0 Highway 51 Perryville, MO 63775
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.