Current Use by Public Records
- Land
Property Details for I-170 & Delmar Blvd St
- Property type
- Land
Description
This exceptional 35,000 square foot commercial land parcel is strategically located at the intersection of I-170 and Delmar Boulevard in Olivette, Missouri, zip code 63132. The property boasts unparalleled visibility and accessibility due to its high-traffic location, with 129,438 vehicles per day traversing I-170. This presents a unique opportunity for developers seeking a prime location within a thriving community. The site is adjacent to the upscale Gatesworth Retirement Community, a significant draw with 500 residents, 500 employees, and 100 daily visitors. This proximity ensures high foot traffic and potential customer base. Furthermore, the property benefits from its close proximity to the vibrant Delmar Loop, Forest Park, the Clayton Business District, and the St. Louis Galleria, offering convenient access to a wide range of amenities and services. The surrounding area is densely populated with high barriers to entry for new development, making this a rare and valuable opportunity. Construction is slated to begin in the fall of 2021, and this is the only commercial opportunity within the project, which includes 265 upscale apartments in Lot 1. The area has seen significant recent investment, including major projects at Washington University, COCA, and The Everly, demonstrating a strong commitment to growth and development. This site offers an exceptional investment opportunity in a dynamic and rapidly growing area of St. Louis County.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Olivette
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.3795
- Latitude
- 38.6786
