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    OFF-MARKET
    Land

    12010 Madrid Ave St, St. Louis, MO 63138

    0.43 ac lot
    Property ID
    Property summary
    AI-generated overview

    This 0.43-acre commercial lot in St. Louis, Missouri, presents a unique investment opportunity. Located at 12010 Madrid Ave, St. Louis County, zip code 63138, this property (APN 08D121026) is zoned R-4 Residential, allowing for mixed-use or commercial development. Its prime location directly across from Larimore Elementary School makes it attractive for both residential and commercial ventures. The versatility of the zoning allows for various development options, including single-family homes with ample backyards, multi-family dwellings to cater to renters, or even the potential for two single-family homes on the lot. The property benefits from its proximity to Spanish Lake Park, offering residents access to outdoor recreation, walking trails, and scenic lake views. Furthermore, the historic Fort Belle Fontaine is just two miles away, adding to the area's historical charm. The significant upcoming expansion of the St. Louis Zoo, a $230 million, 425-acre project slated for 2027, is located nearby, promising future growth potential. The lot is also adjacent to other commercial buildings, further enhancing its desirability. The asking price for this exceptional property is $12,000. This presents a rare chance to capitalize on the diverse development possibilities and prime location of this St. Louis commercial lot.

    Property profile
    Verified
    Property type Land
    Lot 0.43 ac (18,731 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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