Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1240 S Main Street Sikeston, MO 63801

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Commercial land available in Sikeston, Missouri.

    Type:Outlot
    Added:
    Apr 3, 2026
    Days on Market:
    20
    Last Refresh:
    Apr 3 at 4:53 am

    Property Features for 1240 S Main Street

    General Information

    Standard status
    Active
    Property subtype
    Outlot

    We can help!

    Listing Contact
    Jim Rosen, CCIM

    Listing agent Jim Rosen, CCIM

    Listing office

    Listing date Apr 3, 2026

    Source Paceproperties

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Jim Rosen, CCIM

    Overview

    Sikeston Commercial Land Available

    The property is a commercial land opportunity located in Sikeston, Missouri. The surrounding area has a population of 3,572 within a 1-mile radius, 16,773 within a 3-mile radius, and 19,381 within a 5-mile radius. Total households number 1,507 within 1 mile, 6,985 within 3 miles, and 8,027 within 5 miles. The daytime population is 4,005 within 1 mile, 21,608 within 3 miles, and 24,299 within 5 miles. The average household income is $69,508 within a 1-mile radius, $73,481 within a 3-mile radius, and $75,234 within a 5-mile radius.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Gym & Fitness Center Auto Parts Store Pharmacy Department Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Sikeston
    County
    Scott
    State
    Missouri
    Longitude
    -89.592673
    Latitude
    36.894691

    Nearby Similar for Sale

    • $775,000

      Remodeled Commercial Building in Sikeston

      Remodeled commercial building suitable for single or multiple tenants.
      210 S Kingshighway Street, Sikeston, MO 63801
      View Details
    • $275,000
      14,642 SF

      Historic Downtown Sikeston Retail Opportunity

      Two-story retail space in high-traffic downtown Sikeston.
      124 E Front Street, Sikeston, MO 63801
      View Details
    • $650,000

      Sikeston Commercial Property For Sale

      Prime commercial location with high visibility and established business history.
      1105 S Main Street, Sikeston, MO 63801
      View Details
    • $1,000,000
      40,511 SF

      Sikeston Car Wash with Expansion Potential

      Turnkey car wash with expansion potential in high-demand market.
      531 N Main Street, Sikeston, MO 63780
      View Details
    • $279,000
      4,273 SF

      Downtown Sikeston Commercial Office Building

      Commercial property with endless business opportunities in downtown Sikeston.
      202 S Kingshighway Street, Sikeston, MO 63801
      View Details
    • $600,000

      Sikeston Commercial Property For Sale

      Income-producing property with commercial spaces and storage units.
      2008 & 2010 N Main Street, Sikeston, MO 63801
      View Details
    • $350,000
      10,000 SF

      Sikeston Industrial Warehouse on 8+ Acres

      Industrial warehouse with I-55 frontage, ideal for logistics or distribution.
      608b State Highway H, Sikeston, MO 63801
      View Details
    • $1,250,000
      40,946 SF

      Sikeston Carwash with High Visibility

      Turnkey carwash with high traffic, visibility, and recurring revenue.
      900 S Main Street, Sikeston, MO 63801
      View Details
    • $550,000
      1,150 SF

      Sikeston Retail Property For Sale

      Established family-owned business with high visibility for over 30 years.
      1018 Linn Street, Sikeston, MO 63801
      View Details
    • $269,000
      6,321 SF

      Historical Building in Downtown Sikeston

      Two-story historic building in downtown Sikeston, ideal for investors.
      112 Front Street, Sikeston, MO 63801
      View Details
    • $1,100,000
      24,700 SF

      Sikeston Warehouse with Highway Access

      Large warehouse with easy access to I-55 and I-57.
      300 Matthews Lane, Sikeston, MO 63801
      View Details
    • $400,000

      Commercial Land in Sikeston, MO

      2.63 acres in booming retail and hospitality area.
      109 Stallcup Drive, Sikeston, MO 63801
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land available in Sikeston, Missouri.
    Where is this commercial land located?
    The property is located at 1240 S Main Street Sikeston, MO.
    What are key features of this property?
    This property features: High average household income ranging from $69,508 to $75,234.; Significant daytime population, ranging from 4,005 to 24,299.; Growing population increasing from 3,572 to 19,381.
    (314) 785-7625
    We can help!
    Listing Contact
    Jim Rosen, CCIM
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!