Property Details for Redbud Ct

Lot size

5.61 lot acres

Property type

Commercial real estate

Description

This exceptional 5.61-acre commercial property in Perryville, Missouri, presents a unique investment opportunity. The land is part of an established subdivision, complete with existing infrastructure including utilities, sidewalks, street lights, and paved streets, all governed by established restrictions. Fifteen lots are available and already platted, ready for immediate development. This represents a significant advantage, eliminating the considerable time and expense associated with land preparation. Four homes have already been successfully built and sold within the subdivision, demonstrating existing market demand and the viability of the project. The property's location within Perry County benefits from a high demand for housing, making this a particularly attractive proposition for developers seeking to capitalize on this need. The remaining lots can be developed individually or as a larger-scale project. The unique position of this subdivision as the only one currently offering lots in the area further enhances its potential for rapid growth and high return on investment. Interested parties are encouraged to contact the Perryville Economic Development Authority (EDA) office for further information regarding the Perryville Housing Reimbursement Program, which may offer additional incentives. This is a rare opportunity to acquire a fully serviced, ready-to-develop commercial land parcel in a thriving market.

Location Insight

City

Perryville

County

Perry

State

Missouri

Longitude

-89.8134

Latitude

37.602