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    I-170 & Delmar Blvd St Olivette, MO 63132

    Sponsored
    For Sale
    Contact for pricing

    Prime St. Louis County commercial land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 35,000 square foot commercial land parcel is strategically located at the intersection of I-170 and Delmar Boulevard in Olivette, Missouri, zip code 63132. The property boasts unparalleled visibility and accessibility due to its high-traffic location, with 129,438 vehicles per day traversing I-170. This presents a unique opportunity for developers seeking a prime location within a thriving community. The site is adjacent to the upscale Gatesworth Retirement Community, a significant draw with 500 residents, 500 employees, and 100 daily visitors. This proximity ensures high foot traffic and potential customer base. Furthermore, the property benefits from its close proximity to the vibrant Delmar Loop, Forest Park, the Clayton Business District, and the St. Louis Galleria, offering convenient access to a wide range of amenities and services. The surrounding area is densely populated with high barriers to entry for new development, making this a rare and valuable opportunity. Construction is slated to begin in the fall of 2021, and this is the only commercial opportunity within the project, which includes 265 upscale apartments in Lot 1. The area has seen significant recent investment, including major projects at Washington University, COCA, and The Everly, demonstrating a strong commitment to growth and development. This site offers an exceptional investment opportunity in a dynamic and rapidly growing area of St. Louis County.

    Property Features for I-170 & Delmar Blvd St

    General Information

    Property type
    Land

    HighLights

    • 35,000 SF commercial land parcel at I‑170 & Delmar Blvd, Olivette, MO 63132.
    • Construction slated to begin Fall 2021.
    • Sole commercial opportunity within a project including 265 upscale apartments.
    • Adjacent to Gatesworth Retirement Community (500 residents, 500 employees, 100 daily visitors).
    • Convenient access to Delmar Loop, Forest Park, Clayton Business District, and St. Louis Galleria.
    • Densely populated area with high barriers to entry for new development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Olivette
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.3795438
    Latitude
    38.6785807

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    FAQs

    What type of property is this?
    Land - Prime St. Louis County commercial land
    Where is this land located?
    The property is located at I-170 & Delmar Blvd St Olivette, MO.
    What are key features of this property?
    This property features: 35,000 SF commercial land parcel at I-170 & Delmar Blvd, Olivette, MO 63132.; Construction slated to begin Fall 2021.; Sole commercial opportunity within a project including 265 upscale apartments.
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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
    I-170 & Delmar Blvd St Olivette, MO 63132
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