2218 Barrett Station Rd Ballwin, MO 63021
- Commercial real estate
- 0.25 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2218 Barrett Station Rd
- Lot size
- 0.25 lot acres
- Property type
- Commercial real estate
- APN
- 22P310692
Description
This 0.25-acre commercial lot in Ballwin, Missouri, presents a unique investment opportunity. Strategically located near the intersection of major highways, Interstate 270 and Missouri Route 141, it offers exceptional access to Town and Country, Ballwin, Des Peres, and Kirkwood. The property is zoned Non-Urban (NU), making it ideal for commercial development. Situated on a corner lot, it boasts high visibility and accessibility. The area features a median household income exceeding $150,000 and a robust commercial real estate market. The West County office submarket currently exhibits a low vacancy rate of 2.6%, reflecting strong demand. Recent market data indicates a 1.8% decrease in vacancy over the past year, with 34,000 square feet absorbed and no new deliveries. Rents average approximately $20.00 per square foot, showing a 1.1% increase year-over-year and a cumulative 6% increase over the past three years. This property's location near Manchester Road (MO Highway 100) further enhances its appeal. The seller is offering financing options, facilitating a smoother acquisition process. This is a rare chance to acquire a highly desirable commercial parcel in a thriving West County location. The parcel size is approximately 10,890 square feet (0.25 acres). The property's APN is 22P310692. The asking price is $215,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ballwin
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.472980735289
- Latitude
- 38.594056483998
