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    800 4Th St St. Louis, MO 63102

    Sponsored
    For Sale
    $3,600,000

    124 Spaces, High-Rise Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Exceptional investment opportunity: a 38,246 sq ft parking lot with 124 spaces, ideally situated near St. Louis Cardinals Stadium at 800 & 818 S 4th St, St. Louis, MO 63102. Recently repaved and re-lit, this property currently generates income from game-day parking. Its location within an Opportunity Zone presents significant potential for future development, such as a high-rise building, capitalizing on the surrounding growth and new construction. The asking price is $3,600,000. This property offers a unique dual opportunity: continued cash flow from existing parking operations or redevelopment into a high-value asset. The property's prime location and Opportunity Zone status combine to create a compelling investment prospect with substantial upside potential. The lot's size and existing infrastructure provide a solid foundation for either continued operation as a parking facility or a transformative development project.

    Property Features for 800 4Th St

    General Information

    Property type
    Automotive properties

    HighLights

    • High‑cash‑flow potential as a Cardinals game parking lot.
    • Opportunity Zone designation allows for new construction.
    • Surrounding area experiencing significant new development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Park St Louis Parking Lot

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    St. Louis
    County
    St. Louis City
    State
    Missouri
    Longitude
    -90.192028198912
    Latitude
    38.617612956716

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    FAQs

    What type of property is this?
    Automotive property - 124 Spaces, High-Rise Potential
    Where is this automotive property located?
    The property is located at 800 4Th St St. Louis, MO.
    What is the asking price?
    The asking price for this property is $3,600,000.
    What are key features of this property?
    This property features: High-cash-flow potential as a Cardinals game parking lot.; Opportunity Zone designation allows for new construction.; Surrounding area experiencing significant new development.
    (314) 809-8541
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    800 4Th 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
    800 4Th St St. Louis, MO 63102
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