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    OFF-MARKET
    Commercial real estate

    1403 Main St, Sikeston, MO 63801

    1.05 ac lot
    Property ID
    Property summary
    AI-generated overview

    This 1.05-acre commercial lot, located at 1403 N Main St. in Sikeston, Missouri, presents a unique investment opportunity. Situated on Highway 61, a major state route, this property enjoys high visibility and accessibility, connecting directly to the Sikeston Industrial Park and the Southeast Missouri State University campus. Its prime location on the northern edge of Sikeston city limits places it adjacent to the established Greenbriar and Fairfield subdivisions, two desirable residential areas. The C-1 Neighborhood Shopping District zoning allows for a variety of uses, ideal for businesses catering to the needs of the surrounding community. This zoning specifically permits retail trade and personal enterprises designed to serve the convenience of nearby residents. The property's strategic location makes it particularly well-suited for office spaces, medical practices, or professional service businesses seeking a high-traffic, easily accessible location. The absence of existing structures provides a blank canvas for development, allowing for complete customization to meet specific business needs. This is a rare opportunity to acquire a highly visible and strategically located commercial parcel in a growing area of Sikeston. The asking price for this exceptional property is $157,500.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 1.05 ac (45,738 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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