TOP PERFORMING SUBMARKET
• Voted “Best Place to Live” in St. Louis area by Riverfront Times “Best Of” publication
• Recognized as “America’s 100 Best Places to Live”
• “Triple A” Rated Schools
• Among St. Louis’ highest median household income and home values
• Low vacancy and strong rents in all asset classes
HIGH BARRIERS TO ENTRY
• Limited land for new construction
Intelica Commercial Real Estate is pleased to offer for sale a rare ± 2.24 acre redevelopment site in the heart of Webster Groves, MO. Situated on the highly visible corner of E. Lockwood and Plant Avenues, the site offers an unparalleled opportunity for residential, multi-family, senior living, or mixed-use development within walking distance to vibrant downtown Webster and Old Orchard.
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.
