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    P State Hwy Perryville, MO 63775

    For Sale
    $143,900

    2.39 Acres, Hwy 51, $143,900

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 2.39-acre commercial land parcel is ideally situated on State Highway 51 in the north end of Perryville, Missouri, offering unparalleled visibility and accessibility. The property boasts excellent traffic counts, making it a highly desirable location for a variety of commercial ventures. Its corner lot position provides ample space and exposure. While currently outside city limits, the proximity to city utilities simplifies annexation, offering immediate access to essential services. The location is advantageous, being close to established industrial businesses, making it particularly suitable for businesses seeking synergy with existing industry. This versatile tract presents a unique opportunity for developers and entrepreneurs seeking a prime location for a convenience store, light industrial facility, or other commercial use. The asking price of $143,900 represents a compelling investment opportunity in a thriving Missouri community. The property's size and location make it an attractive prospect for businesses seeking high visibility and convenient access to major transportation routes. The land is ready for immediate development, presenting a streamlined path to realizing your commercial vision. The zip code is 63775, and the property is located in Perry County.

    Property Features for P State Hwy

    General Information

    Property type
    Land

    HighLights

    • 2.39‑acre commercial land parcel.
    • Suitable for various commercial uses, including convenience stores and light industrial facilities.
    • Corner lot in north Perryville, offering high visibility and accessibility.
    • City utilities readily available for annexation.
    • High traffic counts ensure excellent visibility and accessibility.
    • Proximity to established industrial businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Perryville
    County
    Perry
    State
    Missouri
    Longitude
    -89.7866353
    Latitude
    37.7336813

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    FAQs

    What type of property is this?
    Land - 2.39 Acres, Hwy 51, $143,900
    Where is this land located?
    The property is located at P State Hwy Perryville, MO.
    What is the asking price?
    The asking price for this property is $143,900.
    What are key features of this property?
    This property features: 2.39-acre commercial land parcel.; Suitable for various commercial uses, including convenience stores and light industrial facilities.; Corner lot in north Perryville, offering high visibility and accessibility.
    Request Owner's contact information
    P State Hwy Perryville, MO 63775
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    Perryville, MO 63775
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    P State Hwy Perryville, MO 63775
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