2004 Broadway StCape Girardeau, MO 63701

  • Commercial land
  • 0.60 AC
For Sale
$595,000 View listing

Property Details for 2004 Broadway St

Year built
1932
Lot size
0.60 AC
Property type
Commercial land
APN
167170006001000000
APU
167170006001000000

Description

This exceptional 0.915-acre commercial land parcel presents a prime redevelopment opportunity in Cape Girardeau, Missouri. Located at 2004 Broadway Street, this property boasts 303 feet of frontage on Broadway, offering unparalleled visibility and accessibility. The site is strategically positioned across from a McDonald's restaurant, ensuring high traffic volume and excellent exposure. The property comprises three parcels: two existing rental properties and a 0.59-acre vacant lot, all zoned C-2 Highway Commercial, allowing for a variety of development options. Investors can choose to redevelop the entire parcel, maximizing the potential of this high-demand location, or maintain the existing rental properties while developing the vacant lot for additional income streams. The property's location in a bustling commercial area guarantees significant return on investment. This is a rare opportunity to acquire a substantial piece of land in a thriving Missouri city. The asking price is $595,000. The zip code is 63701, and the property is situated in Cape Girardeau County. This is a truly exceptional opportunity for developers and investors seeking a high-traffic, high-visibility location. The property's size and zoning make it ideal for a wide range of commercial ventures. Don't miss this chance to capitalize on this prime redevelopment opportunity.

Location Insight

City
Cape Girardeau
County
Cape Girardeau
State
Missouri
Latitude
37.3132
Longitude
-89.546
CBSA code
16020
CBSA name
CAPE GIRARDEAU-JACKSON, MO-IL MICROPOLITAN STATISTICAL AREA

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
$1,206
$21,670
-
$21,670
-
$67,704
-
$67,704

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