1330 Main StSikeston, MO 63801

Property Details for 1330 Main St

Lot size

4.34 AC

Property type

Commercial real estate

APN

01 9.2 31 000 000 004.01

APU

1923100000000401

Description

This exceptional commercial land parcel, located at 1330 South Main Street in Sikeston, Missouri, presents a unique investment opportunity. Situated in Southeast Missouri, this single-tenant outlot boasts a sizable area ranging from one to 4.3 acres, providing ample space for a variety of commercial developments. The property's address is 1330 South Main Street, Sikeston, MO 63801, offering excellent visibility and accessibility. Its location within a thriving commercial area ensures high traffic volume and strong potential for business growth. The land is designated as commercial and is ready for immediate development, making it an ideal choice for entrepreneurs and investors seeking a strategic location in a growing market. With its convenient access to major transportation routes and its prime location in Sikeston, this property offers unparalleled potential for significant return on investment. The absence of existing buildings allows for complete design flexibility, catering to a wide range of commercial ventures. This is a rare opportunity to acquire a substantial piece of commercial real estate in a desirable Southeast Missouri location. The property is zoned for commercial use and is ready for immediate development. Detailed site plans and zoning information are available upon request. Don't miss this chance to secure a prime commercial location in Sikeston.

• CAP approach

  CAP return

  Valuation

  6%

  $48,974,500

  6.5%

  $45,207,300

  7%

  $41,978,200

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,738,300

  Geo Method

  $14,738,300

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $88,817,200

  Retail / Commercial

  $45,581,300

  Mixed-Use / Specialty

  $45,447,400

  Hospitality / Lodging

  $33,380,600

  Office

  $45,207,300

  Institutional / Educational

  $47,257,200

  Residential Income

  $55,291,000

  Multifamily

  $66,154,300

  Automotive / Energy

  $40,506,200

  Parking / Income-Based Land

  $13,949,900

  Restaurant / Food Service

  $23,698,600

  Healthcare / Senior Housing

  $46,576,100

Location Insight

City

Sikeston

County

New Madrid

State

Missouri

Latitude

36.8575

Longitude

-89.582

Property Tax & Assessments

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