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    205 New Madrid St Sikeston, MO 63801

    For Sale
    $460,000

    Versatile facility, ample parking, leaseback option.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This expansive commercial property at 205 S New Madrid Street in Sikeston, Missouri, presents a unique investment opportunity. The property encompasses a substantial building offering a diverse range of uses, ideal for businesses requiring both office and warehouse space. The building features multiple offices, a sizable warehouse area equipped with convenient overhead doors for easy loading and unloading, and an extensive parking area to accommodate numerous vehicles and clients. The property's strategic location near downtown Sikeston ensures high visibility and easy access to local amenities and transportation routes. The total land area comprises three tracts, adding up to approximately 1.8 acres. This significant acreage provides ample room for expansion, future development, or simply offers generous space for operations and parking. A key advantage for potential buyers is the owner's willingness to consider a leaseback arrangement on a portion of the property, providing a smooth transition and potential ongoing income stream. The asking price for this versatile and well-situated commercial property is $460,000. This represents a compelling opportunity to acquire a substantial property with significant potential for various commercial ventures. Serious inquiries are encouraged.

    Property Features for 205 New Madrid St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    78,408 SF

    Building Details

    Year Built
    1974
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sikeston
    County
    Scott
    State
    Missouri
    Longitude
    -89.58872
    Latitude
    36.87471

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile facility, ample parking, leaseback option.
    Where is this commercial real estate located?
    The property is located at 205 New Madrid St Sikeston, MO.
    What is the asking price?
    The asking price for this property is $460,000.
    Request Owner's contact information
    205 New Madrid St Sikeston, MO 63801
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    Sikeston, MO 63801
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    205 New Madrid St Sikeston, MO 63801
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