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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6691 Manchester Ave Saint Louis, MO 63139-3554

    • Office Properties & Spaces
    • 8,048 SF
    • 1.43 lot acres
    OFF-MARKET
    Value Estimations
    $1,350,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-1522887
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 6691 Manchester Ave

    Year built
    1943
    Construction
    CONCRETE
    Lot size
    1.43 lot acres
    Property size
    8,048 SF
    Zone code
    H
    Property type
    Office Properties & Spaces
    APN
    462000-00820
    APU
    46200000820

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,575,000
      6.5%
      $1,455,000
      7%
      $1,350,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,623,000
      Market price range: $654k - $2.27M
      AI Estimate
      $973,000
      Market price range: $460k - $1.35M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,465,000
      Current use
      RESTAURANT
      $2,230,000
      Change: +52% Conversion: Difficult
      RETAIL STORES
      $1,415,000
      Change: -3% Conversion: Easy
      MEDICAL BUILDING
      $1,240,000
      Change: -15% Conversion: Easy
      OFFICE BUILDING
      $1,200,000
      Change: -18% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Saint Louis
    County
    Saint Louis City
    State
    Missouri
    Longitude
    -90.3024
    Latitude
    38.6192
    CBSA code
    41180
    CBSA name
    ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,842
    $99,700
    $107,000
    $206,700
    -
    $311,500
    $334,500
    $646,000

    Comparable in this City

    • Value Estimation
      $1,105,000
      11,189 SF

      2355 Hampton Ave

      OFFICE (GENERAL) • 11,189 SF
      2355 Hampton Ave, Saint Louis, MO 63139-2908
      View Details
    • Value Estimation by Request
      900 SF

      5402 Magnolia Ave St

      Individual retail properties • 900 SF
      5402 Magnolia Ave St, St. Louis, MO 63139
      View Details
    • Value Estimation by Request
      9,881 SF

      2360 Hampton Ave

      OFFICE (GENERAL) • 9,881 SF
      2360 Hampton Ave, Saint Louis, MO 63139-2909
      View Details
    • Value Estimation
      $920,000
      5,000 SF

      1425 Hampton Ave, Unit 1431

      OFFICE (GENERAL) • 5,000 SF
      1425 Hampton Ave, Saint Louis, MO 63139-3115
      View Details
    • Value Estimation
      $550,000
      4,531 SF

      3427 Hampton Ave, Unit 3441

      OFFICE (GENERAL) • 4,531 SF
      3427 Hampton Ave, Saint Louis, MO 63139-1940
      View Details
    • Value Estimation by Request
      1,176 SF

      3538 Jamieson Ave

      OFFICE (GENERAL) • 1,176 SF
      3538 Jamieson Ave, Saint Louis, MO 63139-2103
      View Details

    Similar Nearby for Sale

    • New
      $449,900
      0.08 Acres

      Mixed-Use Property with Restaurant Space

      Mixed-use property with restaurant and residential opportunity in St. Louis.
      1325 Hampton Ave St, Louis, MO 63139
      View Details
    • $1,499,000
      0.78 Acres

      Kingshighway Development Opportunity

      St. Louis commercial land, high traffic
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    • Contact for pricing
      2,988 SF

      Kingshighway Retail Portfolio

      St. Louis Retail Investment Opportunity
      3201-3205 Kingshighway Blvd St, St. Louis, MO 63139
      View Details
    • $450,000
      Pending

      Art Deco Style Four-Family Building

      Four-family building with updates and a four-car garage.
      5050 Potomac St St, Louis, MO 63139
      View Details
    • $269,000
      1,510 SF

      Lindenwood Park All-Brick Duplex

      All-brick duplex in Lindenwood Park, ideal for investment or owner-occupancy.
      6959-61 Oleatha Ave St, Louis, MO 63139
      View Details
    • New
      $325,000
      0.07 Acres

      St Louis Land For Sale

      Land suitable for parking or automotive use in St Louis.
      5410 Magnolia Ave St, Louis, MO 63139
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      89,853 SF

      St. Louis Office Space: Campbell Plaza

      Prime St. Louis office space, ample parking.
      1 Campbell Plz St, St. Louis, MO 63139
      View Details
    • $2,860 /Mo
      4,260 SF

      Hampton Avenue Office Suites Available

      Office suites for lease in Hampton Manor Office Complex.
      3250-3270 Hampton Ave St, Louis, MO 63139
      View Details
    • Contact for pricing
      9,881 SF

      St. Louis Ghost Kitchen Facility

      Prime Hampton Ave. commissary kitchens
      2360 Hampton Ave St, St. Louis, MO 63139
      View Details
    • $12 SF/Yr
      8,000 SF

      8,000 SF Flex Space

      Flex space with office, dock, drive-in, and extra sheds.
      1824 Knox Ave, Saint Louis, MO 63139
      View Details
    • Contact for pricing
      200 SF

      St. Louis Ghost Kitchen - 200 sqft

      Prime St. Louis location, perfect for food delivery businesses.
      2360 Hampton Ave St, St. Louis, MO 63139
      View Details
    • Contact for pricing
      10,513 SF

      Kingshighway Blvd Retail Space

      St. Louis retail building, 10,513 sq ft.
      3144 Kingshighway Blvd St, St. Louis, MO 63139
      View Details
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    6691 Manchester Ave
    Saint Louis, MO 63139-3554
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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