6313-6317 Martin Luther King Dr

6313 Martin Luther King Dr Saint Louis, MO 63133

FOR SALE Incentives
Property Type:
Other Land
Amount:
$749,000
Last Verified:
May 19, 2017


Description

This piece of land, measuring 1.25 acres, is prime and ready for commercial development. Located on the corner of the major thoroughfares Klenlen Ave. and Martin Luther King Dr., this site offers excellent visibility and ingress to over 30,000 vehicles that frequent the area daily. Positioned just 2 miles south of I-70 and east of I-170, this property provides optimal accessibility.

Located on the corner of major thoroughfares Kienlen Avenue and Martin Luther King Drive.

Lot Size: 1.25 acres

Map of 6313 Martin Luther King Dr, Saint Louis, MO, 63133

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.