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Property profile & analytics
FOR SALE
Turn key restaurants

1324 W Saint Joseph St Perryville, MO 63775

260 SF Built 1960
Entity Owned Free & Clear
Property ID
US48-2705941
Property summary
AI-generated overview

This exceptional 0.94-acre commercial property in Perryville, Missouri, presents a unique opportunity for investors and developers. Located at 1324 W Saint Joseph Street, this C-2 zoned lot boasts 180 feet of road frontage and offers unparalleled accessibility to Interstate 55 and Perryville's bustling downtown area. Its strategic location within a high-traffic zone makes it ideal for a diverse range of commercial ventures, including restaurants, offices, or retail establishments. The site benefits from its proximity to established businesses such as Walgreens, Scooter's Coffee, Midwest Total Urgent Care, and Perryville Tire, ensuring high visibility and convenient access for potential customers. Significant value-added site improvements have already been completed, eliminating the need for extensive pre-development work and ensuring a smooth transition for any build-to-suit or custom project. The property features appropriate ingress and egress access, further enhancing its practicality and appeal. While currently occupied, the existing business will remain operational for one year following the sale, providing a potential income stream during the transition period. This is a rare opportunity to acquire a fully prepared commercial site in a thriving Missouri community. The asking price is $747,000.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1960
Total area 260 SF
APN 11-6.0-024-002-010-008.00000
UPID US48-2705941
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
WELKER, KENNETH L & TAMMIE M TRUST 091819
WELKER, KENNETH L & TAMMIE M TRUST 091819
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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