Sign Up Successful!
You now have access to more from Realmo!
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

    6 Perryville Blvd Perryville, MO 63775-1267

    • Investment properties
    • 10,416 SF
    • 2.70 lot acres
    OFF-MARKET
    Value Estimations
    $995,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US48-2678634
    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

    • Walgreens Photo / (Bike/Boat/Book/etc) Store
    • Walgreens Pharmacy / Pharmacy
    • Walgreens / Pharmacy
    • FedEx OnSite / Postal Service / Courier Service
    • Enterprise Bank & Trust ATM / Atm

    Property Details for 6 Perryville Blvd

    Year built
    2007
    Lot size
    2.70 lot acres
    Property size
    10,416 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    11-6.0-024-002-005-008.04000
    APU
    9223372036854775807

    Description

    This exceptional investment opportunity presents a 10,445-square-foot, Class B retail property currently leased to a credit-rated tenant under an absolute triple-net (NNN) lease. Located at 6 S Perryville Blvd, Perryville, MO 63775, this single-tenant property boasts a prominent hard-corner location with excellent visibility and access at the intersection of Perryville Rd & St Joseph St, experiencing 24,700 vehicles per day. The lease, commencing October 8, 2007, and expiring October 31, 2032, offers a substantial remaining term of approximately 8 years. The property features 65 parking spaces and sits on a 2.69-acre lot. Built in 2007, the property generates a strong net operating income (NOI) of $252,000, resulting in an attractive 8.65% cap rate. The asking price is $2,913,000. Benefiting from its proximity to significant population centers, including St. Vincent High School (approximately 600 students), Perryville High School (approximately 750 students), Perry County Memorial Hospital (25 beds), and a large industrial park employing approximately 1,500 people, this property offers a compelling combination of strong tenant credit, long-term lease stability, and a desirable location. The property includes a drive-thru. No rent bumps are scheduled during the lease term. The lease includes ten, five-year options.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,500,000
      Current use
      AUTO REPAIR, GARAGE
      $1,335,000
      Change: -11% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Perryville
    County
    Perry
    State
    Missouri
    Longitude
    -89.885
    Latitude
    37.7264

    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
    $26,037
    $55,780
    $361,468
    $417,248
    -
    $174,312
    $1,129,587
    $1,303,899

    Comparable in this City

    • Value Estimation
      $2,320,000
      45,400 SF

      1011 Perryville Blvd

      STORE/OFFICE (MIXED USE) • 45,400 SF
      1011 Perryville Blvd, Perryville, MO 63775-2868
      View Details
    • Value Estimation
      $4,875,000
      109,538 SF

      1750 Perryville Blvd

      STORE/OFFICE (MIXED USE) • 109,538 SF
      1750 Perryville Blvd, Perryville, MO 63775-6156
      View Details
    • Value Estimation
      $725,000
      13,952 SF

      628 Old Saint Marys Rd

      STORE/OFFICE (MIXED USE) • 13,952 SF
      628 Old Saint Marys Rd, Perryville, MO 63775-1837
      View Details
    • Value Estimation by Request
      6,854 SF

      875 Pcr 500

      Office Properties & Spaces • 6,854 SF
      875 Pcr 500, Perryville, MO 63775
      View Details
    • Value Estimation by Request
      26.16 Acres

      1400 Kingshighway St

      Land • 26.16 Acres
      1400 Kingshighway St, Perryville, MO 63775
      View Details
    • Value Estimation by Request
      3.70 Acres

      51 State Hwy

      Land • 3.70 Acres
      51 State Hwy, Perryville, MO 63775
      View Details

    Similar Nearby for Sale

    • $3,030,000
      20,600 SF

      Mixed-Use Property in Downtown Perryville

      Multi-tenant property with residential and commercial units in downtown Perryville.
      104-110 N Jackson St, Perryville, MO 63775
      View Details
    • $325,000
      0.23 Acres

      Downtown Perryville Commercial Building

      Mixed-use commercial building with income potential in downtown Perryville, MO.
      19 S Jackson St, Perryville, MO 63775
      View Details
    • $179,000
      1,248 SF

      Downtown Perryville Mixed-Use Property

      Versatile commercial space with income-generating Airbnb in thriving downtown.
      115 N Jackson St, Perryville, MO 63775
      View Details
    • $607,464
      9.36 Acres

      Commercial Land with High Visibility

      9.36 acres of commercial land with development potential.
      1 Perryville Blvd, Perryville, MO 63775
      View Details
    • $30,000
      0.36 Acres

      Wooded Lot Near Lake Perry

      0.361 acre wooded lot near Lake Perry amenities.
      2084 Sheltered Way, Perryville, MO 63775
      View Details
    • $540,330
      5.81 Acres

      Hwy 51 Commercial Land Opportunity

      Prime Perryville, MO commercial acreage.
      0 Highway 51, Perryville, MO 63775
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,554 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
    • $2 SF/Yr
      9,714 SF

      Perryville Retail Space Available

      Prime Perryville restaurant/retail space.
      2015-2021 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.
    6 Perryville Blvd
    Perryville, MO 63775-1267
    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.