5402 Delmar Court

Just minutes from the property, investors will discover an ideal blend of cultural and commercial attractions in the renowned St. Louis area. The vibrant Delmar Loop, with its array of dining, entertainment, and shopping options, is a prominent focal point. Additionally, the area boasts proximity to esteemed institutions such as the St. Louis Art Museum and the historic Forest Park, providing a stimulating environment for professionals and visitors alike. With prestigious universities and major corporate headquarters in close proximity, this flourishing neighborhood presents an exceptional opportunity for strategic commercial development and investment. Whether considering land or office investments, the location offers a compelling blend of convenience and cultural richness for discerning investors.Opportunity to purchase 4 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.