Technical
Financial
Distress signals
Property profile

16801 Manchester Rd Grover, MO 63040

OFF-MARKET
Turn key restaurants
Property ID
US48-0651714
17,595 SF 3.7 ac lot Built 1971
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 17,595 square-foot commercial property, situated on a 3.7-acre lot in Grover, Missouri, presents a unique investment opportunity. Ideally located just south of Wildwood Town Center, this property boasts high visibility and convenient access. Originally built in 1971 and extensively renovated in 2017, the building features striking modern and warm finishes throughout. The main space is a fully updated worship center, perfect for large gatherings or adaptable to various commercial uses. A fully equipped commercial kitchen, complete with a hood system, is also included. The property includes ten versatile rooms, ideal for use as meeting rooms, classrooms, or offices, offering significant flexibility for a variety of businesses or organizations. The layout is well-suited for educational, religious, or community-based uses. An added benefit is the availability of an adjacent 4.05-acre lot across Manchester Road at 18630 Manchester Road, providing potential for expansion or additional development. This turnkey property offers significant potential for owner-users or developers seeking a prime location with substantial existing infrastructure. The asking price for this remarkable property is $1,800,000.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1971
Construction FRAME
Total area 17,595 SF
Lot 3.7 ac (161,172 SF)
Zoning code C-8
APN 24V-6-3-029-7
UPID US48-0651714

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church

Location

16801 Manchester Rd Grover, MO 63040-1207
Grover metro Census 221625 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$670k

Owner & transaction history

since 2025
7 recorded transactions
2025
$2.8M
2024
Price N/A
2020
Price N/A
2018
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-8 · Grover, MO

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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