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    1240 Main St Sikeston, MO 63801

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    For Sale
    Contact for pricing

    Prime Missouri Warehouse, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.31-acre industrial property, located at 1240 S Main St in Sikeston, Missouri (zip code 63801), presents a unique investment opportunity. Situated in New Madrid County, this warehouse and manufacturing-zoned parcel boasts a highly visible location along a well-established retail corridor, making it ideal for a variety of businesses. The property's strategic placement on South Main Street (Highway 61), a high-traffic area with 15,715 vehicles passing daily (VPD), ensures significant exposure and accessibility for potential customers. Existing infrastructure, including stormwater management and utility connections, simplifies development and reduces upfront costs. The site is perfectly suited for businesses requiring high visibility and convenient access, such as coffee shops or drive-thru beverage establishments. This carve-out parcel offers a rare chance to establish a thriving business in a prime location with established infrastructure and high daily traffic counts. The property's industrial zoning allows for a range of uses, providing flexibility for prospective buyers. Its convenient location and existing infrastructure make it an attractive option for businesses seeking a ready-to-develop site in a bustling commercial area. This is a remarkable opportunity to acquire a well-positioned industrial property in a high-growth area of Missouri.

    Property Features for 1240 Main St

    General Information

    Property type
    Manufacturing properties
    Lot Size
    13,504 SF

    HighLights

    • Highly visible, conveniently accessible 0.31‑acre parcel.
    • Prime location in a well‑established Sikeston, MO retail corridor.
    • Ideal for coffee shops or drive‑thru beverage businesses.
    • Existing stormwater management and utilities.
    • High‑traffic location on South Main Street (Highway 61), 15,715 VPD.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Clothing Store Gym & Fitness Auto Parts Store Pharmacy Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sikeston
    County
    New Madrid
    State
    Missouri
    Longitude
    -89.5814331
    Latitude
    36.8608559

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    FAQs

    What type of property is this?
    Manufacturing property - Prime Missouri Warehouse, High Visibility
    Where is this manufacturing property located?
    The property is located at 1240 Main St Sikeston, MO.
    What are key features of this property?
    This property features: Highly visible, conveniently accessible 0.31-acre parcel.; Prime location in a well-established Sikeston, MO retail corridor.; Ideal for coffee shops or drive-thru beverage businesses.
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    1240 Main St 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
    1240 Main St Sikeston, MO 63801
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