800 4Th StSt. Louis, MO 63102

  • Industrial properties
  • 1,360 SF
For Sale
$3,600,000 View listing

Property Details for 800 4Th St

Year built
1890
Construction
BRICK
Lot size
0.69 AC
Property size (Sq ft)
1,360 SF
Zone code
L
Property type
Industrial properties
APN
007500-00250
APU
750000250

Description

Exceptional investment opportunity: a 38,246 sq ft parking lot with 124 spaces, ideally situated near St. Louis Cardinals Stadium at 800 & 818 S 4th St, St. Louis, MO 63102. Recently repaved and re-lit, this property currently generates income from game-day parking. Its location within an Opportunity Zone presents significant potential for future development, such as a high-rise building, capitalizing on the surrounding growth and new construction. The asking price is $3,600,000. This property offers a unique dual opportunity: continued cash flow from existing parking operations or redevelopment into a high-value asset. The property's prime location and Opportunity Zone status combine to create a compelling investment prospect with substantial upside potential. The lot's size and existing infrastructure provide a solid foundation for either continued operation as a parking facility or a transformative development project.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $379,779
    Hospitality
    $347,876
    Educational
    $289,428
    Medical
    $299,382
    Retail
    $450,222
800 4Th St, St. Louis, Missouri

Location Insight

City
Saint Louis
County
Saint Louis City
State
Missouri
Latitude
38.618
Longitude
-90.1918
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,790
$90,300
$22,100
$112,400
-
$282,200
$69,000
$351,200

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