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    53 Mo-51 Perryville, MO 63775

    For Sale
    $1,199,000

    23.86 Acres, Prime Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 23.86-acre commercial land parcel presents a unique investment opportunity in the thriving Perryville, Missouri area. Located at 53 MO-51, Perry County, zip code 63775, this corner lot boasts excellent traffic visibility and is ideally suited for a variety of commercial developments. The property is currently outside city limits, offering potential cost savings, yet benefits from the proximity of all city utilities, making annexation a straightforward process. Its strategic location near established industrial businesses further enhances its appeal. The asking price for this expansive tract is $1,199,000. This prime location offers significant potential for growth and return on investment. The property's size and accessibility make it an attractive option for businesses seeking a prominent presence in a rapidly developing area. The readily available city utilities simplify development plans, minimizing upfront infrastructure costs. Don't miss this chance to acquire a substantial commercial land holding in a dynamic Missouri market. Serious inquiries are encouraged.

    Property Features for 53 Mo-51

    General Information

    Property type
    Land
    Lot Size
    1,039,342 SF

    HighLights

    • 23.86‑acre commercial land parcel
    • Suitable for various commercial uses
    • Corner lot in Perryville, MO's growing area
    • City utilities readily available
    • Excellent traffic 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
    -89.864080958495
    Latitude
    37.746607328554

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    FAQs

    What type of property is this?
    Land - 23.86 Acres, Prime Development Site
    Where is this land located?
    The property is located at 53 Mo-51 Perryville, MO.
    What is the asking price?
    The asking price for this property is $1,199,000.
    What are key features of this property?
    This property features: 23.86-acre commercial land parcel; Suitable for various commercial uses; Corner lot in Perryville, MO's growing area
    Request Owner's contact information
    53 Mo-51 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
    53 Mo-51 Perryville, MO 63775
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