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    Spanish Street Ct Cape Girardeau, MO 63701

    For Sale
    $38,000

    Land - Cape Girardeau, MO

    Lot size:
    0.22 Acres
    Days on Market:
    122
    Last Refresh:
    Dec 6 at 10:06 pm

    Property Features for Spanish Street Ct

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Multi-Family
    APN
    16-719-00-27-014.00-0000
    Lot size
    0.22 Acres

    Building Details

    Architectural style
    Other

    EXP Realty, LLC (913) 908-8001 [email protected]

    Listing agent Sarah McKinney (866) 224-1761 License #2021020164

    Listing date Aug 7, 2025

    MLS# 25054192 Listing URL

    Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily-Zoned Lot Near Casino

    This multifamily-zoned lot presents a prime opportunity for investors and developers. Situated just minutes from the casino, the property offers high visibility and potential for rental income or future development. The location is suitable for attracting tenants seeking entertainment, employment, and convenience. Potential development options include duplexes, townhomes, or an apartment complex. The lot size is 0.219 acres. The property is also available as a package deal with a duplex at 605 N Spanish.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Cape Girardeau
    County
    Cape Girardeau
    State
    Missouri
    Longitude
    -89.51869415
    Latitude
    37.31068149

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    FAQs

    What type of property is this?
    Residential land & home lot - Multifamily-zoned land near casino, ideal for development.
    Where is this residential land & home lot located?
    The property is located at Spanish Street Ct Cape Girardeau, MO.
    What is the asking price?
    The asking price for this property is $38,000.
    What are key features of this property?
    This property features: - Multifamily-zoned lot ideal for developers and investors.; - Prime location minutes from the casino.; - High visibility for attracting tenants.
    (866) 224-1761
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Spanish Street Ct Cape Girardeau, MO 63701
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