8 French LnPerryville, MO 63775

  • Commercial real estate
  • 0.30 AC
For Sale
$625,000 View listing

Property Details for 8 French Ln

Lot size
0.30 AC
Property type
Commercial real estate
APN
11-6.0-024-002-005-006.01000
APU
9223372036854775807

Description

This exceptional Perryville, MO commercial property, located at 8 N French Lane, offers 625,000 USD of investment potential. Sitting on a 0.26-acre lot, the building boasts a completely remodeled interior, completed within the last three years. The flexible floor plan allows for diverse uses, making it ideal for a variety of businesses. Currently configured with multiple office/treatment rooms, the absence of interior support walls provides unparalleled adaptability for future tenants. Imagine transforming this space into several retail storefronts, a medical or dental practice, a surgery center, or a medical spa – the possibilities are endless. The property benefits from ample parking, ensuring convenient access for clients and staff. High visibility from the street ensures strong exposure for your business. Furthermore, the building features a recently updated HVAC system, minimizing operational concerns and maximizing energy efficiency. This move-in ready property is priced attractively below a recent appraisal, presenting a compelling opportunity for savvy investors. Don't miss this chance to acquire a versatile and well-maintained commercial space in a thriving location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,419,043
    Hospitality
    $3,131,825
    Educational
    $2,605,642
    Medical
    $2,695,254
    Retail
    $4,053,220

Location Insight

City
Perryville
County
Perry
State
Missouri
Latitude
37.7271
Longitude
-89.8836

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
$4,881
$6,739
$71,486
$78,225
-
$21,060
$223,395
$244,455

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