I-55 exit 91 & Old Hwy 61 East outer Rd Nash Rd Scott City, MO 63780

Listing agency Lorimont Commercial Real Estate t***@lorimont.com Show Phone

Listed by Matthew Huber · License #2023031239

Source Crexi

Added: Jun 29, 2024 Updated: Jul 6 at 8:30AM Checked: Jul 21 at 3:09AM

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Investment Insights

Based on property information with market context.

SEMO Industrial Park is situated in an area designated for industrial and commercial development, located in Northern Scott County adjacent to Cape Girardeau County. This location provides businesses and manufacturers with access to infrastructure, transportation, utilities, and a workforce. The park aims to promote economic growth and attract new businesses, targeting manufacturing, utilities, transportation & logistics, office/warehouse, flex space, retail, distribution, and hospitality services. The SEMO Industrial Park offers 380 acres of land, subdivided into lots ranging from 5 to 20 acres. Infrastructure includes roads, sewers, water, gas, and electricity. The park has access to Interstate 55 and Highway 61, and is near Cape Girardeau Regional Airport and SEMO Port, which offers river and rail traffic. Scott City has approved Chapter 100 for the entire site, providing new owners with a 15-year real property tax abatement on the following schedule: 90% for 5 years, 85% for 5 years, and 75% for 5 years. This also abates sales tax on all construction material and tangible personal property for the project. The location is suited to support future growth plans.

Key Highlights

• Enjoy a 15‑year real property tax abatement (90%/85%/75% over 5‑year increments) and sales tax abatement on construction materials.
• Strategic location in Northern Scott County, adjacent to Cape Girardeau County, providing access to infrastructure, transportation, utilities, and workforce.
• Easy access to Interstate 55 and Highway 61 for efficient transportation.

Property Analytics

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FAQs

What type of property is this?

Industrial land - 380 acres of industrial land with development incentives.

Where is this industrial land located?

The property is located at I-55 exit 91 & Old Hwy 61 East outer Rd Nash Rd Scott City, MO.

What are key features of this property?

This property features: Enjoy a **15‑year real property tax abatement** (90%/85%/75% over 5‑year increments) and sales tax abatement on construction materials.; Strategic location in Northern Scott County, adjacent to Cape Girardeau County, providing access to infrastructure, transportation, utilities, and workforce.; **Easy access to Interstate 55 and Highway 61** for efficient transportation.