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    1403 Main St Sikeston, MO 63801

    Sponsored
    For Sale
    $157,500

    High-traffic location, prime commercial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 1.05-acre commercial lot, priced at $157,500, presents a unique investment opportunity in Sikeston, Missouri. Located at 1403 N Main St., 63801, this property boasts a highly visible position on Highway 61, a major state route connecting Sikeston to its industrial park and Southeast Missouri State University campus. Its strategic location offers excellent accessibility and exposure to a substantial daily traffic volume. The lot is situated on the northern edge of Sikeston city limits, adjacent to the established Greenbriar and Fairfield Subdivisions, ensuring a strong residential base for potential clientele. Zoned C-1 Neighborhood Shopping District, this land is ideally suited for a variety of commercial uses, including office spaces, medical facilities, and professional service businesses designed to cater to the needs of the surrounding residential communities. The zoning specifically permits retail trade and personal enterprises focused on serving the convenience of nearby residents. This property offers significant potential for growth and return on investment due to its prime location and versatile zoning. Serious inquiries are encouraged.

    Property Features for 1403 Main St

    General Information

    Property type
    Land
    Lot Size
    45,738 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Spa & Massage Auto Repair Shop Hair Salon Nail Salon Department Store Skin Care Clinic Kitchen & Bath Food Market Accounting Firm HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Sikeston
    County
    Scott
    State
    Missouri
    Longitude
    -89.5984609
    Latitude
    36.8978119

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    FAQs

    What type of property is this?
    Land - High-traffic location, prime commercial lot.
    Where is this land located?
    The property is located at 1403 Main St Sikeston, MO.
    What is the asking price?
    The asking price for this property is $157,500.
    Request Owner's contact information
    1403 Main 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
    1403 Main St Sikeston, MO 63801
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