1400 Kingshighway St Perryville, MO 63775
This exceptional 26.16-acre parcel, located at 1400 S. Kingshighway St in Perryville, Missouri (zip code 63775), presents a unique investment opportunity. Situated within Perryville city limits, this property offers significant development potential. The land is zoned R5, allowing for a variety of uses including residential, multi-family dwellings, and nursing homes. Additionally, C-2 zoning is attainable with a special use permit, expanding the range of permissible commercial activities. The gentle topography of the site simplifies development, while the availability of essential utilities—sewer, water, and gas—further enhances its appeal. This expansive lot provides ample space for a large-scale project, making it an attractive proposition for developers and investors seeking a strategic location in a growing Missouri community. The property's address is precisely 1400 S. Kingshighway St, within St. Charles County. The asking price for this significant land holding is $955,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.