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    Highway 51 Perryville, MO 63775

    For Sale
    $980,000

    10 Acres, Highway 51 Frontage, C-2 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 10-acre commercial land parcel presents a prime development opportunity in Perryville, Missouri. Strategically located along the Highway 51 bypass, directly across from a thriving soccer park, this property boasts unparalleled visibility and accessibility. The site is zoned C-2, allowing for a wide range of commercial uses, maximizing investment potential. Existing water and sewer infrastructure along Highway 51 significantly simplifies development, reducing upfront costs and expediting the construction process. The property's location benefits from the area's robust economic growth, with numerous new businesses currently under construction, indicating a strong and expanding market. The 10-acre lot (approximate, to be surveyed by the seller) offers ample space for a variety of commercial projects. The property's APN is 11-6.0-013-000-000-018.02000. This is a rare chance to acquire a highly visible, well-situated commercial land tract in a rapidly growing area. The asking price is $980,000. Don't miss this chance to capitalize on Perryville's thriving commercial sector. The address is N Hwy 51, Perryville, MO 63775.

    Property Features for 0 Highway 51

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • 10‑acre commercial land parcel in Perryville, MO, ideal for development.
    • High‑visibility location on Hwy 51 bypass, across from a soccer park.
    • C‑2 zoning allows diverse commercial uses.
    • Existing water & sewer infrastructure reduces development costs.
    • Located in a rapidly growing area with strong economic activity.
    • APN: 11‑6.0‑013‑000‑000‑018.02000; Address: N Hwy 51, Perryville, MO 63775; Asking price: $980,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Perryville
    County
    Perry
    State
    Missouri
    Longitude
    -89.883374728772
    Latitude
    37.732468495194

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    FAQs

    What type of property is this?
    Land - 10 Acres, Highway 51 Frontage, C-2 Zoning
    Where is this land located?
    The property is located at Highway 51 Perryville, MO.
    What is the asking price?
    The asking price for this property is $980,000.
    What are key features of this property?
    This property features: 10-acre commercial land parcel in Perryville, MO, ideal for development.; High-visibility location on Hwy 51 bypass, across from a soccer park.; C-2 zoning allows diverse commercial uses.
    Request Owner's contact information
    Highway 51 Perryville, MO 63775
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    Highway 51
    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
    Highway 51 Perryville, MO 63775
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