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Property profile & analytics
OFF-MARKET
Estimated value
$1,560,000
Strip malls
15212 Manchester Rd Ballwin, MO 63011-4614
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US48-0014228
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1967
Total area
9,660 SF
Lot
1.18 ac (51,401 SF)
Zoning code
93C-1
APN
23S-5-4-028-6
UPID
US48-0014228
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · 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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.51M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$1.56M
Owner & transaction history
Ballwin Oaks Bb LLC · 3 yrs held
Ballwin Oaks Bb LLC
since 2023
Last sale
$1.6M
5 recorded transactions
Zoning & alternative use
93C-1 · Ballwin, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.8M
+82.4%
Office building
$1.5M
+51.3%
Auto repair, garage
$1.4M
+42.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ballwin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ballwin submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,530,000
ML approach
$1,505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$960,000
Current use
RETAIL STORES
$1,750,000
Change: +82% · Conversion: Easy
OFFICE BUILDING
$1,455,000
Change: +51% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,375,000
Change: +43% · Conversion: Difficult
MEDICAL BUILDING
$1,175,000
Change: +22% · Conversion: Difficult
Blend value · Realmo final
$1.56M
Range $1.40M – $1.72M · ±10% · vs last sale $1.60M (Jul 24 2023)
Last sale anchor
$1.60M
Jul 24 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$161 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$43,452
Tax year 2023
Assessed value
$482,590
Assessed 2023
Previous assessed
$399,520
+20.8% YoY
Effective rate
9.00%
On assessed value
Assessed land
$210,140
Assessed improvement
$272,450
Land market value
$656,700
Improvement market value
$851,400
Total market value
$1,508,100
Applied tax rate
110.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1967
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
11
Bathrooms
6
Total area
9,660 SF
Lot
1.18 ac (51,401 SF)
Zoning code
93C-1
APN
23S-5-4-028-6
UPID
US48-0014228
Jurisdiction
ST LOUIS
Zoning & alternative use
93C-1 · Ballwin, MOZoning 93C-1 · permitted uses
93C-1 · Ballwin, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$960,000
RETAIL STORES
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1967
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
11
Bathrooms
6
Lot
1.18 ac
Current owner
From public records · entity-resolved
Ballwin Oaks Bb LLC
Entity
Mailing address
7508 DELMAR BLVD, SAINT LOUIS, MO 63130-3929
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2023
$1,600,000
Ballwin Oaks Bb LLC
Face Properties LLC
Special Warranty Deed
$1,224,000 · Face Properties LLC
Oct 27, 2014
$650,000
Face Properties LLC
Ballwin Oaks LLC
Grant Deed
$1,000,000 · Karen Elliott
Mar 15, 2010
—
Ballwin Oaks LLC
—
Trustees Deed
related
$92,367 · Royal Bank Of Missouri
Aug 6, 2004
$2,135,000
Northland Hills LLC
Wk Investment Corp
Grant Deed
—
Aug 6, 2004
—
Northland Hills LLC
Wk Investment Corp
Quit Claim Deed
related
$1,814,750 · Royal Bank Of Missouri
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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