Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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