39 Prop NS-Stabilized Buildings Available for Offers to Purchase by Noon on May 6, 2024
The Prop NS Program currently has 14 new and 25 previously listed but unsold Prop NS-stabilized LRA buildings posted for offers to purchase until noon on Monday, May 6.
The full list of the 39 available buildings, along with information sheets for each of these properties, including the required Prop NS offer form, which bidders will need to complete and submit with their offers, can be found by clicking the button below.
LRA Accepting Appointments for Offers
On September 1, 2023, the Land Reutilization Authority (LRA) will begin accepting appointments to help potential offerors purchase LRA properties. To ensure offers are complete, LRA staff will be available to walk purchasers through the offer process. Contact the LRA Receptionist, Keneicka Harrell at harrellk@stlouis-mo.gov or 314.657.3721 to schedule an appointment.
LRA Releases New Programs & Forms; Begins Accepting Offers on February 15, 2023
The Land Reutilization Authority (LRA) of the City of St. Louis, Mo., which has the authority to manage, maintain, market and sell agency-owned vacant and abandoned buildings and property in the City of St. Louis, recently adopted new sales policies to enhance economic empowerment, equitable and inclusive development and neighborhood transformation in conjunction with the Economic Justice Action Plan.
Click the name of each program for more information. The new programs for the sale of parcels in the LRA inventory are:
New Construction Program - offers to purchase lot(s) for new residential construction of one building
As-Is Building Rehab Program - offers to purchase a single residential building, up to 6 units
Stabilized Building Rehab Program - offers to purchase a single residential or mixed-use building that has received stabilization investment
Development Program - offers to purchase lot(s) and/or building(s) for:
Rehab and/or construction of mixed-use buildings
Rehab and/or construction of multiple residential buildings
Rehab of residentials buildings with more than 6 units
And/or commercial projects
General Lot Purchase Program - offers to purchase lots without buildings for any use not captured in disposition policies (e.g. parking, infrastructure)
Side Lot Program - to sell non-buildable lots identified by LRA to eligible purchasers at a sale price of $100
In light of these new policies, the previously approved Mow-to-Own and Garden Lease policies are now obsolete and have been discontinued. LRA staff is in conversation with partners and will fully engage with community over the summer to evaluate other Green Re-Use opportunities. Staff plans to bring new products to the LRA commission for consideration and adoption by the end of the year.
Education Session
LRA held an educational session to ensure offerors understand the new forms and processes before submitting bids, and know how to complete a successful offer under the new process. We encourage offerors to take time to educate themselves by watching the recording of the session.
New Forms
Use the link below to access new offer submission forms.
Search for LRA-Owned Property
Use the land bank search tool and find real estate owned by the Land Reutilization Authority (LRA) and available for sale.
Property Classifications
(A) Suitable for Private Use
(B) Suitable for Use by a Public Agency
(C) Not Usable in Present Condition or Situation & Held as Public Land Reserve
Submit Offers
At this time, offers must be submitted in-person to:
St. Louis Development Corporation | Land Reutilization Authority (LRA)
1520 Market St., Suite 221
St. Louis, MO 63103
The office is open Monday - Friday from 8:30 A.M. - 4:30 P.M.
For information on LRA-owned properties or questions about how to purchase properties call 314.657.3721.