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Property profile & analytics
OFF-MARKET
Commercial real estate

Redbud Ct Perryville, MO 63775

5.61 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 5.61 ac (244,372 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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