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    OFF-MARKET
    Land

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

    1.04 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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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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