Maryland Heights LOT - Ready to Build - Asking $35k OBO

📍 119 Franke Ave, Maryland Heights, MO 63043
Builder Opportunity – Tear-Down / Rebuild Lot in Prime Maryland Heights
Ideal for small builders or infill developers — this property sits on a large 0.32-acre lot in a high-demand pocket of Maryland Heights (Pattonville Schools) where new homes are commanding $400K+. The existing structure is gutted and partially collapsed, but the City has confirmed you can reuse the existing foundation footprint, saving both time and money.
 
Photo Link: https://drive.google.com/drive/folders/1NXGlyJnJdCaIpgTYOrrHcF1A_fxc6gJi
 
🏗️ Site Details
Lot Size: 0.3194 acres | 13,913 sq ft
Frontage: 55 ft Depth: 253 ft
Land Use: Single-Family Residential
Existing Foundation: 7-ft brick (partial wall gave way; partial collapse)
Utilities: Existing service available on site
Current Condition: Gutted, framed partially, new roof installed before project halted
 
New Construction Comp:
 📍 10 Cumberland Ave, Maryland Heights, MO — Sold for $418,000 (3 BD / 3 BA)
Target Exit (ARV): $400K – $425K+
Zoning: SFR — confirmed buildable lot per city
 
🔨 Why Builders Like It
City-approved foundation reuse = reduced permitting time & cost
High resale values and rapid new-build absorption in the area
Flat, deep lot with flexible design options
Utilities already on site (currently septic sewer)
📢 Off-market, as-is sale. Excellent entry for a small-scale builder looking to turn dirt quickly in a proven resale area.
 
FastTrack Properties – Licensed in Missouri with Magnolia Real Estate