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    FOR SALE
    Parking lots & garages

    830 Princess Ave, Des Peres, MO 63131

    0.8 ac lot
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US48-0590943
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    FRONTENAC RACQUET CLUB INC
    FRONTENAC RACQUET CLUB INC
    Zoning & alternative use
    25C · Saint Louis, MO
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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