• Asking Price $696,000
  • 5416 DELMAR PLACE CT SAINT LOUIS, MO 63112

  • Vacant Land / Resale (MLS)

Property Details for 5416 DELMAR PLACE CT, SAINT LOUIS, MO 63112

Features

  • Lot Size: 2547

Facts

  • Property ID: 872124616
  • MLS Number: 24018177
  • Parcel Number: 5620-00-0049-0
  • Property Type: Vacant Land
  • County: SAINT LOUIS CITY
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Opportunity to purchase 16 lots in a private gated development in the DeBaliviere Place neighborhood overlooking the mansions on Washington Terrace. The lots are located near the Central West End approximately 5 blocks from Forest Park. Each of the lots is zoned E. for multi-family residential and would be ideal for luxury townhomes, which have already been approved by the city of St. Louis. These lots are fully developed with new utility connections for water, sewer, and electric, as well as newer streets and gated access. The surrounding area is currently undergoing a lot of redevelopment activity. There are four brand new townhomes currently under construction within the development. Similar individual lots without utilities in the surrounding area have sold in the range of $60,000 to $100,000. Potential list prices for the completed townhomes could range from $350,000 to $490,000 depending on size, finishes, and upgrades based on similar-sized townhome sales nearby.

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Property Brokerage: Invest St. Louis 2309 Thurman Saint Louis MO 63110
Copyright © 2024 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.