Property profile

1234 1St St St. Louis, MO 63102

OFF-MARKET
Land
0.64 ac lot
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Property summary

AI-generated overview

This exceptional 0.642-acre commercial land parcel, located at 1234 N 1st Street in St. Louis, Missouri, presents a unique investment opportunity. Priced at $400,000, this property boasts a land value of $14.31 per square foot. The site is zoned for commercial use, providing flexibility for a variety of development projects. Its strategic location in the N. Laclede's Landing area offers unparalleled access to thriving businesses and significant foot traffic. The property's proximity to key attractions further enhances its appeal. Specifically, it's situated just two blocks from the renowned Horseshoe Casino and the luxurious Four Seasons Hotel, ensuring high visibility and potential for strong returns. An adjacent warehouse is also available, presenting potential for synergistic development or expansion. The property's address is 1234 N 1st St, St. Louis, MO 63102. This prime location, combined with its commercial zoning and attractive price point, makes this an exceptional opportunity for discerning investors seeking a foothold in a vibrant and rapidly developing area of St. Louis.

Property profile

Verified
Property type Land
Lot 0.64 ac (27,966 SF)

Cap rate & NOI

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

Location

1234 1St St St. Louis, MO 63102
St. Louis metro
Google Maps

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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