- THE OPPORTUNITY - 28.08-acre, 3-parcel contiguous assemblage in unincorporated St. Louis County (63137). One package, one contract, one clean title. A land banker or infill developer play in a metro-adjacent corridor off I-270, minutes from the Mississippi Riverfront Trail and roughly 10-15 miles from downtown St. Louis. - PARCELS - 1.) 11159 Lookaway Dr (Locator 10D-52-0103): 12.33 ac, incl. a 1951 brick home (full teardown) 2.) 11169 Mildred Ave (Locator 10D-24-0382): 9.84 ac (vacant) 3.) 11161 Mildred Ave (Locator 10D-52-0020): 5.91 ac (vacant) - WHY THIS DEAL - 1. Assemblage scarcity: 28 contiguous acres under single control is hard to replicate in an infill metro county. 2. R-2 by-right detached residential across the assemblage (buyer to verify buildable area and yield with St. Louis County DOT and PW); balance bundles in as open-space buffer. 3. Teardown equals clean slate on the Lookaway parcel; gas and electric already to site.
Listing courtesy of Chosen Realty, LLC.
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