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    Redbud Ln Perryville, MO 63775

    For Sale
    $611,500

    Prime Residential Land, Ready to Build

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 5.61-acre parcel is located in the established Redbud Court subdivision in Perryville, Missouri (zip code 63775). The property is part of a thriving community with existing infrastructure including utilities, sidewalks, street lights, and paved streets. All lots are platted, and this particular lot presents a unique opportunity for residential development. The subdivision already boasts four completed homes, demonstrating strong market demand. With sixteen lots remaining, this land offers the potential for immediate development or individual lot sales. The location is easily accessible, situated west of St. Joseph on Sycamore Road. The subdivision's established infrastructure and the high demand for housing in Perry County contribute to its significant investment potential. Buyers can explore the Perryville Housing Reimbursement Program for additional details regarding potential financial incentives. This is a rare opportunity to capitalize on the growing residential market in a well-planned and desirable community. The property's size and location make it ideal for building a single large home or developing multiple residential lots. Don't miss this chance to acquire a piece of Perryville's thriving real estate landscape.

    Property Features for 0 Redbud Ln

    General Information

    Property type
    Land
    Lot Size
    244,372 SF

    HighLights

    • $611,500 asking price.
    • 5.61‑acre residential land parcel.
    • Located in Perryville, MO, zip code 63775.
    • Part of an established subdivision with utilities, sidewalks, streetlights, and restrictions.
    • 16 platted lots remaining.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Perryville
    County
    PERRY
    State
    Missouri
    Longitude
    -89.8876713
    Latitude
    37.7302884

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    FAQs

    What type of property is this?
    Land - Prime Residential Land, Ready to Build
    Where is this land located?
    The property is located at Redbud Ln Perryville, MO.
    What is the asking price?
    The asking price for this property is $611,500.
    What are key features of this property?
    This property features: $611,500 asking price.; 5.61-acre residential land parcel.; Located in Perryville, MO, zip code 63775.
    Request Owner's contact information
    Redbud Ln 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
    Redbud Ln Perryville, MO 63775
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