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    1290 Dielman Rd Olivette, MO 63132

    Sponsored
    For Sale
    $1,650,000

    7.52-acre infill development site in Opportunity Zone.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7.52-acre commercial and industrial land parcel presents a rare infill development opportunity in Olivette, Missouri. Located in the highly desirable Ladue School District, this property boasts a prime location with excellent highway accessibility to I-170. The site is zoned LI (Light Industrial District) and offers significant potential for various development projects. With a land value of $5 per square foot, the asking price is $1,650,000. The property's central location within an Opportunity Zone provides additional investment incentives. High visibility is ensured by its placement on Dielman Road, which experiences a daily traffic count of 8,135 vehicles. This represents one of the last available development sites in Olivette, making it a truly unique and valuable asset. The property's APN is 16-L23-1035. This is an ideal opportunity for developers seeking a strategically located site in a thriving community. The property's size and zoning make it suitable for a wide range of industrial and commercial uses.

    Property Features for 1290 Dielman Rd

    General Information

    Property type
    Land
    Lot Size
    327,571 SF

    HighLights

    • 7.52‑acre site in Olivette's Opportunity Zone.
    • Prime infill development site in the Ladue School District.
    • One of the last developable sites in Olivette.
    • Excellent highway access via I‑170.
    • High traffic counts: 8,135 VPD on Dielman Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Olivette
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.376080899783
    Latitude
    38.681438381323

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    FAQs

    What type of property is this?
    Land - 7.52-acre infill development site in Opportunity Zone.
    Where is this land located?
    The property is located at 1290 Dielman Rd Olivette, MO.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: 7.52-acre site in Olivette's Opportunity Zone.; Prime infill development site in the Ladue School District.; One of the last developable sites in Olivette.
    Request Owner's contact information
    1290 Dielman Rd Olivette, MO 63132
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    Olivette, MO 63132
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    Realmo Value Estimation

    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.

    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.

    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
    1290 Dielman Rd Olivette, MO 63132
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