Property profile

1047 Coal Bank Rd St St. Louis, MO 63138

OFF-MARKET
Land
1.04 ac lot
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Property summary

AI-generated overview

This exceptional 1.04-acre lot presents a unique investment opportunity in the desirable Spanish Lake area of St. Louis County, Missouri. Located at 1047 Coal Bank Rd, St. Louis, MO 63138 (APN: 09D130234), this privately owned property boasts versatile R3 zoning, permitting both residential and commercial development. The almost entirely cleared lot offers a blank canvas for a variety of projects. Imagine building a single-family home, mirroring the existing residential character of the East and West sides of the street, or capitalizing on the commercial potential suggested by neighboring businesses. Alternatively, this property could be a sound long-term investment, benefiting from the anticipated appreciation in North County real estate values. The peaceful wooded areas bordering the North and East sides of the property provide a tranquil setting. The asking price for this exceptional parcel is $39,000. This is a rare chance to acquire a sizable, mixed-use lot in a thriving St. Louis County location. Don't miss this opportunity to shape the future of this prime real estate.

Property profile

Verified
Property type Land
Lot 1.04 ac (45,302 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1047 Coal Bank Rd St St. Louis, MO 63138
St. Louis metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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