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    103 Grove St Sikeston, MO 63801

    Sponsored
    For Sale
    $151,500

    Prime 1-acre commercial lot, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.01-acre commercial lot is ideally situated on Highway 61, at the northern edge of Sikeston city limits. Its high-traffic location provides excellent visibility and accessibility, connecting directly to the Sikeston City Industrial Park and the Southeast Missouri State University Sikeston campus. The property is conveniently adjacent to Greenbriar and Fairfield Subdivisions, two established residential areas. This strategic positioning offers significant advantages for businesses seeking to serve both the local community and a wider regional market. The lot is zoned C-1 Neighborhood Shopping District, perfectly suited for retail trade, personal services, and businesses catering to the needs of nearby residents. Ideal uses include office space, medical facilities, and professional services. The asking price for this exceptional opportunity is $151,500. This property presents a rare chance to establish a thriving business in a desirable and high-growth area of Sikeston, Missouri, with its convenient location and strong zoning designation. The address is 103 Grove Estates, Sikeston, MO 63801, in Scott County.

    Property Features for 103 Grove St

    General Information

    Property type
    Land
    Lot Size
    43,996 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Sikeston
    County
    Scott
    State
    Missouri
    Longitude
    -89.6008754
    Latitude
    36.9000011

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    FAQs

    What type of property is this?
    Land - Prime 1-acre commercial lot, high traffic.
    Where is this land located?
    The property is located at 103 Grove St Sikeston, MO.
    What is the asking price?
    The asking price for this property is $151,500.
    Request Owner's contact information
    103 Grove 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
    103 Grove St Sikeston, MO 63801
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