5344-5426 Delmar Place Ct
Saint Louis, MO 63112

Each of the lots is zoned E. for multi-family residential and would be ideal for luxury townhomes, which have already been approved by the city of St. Louis. These lots are fully developed with new utility connections for water, sewer, and electric, as well as newer streets and gated access. The surrounding area is currently undergoing a lot of redevelopment activity. There are four brand new townhomes currently under construction within the development.

Similar individual lots without utilities in the surrounding area have sold in the range of $60,000 to $100,000. Potential list prices for the completed townhomes could range from $350,000 to $490,000 depending on size, finishes, and upgrades based on similar-sized townhome sales nearby.