1047 Coal Bank Rd St, St. Louis, MO 63138
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.
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.