Property profile

830 Princess Ave Des Peres, MO 63131

FOR SALE
Parking lots & garages
Property ID
US48-0590943
0.8 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 3.4-acre commercial land parcel presents a unique investment opportunity in the highly desirable Des Peres, Missouri area. Located at 830 & 900 Princess Avenue, 814 President Avenue, and 815 Dwyer Avenue, this prime undeveloped land offers significant potential for various commercial ventures. The property boasts convenient access to major thoroughfares, including Lindbergh Boulevard, which sees a high volume of daily traffic (27,469 vehicles per day), and is situated near the signal-controlled intersection of Lindbergh and German Boulevard. Its strategic location places it within close proximity to a variety of established retail and restaurant businesses, including The Shack and Grassi's Restaurant, ensuring high visibility and accessibility for potential developments. The asking price for this expansive parcel is $1,500,000, translating to approximately $10 per acre. This represents a compelling value proposition for developers seeking a prime location in a thriving community. The property's zoning and potential uses should be verified independently. This is an exceptional opportunity to acquire a significant land holding in a highly sought-after area of St. Louis County, Missouri, with excellent potential for future growth and development. The property is zoned for commercial use within the city of Des Peres, zip code 63131.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Lot 0.8 ac (35,000 SF)
Zoning code 25C
APN 19M-4-1-105-3
UPID US48-0590943

Cap rate & NOI

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

Location

830 Princess Ave Des Peres, MO 63131
Des Peres metro Census 215302 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

Zoning & alternative use

25C · Saint Louis, MO

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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