1201 Lawrence St Sikeston, MO 63801
For Sale
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This exceptional 1.24-acre commercial land parcel presents a unique investment opportunity in Sikeston, Missouri. Strategically located on the corner of Stallcup Drive and Lawrence Street, this property boasts high visibility and convenient access. Its prime location offers significant advantages, situated adjacent to a 60-unit apartment complex, ensuring a substantial existing customer base. Furthermore, the property's proximity to established businesses like Lowe's, JCPenney, and Taco Bell provides added convenience and foot traffic. The lot features concrete streets, enhancing accessibility and overall infrastructure. Currently zoned for light industrial use, this versatile property offers a range of development possibilities. The address is 1201 Lawrence Street, Sikeston, MO 63801, within the city limits and in Scott County. The asking price for this exceptional property is $500,000. This represents a compelling investment opportunity given its location, zoning, and potential for future development. The property's size and location make it ideal for a variety of commercial ventures, capitalizing on the existing infrastructure and high-traffic area. Don't miss this chance to acquire a prime piece of commercial real estate in a thriving Missouri community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.