800 4Th StSt. Louis, MO 63102

For Sale
$3,600,000

124 Spaces, High-Rise Potential

Overview

Added:
Dec 11, 2024
Days on market:
92
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.

Highlights

  • High-cash-flow potential as a Cardinals game parking lot.
  • Opportunity Zone designation allows for new construction.
  • Surrounding area experiencing significant new development.

Location Insight

City
St. Louis
County
St. Louis City
State
Missouri
Latitude
38.617612956716
Longitude
-90.192028198912
800 4Th St, St. Louis, Missouri

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800 4Th St
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