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923 Locust St - Developable Land - Downtown Saint Louis 0.06 Acres of Commercial Land Offered at $249,500 in Saint Louis, MO 63101
INVESTMENT HIGHLIGHTS
- 2660 SF CBD Commercial Lot
- Level-Graveled Lot
- 10-Minute Walk to All St. Louis Attractions
- Located in the "Heart" of Downtown St. Louis
- Leased to a Nonprofit until 5/31/2026-Early Termination Available
EXECUTIVE SUMMARY
2660 SF Corner Commercial Lot, located in the highly sought-after Downtown St. Louis Central Business District. This vacant Commercial Lot, currently utilized as a Pocket Park, is conveniently located near the Convention Center and Major Hotels. Centrally located in Downtown St. Louis, only a 10-minute walk to all major attractions, an area with 8,670 residents and 29,963 employees. This versatile lot is suitable for various uses, from private Downtown St. Louis Parking to a site for Food Trucks, offering endless possibilities in the St. Louis CBD. The lease on the property with a non-profit expires in 2026, but can be terminated earlier if needed.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Gross Rental Income |
$1
|
$16.37
|
| Other Income |
$3,158
|
$51,685.76
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$3,159
|
$51,702.13
|
| Taxes |
$3,158
|
$51,685.76
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$3,158
|
$51,685.76
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $1 |
| Annual Per AC | $16.37 |
| Other Income | |
|---|---|
| Annual | $3,158 |
| Annual Per AC | $51,685.76 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $3,159 |
| Annual Per AC | $51,702.13 |
| Taxes | |
|---|---|
| Annual | $3,158 |
| Annual Per AC | $51,685.76 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $3,158 |
| Annual Per AC | $51,685.76 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
PROPERTY FACTS
| Price | $249,500 | Proposed Use | Open Space |
| Sale Type | Investment or Owner User | Total Lot Size | 0.06 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | I-CBD - Most non-manufacturing uses are approved | ||
| Price | $249,500 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Open Space |
| Total Lot Size | 0.06 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
| Zoning | I-CBD - Most non-manufacturing uses are approved |
1 LOT AVAILABLE
Lot
| Price | $249,500 | Lot Size | 0.06 AC |
| Price Per AC | $4,085,810.20 |
| Price | $249,500 |
| Price Per AC | $4,085,810.20 |
| Lot Size | 0.06 AC |
Level Commercial Corner Lot located in the St. Louis CBD at the intersection of 10th St and Locust St. The Lot is currently leased to a nonprofit for $1.00 NNN, which operates it as a pocket park.
1 1
Walk Score®
Walker's Paradise (95)
PROPERTY TAXES
| Parcel Number | 0272-00-0080-0 | Total Assessment | $27,200 (2025) |
| Land Assessment | $27,200 (2025) | Annual Taxes | $3,158 |
| Improvements Assessment | $0 (2025) | Tax Year | 2024 Payable 2024 |
PROPERTY TAXES
Parcel Number
0272-00-0080-0
Land Assessment
$27,200 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$27,200 (2025)
Annual Taxes
$3,158
Tax Year
2024 Payable 2024
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923 Locust St - Developable Land - Downtown Saint Louis
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