Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1308 Brenda Ave Perryville, MO 63775-2303

    • Office properties & Spaces
    • 2,860 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-2809008
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Edward Jones - Financial Advisor: Chris Mudd / Financial Advisor

    Property Details for 1308 Brenda Ave

    Year built
    2002
    Property size
    2,860 SF
    Property type
    Office properties & Spaces
    APN
    11-6.0-024-003-003-032.02000
    APU
    9223372036854775807

    Description

    This exceptional Class A office space, located at 1308 Brenda Ave, Perryville, MO 63775, offers a prime opportunity for businesses seeking a professional environment. The property, known as Professional Plaza, comprises three buildings and features a total of 2,600 square feet of office space, divisible into units as small as 1,300 square feet. Currently, 1,300 square feet of unfinished space is available in Suite 2, ready for tenant build-out. The location is highly convenient, situated just off Highway 51/Perryville Blvd and minutes from Interstate 55, ensuring easy access for clients and employees. The property boasts ample off-street parking and prominent backlit monument signage along Perryville Blvd, providing excellent visibility. Each professional tenant enjoys exclusivity within the building. In addition to the available suite, a vacant land build-to-suit opportunity is available at 1310 Brenda Ave for those seeking a custom-built space. The building does not have elevators. This is a multi-tenant building with two total suites. The property is ideal for a variety of professional uses, including traditional office, executive office, and medical office settings. Contact us today to learn more about this exceptional opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Perryville
    County
    Perry
    State
    Missouri
    Longitude
    -89.8849
    Latitude
    37.7201

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,282
    $10,368
    $42,228
    $52,596
    -
    $32,400
    $131,962
    $164,362

    Comparable in this City

    • Value Estimation by Request
      280 SF

      8017 Wind Dr

      OFFICE (GENERAL) • 280 SF
      8017 Wind Dr, Perryville, MO 63775
      View Details
    • Value Estimation by Request
      144 SF

      3146 Hwy 51

      OFFICE (GENERAL) • 144 SF
      3146 Hwy 51, Perryville, MO 63775-7153
      View Details
    • Value Estimation by Request
      1,776 SF

      11 Saint Joseph St

      OFFICE (GENERAL) • 1,776 SF
      11 Saint Joseph St, Perryville, MO 63775-1344
      View Details
    • Value Estimation by Request
      2,836 SF

      11 Main St

      OFFICE (GENERAL) • 2,836 SF
      11 Main St, Perryville, MO 63775-1337
      View Details
    • Value Estimation by Request
      264 SF

      1304 Lucy 1217th 1215th 1219th N Moulton St

      OFFICE (GENERAL) • 264 SF
      1304 Lucy 1217th 1215th 1219th N Moulton St, Perryville, MO 63775
      View Details
    • Value Estimation by Request
      1,920 SF

      107 Sainte Marie St

      OFFICE (GENERAL) • 1,920 SF
      107 Sainte Marie St, Perryville, MO 63775-2028
      View Details

    Similar Nearby for Sale

    • $972,000
      1,092 SF

      Prime Commercial Development Opportunity

      0.94 acre commercial land with high traffic location.
      1324 W Saint Joseph St, Perryville, MO 63775
      View Details
    • New
      $300,000
      4,040 SF

      Downtown Perryville Commercial Building

      Mixed-use commercial building with income potential in downtown Perryville.
      19 S Jackson St, Perryville, MO 63775
      View Details
    • $350,000

      Perryville Commercial Property For Sale

      Flexible commercial property with shop and office in high-traffic location.
      1205 S Kingshighway St, Perryville, MO 63775
      View Details
    • New
      $377,520
      19.36 Acres

      Perryville Land with Pond

      19.36 acres with pond, well, and electric access.
      467 Pcr 704, Perryville, MO 63775
      View Details
    • $649,900
      17.38 Acres

      Prime Perryville Commercial Land

      17 Acres, Highway 55 Visibility
      1100 Cinque Hommes Dr, Perryville, MO 63775
      View Details
    • $184,900
      3.70 Acres

      Prime Perryville Commercial Land

      3.7 Acres, Highway 51 Frontage
      0 State Hwy 51, Perryville, MO 63775
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr
      9,714 SF

      Perryville Retail Space Available

      Prime Perryville restaurant/retail space.
      2015-2021 Jefferson St, Perryville, MO 63775
      View Details
    • Contact for pricing
      1,332 SF

      Retail Space in Walmart Center

      High-profile retail endcap in shadow-anchored shopping center for lease.
      2015 Jefferson St, Perryville, MO 63775
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1308 Brenda Ave
    Perryville, MO 63775-2303
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!