchester Rd

      SHOPPING CENTER, STRIP CENTER • 7,912 SF
      16073 Manchester Rd, Ellisville, MO 63011-2103
      View Details
    • Value Estimation
      $775,000
      13,320 SF

      15001 Manchester Rd

      SHOPPING CENTER, STRIP CENTER • 13,320 SF
      15001 Manchester Rd, Ballwin, MO 63011-4626
      View Details
    • Value Estimation
      $1,390,000
      20,279 SF

      111 Baxter Shops St

      SHOPPING CENTER, STRIP CENTER • 20,279 SF
      111 Baxter Shops St, Manchester, MO 63011-3800
      View Details
    • Value Estimation
      $1,750,000
      16,533 SF

      15240 Manchester Rd

      SHOPPING CENTER, STRIP CENTER • 16,533 SF
      15240 Manchester Rd, Ballwin, MO 63011-4601
      View Details

    Similar Nearby for Sale

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      19,288 SF

      Retail Strip Center For Sale

      Retail strip center in Ellisville, Missouri, with upside potential.
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      38,080 SF

      Ellisville Retail Shopping Center For Sale

      Multi-tenant retail center in Ellisville, Missouri, 93% leased.
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      3,200 SF

      Retail Space on Manchester Road

      Retail space available in high-traffic Ellisville location.
      15619 Manchester Rd, Ellisville, MO 63011
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    • $399,000
      0.99 Acres

      Land For Sale in Ballwin

      Residential land available in Ballwin, Missouri.
      14685 Clayton Rd, Ballwin, MO 63011
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    • $1,750,000
      18,259 SF

      Turn-Key Fitness and Wellness Facility

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      Commercial Land on Manchester Road

      1.19 acre commercial land with access to Manchester Rd.
      15627 Manchester Rd, Ellisville, MO 63011
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    Similar Nearby for Lease

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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 63011
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      2,400 SF

      Retail Space in Central Plaza

      Dominant community center with multi-anchor tenants along Manchester Road.
      15305-15323 Manchester Rd, Ballwin, MO 63011
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      4,795 SF

      Retail Space in Central Plaza

      Dominant community center with retail spaces available for lease.
      15299-15301 Manchester Rd, Ballwin, MO 63011
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      30,224 SF

      Dominant Retail Center on Manchester

      Multi-anchor community center with high traffic and multiple access.
      15341-15355 Manchester Rd, Ballwin, MO 63011
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      9,253 SF

      Retail Space in Clarkson Center

      Retail space available in a busy Ellisville shopping center.
      1312-1346 Clarkson Clayton Ctr, Ellisville, MO 63011
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    • Contact for pricing
      1,400 SF

      Retail Space in High-Traffic Area

      Retail space available in a busy shopping center location.
      14226-14242 Manchester Rd, Manchester, MO 63011
      View Details
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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.

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    15069 Manchester Rd, Ballwin, MO, 63011
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