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Property profile & analytics
OFF-MARKET
Retail space

700 Kingshighway St Perryville, MO 63775-2104

720 SF Built 1966
Individually Owned Absentee Owner Free & Clear
Property ID
US48-2712541
Property summary
AI-generated overview

This exceptional commercial property, situated at 700 S Kingshighway Street in Perryville, Missouri, presents a unique investment opportunity. Boasting a highly visible corner location at the intersection of State Highway 61 and Highway E, this property benefits from an impressive 4,085 average annual daily traffic count (AADT) as of 2023, ensuring significant exposure for any business. The building itself offers 1,488 square feet of well-maintained space, currently configured as a completely remodeled office area, complete with a warehouse and a full bathroom. Recent renovations are extensive and include a new metal roof, updated wiring and plumbing systems, brand new insulation, and upgraded gutters. The property sits on a 0.26-acre lot, providing ample space for potential expansion into the existing warehouse area, allowing for future growth and adaptation to suit a variety of business needs. This turnkey property is offered at an attractive price of $159,900, making it an affordable entry point into the Perryville commercial market. The combination of high visibility, recent renovations, and expansion potential makes this an ideal investment for entrepreneurs and business owners seeking a thriving location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1966
Total area 720 SF
APN 10-4.0-019-001-001-086.00000
UPID US48-2712541
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
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Comparable Approach Comparable
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Owner & transaction history
BRAD J MILLER
BRAD J MILLER
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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