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    1234 1St St St. Louis, MO 63102

    Sponsored
    For Sale
    $400,000

    0.64 acres, Commercial Zoning, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.642-acre commercial land parcel, located at 1234 N 1st Street in St. Louis, Missouri, presents a unique investment opportunity. Priced at $400,000, this property boasts a land value of $14.31 per square foot. The site is zoned for commercial use, providing flexibility for a variety of development projects. Its strategic location in the N. Laclede's Landing area offers unparalleled access to thriving businesses and significant foot traffic. The property's proximity to key attractions further enhances its appeal. Specifically, it's situated just two blocks from the renowned Horseshoe Casino and the luxurious Four Seasons Hotel, ensuring high visibility and potential for strong returns. An adjacent warehouse is also available, presenting potential for synergistic development or expansion. The property's address is 1234 N 1st St, St. Louis, MO 63102. This prime location, combined with its commercial zoning and attractive price point, makes this an exceptional opportunity for discerning investors seeking a foothold in a vibrant and rapidly developing area of St. Louis.

    Property Features for 1234 1St St

    General Information

    Property type
    Land
    Lot Size
    27,966 SF

    HighLights

    • Prime N. Laclede's Landing location.
    • Commercially zoned.
    • Adjacent warehouse space available for lease.
    • Two blocks from Horseshoe Casino and Four Seasons Hotel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    St. Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.1846217
    Latitude
    38.623996

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    FAQs

    What type of property is this?
    Land - 0.64 acres, Commercial Zoning, Excellent Location
    Where is this land located?
    The property is located at 1234 1St St St. Louis, MO.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: Prime N. Laclede's Landing location.; Commercially zoned.; Adjacent warehouse space available for lease.
    Request Owner's contact information
    1234 1St St St. Louis, MO 63102
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    St. Louis, MO 63102
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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
    1234 1St St St. Louis, MO 63102
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