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    Highway 51 Perryville, MO 63775

    For Sale
    $540,330

    Prime Perryville, MO commercial acreage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 5.81-acre commercial land parcel is strategically located on Highway 51 in Perryville, Missouri, offering unparalleled visibility and accessibility. The property boasts a convenient MODOT entrance and significant road frontage, ensuring high traffic exposure for any business. Zoned C-2, this versatile land allows for a wide range of commercial uses, including office buildings, retail spaces, service centers, restaurants, hotels, and even multi-family residential developments. The rapidly growing area presents a unique investment opportunity, with numerous new businesses currently under construction. The property's size also presents the potential for subdivision and the sale of smaller tracts, maximizing investment returns. The asking price is $540,330, and the property's APN is 11-6.0-013-004-008-010.01000. This prime location in Perry County, with its zip code 63775, offers a compelling combination of high visibility, convenient access, and flexible zoning, making it an ideal choice for developers and investors seeking a thriving commercial location in a dynamic market. The property's latitude and longitude coordinates are 37.7271439 and -89.88398 respectively.

    Property Features for 0 Highway 51

    General Information

    Property type
    Land
    Lot Size
    253,084 SF

    HighLights

    • 5.81‑acre commercial land parcel in Perryville, MO, on Highway 51.
    • High visibility and accessibility with MODOT entrance and significant road frontage.
    • C‑2 zoning allows for diverse commercial uses, including office, retail, and multi‑family.
    • Rapidly growing area with high investment potential; subdivision potential.
    • Asking price: $540,330; APN: 11‑6.0‑013‑004‑008‑010.01000; Zip code: 63775.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Perryville
    County
    PERRY
    State
    Missouri
    Longitude
    -89.88398
    Latitude
    37.7271439

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    FAQs

    What type of property is this?
    Land - Prime Perryville, MO commercial acreage.
    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 $540,330.
    What are key features of this property?
    This property features: 5.81-acre commercial land parcel in Perryville, MO, on Highway 51.; High visibility and accessibility with MODOT entrance and significant road frontage.; C-2 zoning allows for diverse commercial uses, including office, retail, and multi-family.
    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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