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Property profile & analytics
OFF-MARKET Estimated value $1,750,000
Strip malls

15240 Manchester Rd Ballwin, MO 63011-4601

16,533 SF 2.32 ac lot Built 2000
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US48-0984644
Property summary
AI-generated overview

This exceptional retail property, located at 15240 Manchester Road in Ballwin, Missouri, presents a prime leasing opportunity. The single-story, 16,533 square foot building is undergoing a complete modernization, completed by 2024, featuring facade upgrades, enhanced parking, and energy-efficient LED lighting. Currently, 10,650 square feet is available for lease, including one large space of 4,626 square feet. The property enjoys a highly visible location on Manchester Road, one of the region's busiest thoroughfares, ensuring maximum exposure for your business. Situated in the Saint Louis submarket, specifically the Ballwin cluster, this revitalized shopping center offers a contemporary aesthetic designed to attract a diverse clientele. The zip code is 63011. This is an ideal opportunity to establish or expand your retail presence in a thriving commercial area. The property's recent renovations ensure a modern and efficient space, ready for immediate occupancy. Take advantage of this exceptional opportunity to secure a prominent location in a newly transformed shopping center.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2000
Construction METAL FRAME
Total area 16,533 SF
Lot 2.32 ac (101,059 SF)
Zoning code C-1
APN 23S-5-4-067-1
UPID US48-0984644
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
$1.75M
CAP Approach CAP
$1.10M
Comparable Approach Comparable
$1.12M
Blend (final) Blend
$1.75M
Owner & transaction history
Tamir LLC · 2 yrs held
Tamir LLC
since 2024
Last sale
$1.8M
4 recorded transactions
2024
$1.8M
2016
Price N/A
2001
Price N/A
1969
Price N/A
Zoning & alternative use
C-1 · Ballwin, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The purpose of this district is for public elementary, middle and high schools, and private educational institutions of a similar character and having a curriculum the same as ordinarily given in public schools, bakery for the production and sale at wholesale and retail of bakery goods provided that no less than 25 percent of the gross floor area of the spac…

Zone name Commercial
General category CIVIC_INSTITUTIONAL
Zone area 348.52 ac
Source Realmo
Top alternative use upside
Office building $2.5M +51.3%
Auto repair, garage $2.4M +42.9%
Medical building $2.0M +22.2%
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