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    4331 Olive St St St. Louis, MO 63108

    For Sale
    $299,000

    Prime St. Louis infill lots, multifamily zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Two exceptional development parcels are available in St. Louis' coveted Central West End neighborhood, located at 4331 Olive Street, zip code 63108. These sites, totaling 5,467 to 14,487 square feet, present a unique infill opportunity for developers seeking to capitalize on the area's high demand for residential housing. The land is priced at $15 per square foot, with an overall asking price of $299,000. Both parcels are zoned for multifamily residential use, offering flexibility for various project types. The flat topography simplifies construction, and the dense, established surroundings provide a desirable context for new development. Buyers have the option of purchasing either parcel individually or both together, providing scalability to suit different development plans. This prime location in the Central West End offers easy access to amenities, transportation, and a vibrant community. The properties are ideal for multifamily residential projects, but could also accommodate single-family homes, depending on the chosen development plan. This is a rare opportunity to acquire land in a highly sought-after St. Louis neighborhood.

    Property Features for 4331 Olive St St

    General Information

    Property type
    Land

    HighLights

    • Two adjacent development parcels totaling 5,467 to 14,487 square feet available in St. Louis' Central West End (63108).
    • Priced at $15/SF, totaling $299,000.
    • Zoned for multifamily residential, with potential for single‑family development.
    • Flat topography simplifies construction.
    • Individual or combined purchase options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    St. Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.250395701743
    Latitude
    38.646176092118

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    FAQs

    What type of property is this?
    Land - Prime St. Louis infill lots, multifamily zoning.
    Where is this land located?
    The property is located at 4331 Olive St St St. Louis, MO.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: Two adjacent development parcels totaling 5,467 to 14,487 square feet available in St. Louis' Central West End (63108).; Priced at $15/SF, totaling $299,000.; Zoned for multifamily residential, with potential for single-family development.
    (314) 588-1900
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    4331 Olive St St St. Louis, MO 63108
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    St. Louis, MO 63108
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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
    4331 Olive St St St. Louis, MO 63108
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