One of the last undeveloped parcels along Olive Blvd west of highway 141. This neighborhood has experienced a large influx of people over the last couple of decades, and has become a very desirable part of town for people to live, work, dine, etc. The site is a combination of 4 parcels and a total of +/- 1.5 Acres. Whether you are a home builder/developer or a CRE investor the site has multiple possibilities. The site is currently zoned R-2 (Residential), however it can be rezoned for commercial use & could be a fantastic storefront retail, mixed-use and/or office development that would capitalize on the Olive Blvd visibility & high traffic counts. At this specific location approximately 12,000 cars pass here a day & +/- 28,000 just a mile or two West on Olive. Please reach out for additional details, we'd love to share information on market rents for commercial property in the area along with forecasting what a development would look like.
MLS# | 24043647 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active |
Days On Site | 196 |
Listing Provided By | Salient Realty Group, LLC | Tyler Alms |
Zoning | R-2 |
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Acreage | 1.50 |
State | MO |
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County | St Louis |
City | Chesterfield |
Zip Code | 63017 |
Area | Parkway Central |
Community Name | Missouri Steven Estate Lt Pt 7 Share 5 |
School District | Parkway Central High |
Elementary School | River Bend Elem. |
Middle School | Central Middle |
High School | Parkway Central High |
Listing VS Median (in Missouri Steven Estate Lt Pt 7 Share 5) | |
Price: $725,000 low | high Med: $0 On Site: 196 low | high Med: |