12010 Madrid Ave St, St. Louis, MO 63138
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.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.