Current Use by Public Records
- Land
Property Details for 0 Old Sprigg & Lexington
- Lot size
- 175.00 lot acres
- Property type
- Land
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cape Girardeau
- County
- Cape Girardeau
- State
- Missouri
- Longitude
- -89.5327
- Latitude
- 37.3373
