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Property profile & analytics
OFF-MARKET
Land

0 Old Sprigg & Lexington Cape Girardeau, MO 63701

175 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 175-acre commercial land parcel presents a unique investment opportunity in Cape Girardeau, Missouri. Strategically located at the intersection of Old Sprigg and Lexington, this property offers significant development potential. The land is comprised of 113 acres within city limits and an additional 62 acres adjacent to the city in Cape Girardeau County, providing access to all city services. Its substantial street frontage ensures high visibility and accessibility. The property's versatility makes it suitable for a wide range of commercial uses. Proximity to Southeast Missouri State University (SEMO) adds further appeal, offering potential for student-oriented businesses or housing developments. With its expansive size and prime location, this property is ideal for developers seeking a large-scale project with excellent infrastructure and convenient access. The asking price for this significant land holding is $2,900,000. This represents a compelling opportunity to acquire a substantial tract of land in a thriving Missouri community. Don't miss this chance to secure a piece of Cape Girardeau's future.

Property profile
Verified
Property type Land
Lot 175 ac (7,623,000 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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