14370 Manchester Rd Manchester, MO 63011-4047
- Retail space
- 3,170 SF
- 0.09 lot acres
Current Use by Public Records
- USA Tickets / Event Ticket Seller
Property Details for 14370 Manchester Rd
- Year built
- 1900
- Construction
- FRAME
- Lot size
- 0.09 lot acres
- Property size
- 3,170 SF
- Zone code
- 94H
- Property type
- Retail space
- APN
- 23Q-4-3-161-0
- APU
- 23Q431610
Description
This exceptional two-story, 2,495 square foot Class B office building is situated on a 0.09-acre lot at 14370/14372 Manchester Road in Ballwin, Missouri, zip code 63011. Built in 1945, the property boasts a prime location with high visibility and traffic counts exceeding 80,000 vehicles daily, offering excellent signage opportunities. Currently, the building has a 50% occupancy rate, with a five-year NNN lease in place on the second floor, extending until 2029. Approximately 1,200 square feet of updated space is available on the first floor, presenting an ideal owner-user opportunity or investment potential. The asking price is $549,000, representing a price per square foot of $220.04 and an 8.00% cap rate. The property is zoned C and offers a multi-tenancy setup. This presents a unique chance to acquire a well-located commercial property in a thriving area of St. Louis County. The building's traditional office layout provides flexibility for various business needs. The high traffic volume and prominent location on Manchester Road near Highway 141 make this an attractive investment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $230,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $200,000
- 6.5%
- $230,000
- 7%
- $195,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $230,000
- Geo Method
- $250,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $185,000
- Retail
- $215,000
- Mixed-Use
- $210,000
- Hospitality
- $195,000
- Educational
- $205,000
- Residential Income
- $220,000
- Energy
- $205,000
- Income-Based Land
- $215,000
- Food Service
- $185,000
Location Insight
- Map
- Local Demand
- City
- Manchester
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.5142
- Latitude
- 38.5927
- CBSA code
- 41180
- CBSA name
- ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA