5354 Delmar Court

Nestled in the heart of St. Louis, this vibrant neighborhood is surrounded by an array of amenities and attractions ideal for appealing to potential land or office investors. Close to the property, the Delmar Loop offers a lively mix of eclectic shops, trendy dining spots, and a thriving arts scene, while Forest Park provides an expansive green space and cultural institutions like the Saint Louis Art Museum and the St. Louis Zoo. With easy access to major thoroughfares, the area is well-connected for convenient commuting. Whether it's the diverse urban atmosphere or the proximity to renowned landmarks, this location presents an enticing opportunity for investors seeking a dynamic and promising commercial real estate venture in St. Louis.Opportunity to purchase 2 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 are 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 new townhomes within the development, with another four in the process of being built. 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.