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Have Any Idea What All the Property in the Ladue School District is Worth?

Several hundred million, but none of it is for sale other than the old Wright School property.

If someone was to sell their house, they would get a real estate agent or an assessor to put a valuation on that particular piece of property. The agent would add up the square footage, count the number of rooms, fixtures and value of the property and come up with a given figure.

The Ladue School District is no different. Though no buildings will be up for sale (other than the location of the old Early Childhood Center), millions of dollars are wrapped up in value to the district.

Here’s a look at the school buildings in the district, their founding years and current assessed valuations.

Reed School, built in 1938. 60,565 square feet. Replacement Costs: building $12 million, $114 thousand. Contents: $3 million, $430 thousand; total $15 million, $544 thousand.

Wright School, built in 1939. (old LEEC) still on the books until sold. 36,587 square feet. Building: $6 million, $452 thousand. Contents: $2 million, $484 thousand; total: $8 million, $936 thousand.

Ladue Horton Watkins High School, open in 1952. 368,054 square feet. Building: $54 million, $974 thousand. Contents: $18 million, $578 thousand. Total: $73 million, $553 thousand.

Conway Elementary, open in 1952. 62,959 square feet. Building $14 million, $490 thousand. Contents: $3 million, $391 thousand; total $17 million, $881 thousand.

Spoede School, open in 1952. 63,782 square feet. Building: $13 million, $074. Contents: $3 million, $309 thousand. Total: $16 million, $383.

Old Bonhomme School, open in 1954. 53,571 square feet. Building: $10 million, $229 thousand. Contents: $2 million, $931 thousand. Total: $13 million, $160 thousand.

Ladue Middle School, open in 1959. 129, 767 square feet. Building: $27 million, $694 thousand. Contents: $7 million, $935 thousand. Total: $35 million, $629 thousand.

Administration Center, built in 1965. 11,520 square feet. Building: $2 million, $276 thousand. Contents: $534 thousand. Total: $2 million, $810 thousand.

Ladue Early Childhood Center, open in 2011. 54,554 square feet. Building, $10 million, $498 thousand. Contents: $2 million, $428 thousand. Total: $12, million, $926 thousand.

West Campus Fifth grade Center, built in 1960. Rebuilt in 2012-13. Building: $16 million, $332 thousand. Contents. $500,000 (to date); Total: $16 million, $832 thousand.

For a couple hundred million, someone could purchase all the property in the Ladue School District. However, other than the old LEEC property, none of it is for sale.

flyoverland February 05, 2013 at 06:44 PM
That is an absurd comment. Totally irresponsible. Absolutely wrong.
CreveCoeurDad February 05, 2013 at 07:06 PM
I don't believe the new campus was built, but they had bought the property. You also assume no other buyer would have emerged. But that's beside the point, you wouldn't have wanted to buy it for $1 because you thought and still think it unnecessary.
flyoverland February 05, 2013 at 07:14 PM
No, I would have taken it for a dollar. Their campus was under construction. You will recall, we rented it back to them for a year for approximately less than you could rent warehouse space in North City. Meanwhile, our interest clock began ticking adding to the real cost.
CreveCoeurDad February 05, 2013 at 11:42 PM
You lie down with dogs, you get up with fleas.
flyoverland February 06, 2013 at 12:35 AM
Totally absurd.

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