For Sale
$611,500

Redbud Ct Perryville, MO 63775

Prime 5.61-acre commercial lot, 15 buildable lots.

Overview

Added:
Feb 3
Days on market:
79
This exceptional 5.61-acre commercial property in Perryville, Missouri, presents a unique investment opportunity. The land is part of an established subdivision, complete with existing infrastructure including utilities, sidewalks, street lights, and paved streets, all governed by established restrictions. Fifteen lots are available and already platted, ready for immediate development. This represents a significant advantage, eliminating the considerable time and expense associated with land preparation. Four homes have already been successfully built and sold within the subdivision, demonstrating existing market demand and the viability of the project. The property's location within Perry County benefits from a high demand for housing, making this a particularly attractive proposition for developers seeking to capitalize on this need. The remaining lots can be developed individually or as a larger-scale project. The unique position of this subdivision as the only one currently offering lots in the area further enhances its potential for rapid growth and high return on investment. Interested parties are encouraged to contact the Perryville Economic Development Authority (EDA) office for further information regarding the Perryville Housing Reimbursement Program, which may offer additional incentives. This is a rare opportunity to acquire a fully serviced, ready-to-develop commercial land parcel in a thriving market.

Property Details for Redbud Ct

Property type
Commercial real estate
Lot Size (sq. ft)
244,372 SF

Location Insight

City
Perryville
County
Perry
State
Missouri
Latitude
37.60199
Longitude
-89.81342

FAQs

What type of property is this?
Commercial real estate - Prime 5.61-acre commercial lot, 15 buildable lots.
Where is the commercial real estate located?
The property is located at Redbud Ct Perryville, MO.
What is the asking price?
The asking price for this property is $611,500.
How can I contact the broker?
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Redbud Ct
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