Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    131 New Madrid St Sikeston, MO 63801-4140
    Back to Search
    Property profile & analytics

    131 New Madrid St, Sikeston, MO 63801-4140

    View on Map
    • Retail space
    • 2,624 SF
    • 0.07 lot acres
    Off-Market
    Last Sale Dec 29, 2020
    Property ID
    US48-1624101
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 131 New Madrid St

    Lot size
    0.07 lot acres
    Property type
    Retail space
    APN
    18-4.0-19.00-003-045-001.00
    APU
    1840190000304500100

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 29, 2020 — City Of Sikeston Caroline M Strom Special Warranty Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sikeston
    County
    Scott
    State
    Missouri
    Longitude
    -89.5898
    Latitude
    36.8776
    CBSA code
    43460
    CBSA name
    SIKESTON, MO MICROPOLITAN STATISTICAL AREA

    Comparable in this City

    • Value Estimation by Request
      1,484 SF

      120 Frnt St

      RETAIL STORES (PERSONAL SERVICES)
      120 Frnt St, Sikeston, MO 63801
      View Details
    • Value Estimation by Request
      5,835 SF

      201 Ctr St

      RETAIL STORES (PERSONAL SERVICES)
      201 Ctr St, Sikeston, MO 63801-4111
      View Details
    • Value Estimation by Request
      3,150 SF

      581 County Hwy 517

      RETAIL STORES (PERSONAL SERVICES)
      581 County Hwy 517, Sikeston, MO 63801
      View Details
    • Value Estimation by Request
      1,650 SF

      219 Edmondson St

      RETAIL STORES (PERSONAL SERVICES)
      219 Edmondson St, Sikeston, MO 63801-5928
      View Details
    • Value Estimation by Request
      2,730 SF

      521 Greer Ave

      RETAIL STORES (PERSONAL SERVICES)
      521 Greer Ave, Sikeston, MO 63801-3023
      View Details
    • Value Estimation by Request
      2,448 SF

      620 Linn St

      RETAIL STORES (PERSONAL SERVICES)
      620 Linn St, Sikeston, MO 63801-4207
      View Details

    Similar Nearby for Sale

    • $275,000
      14,642 SF

      Historic Downtown Sikeston Retail Opportunity

      Two-story retail space in high-traffic downtown Sikeston.
      124 E Front St, Sikeston, MO 63801
      View Details
    • $269,000
      6,321 SF

      Historical Building in Downtown Sikeston

      Two-story historic building in downtown Sikeston, ideal for investors.
      112 Front St, Sikeston, MO 63801
      View Details
    • $979,500

      Sikeston Commercial Building Investment Opportunity

      High-visibility commercial building with income and upside potential.
      808 E Wakefield Ave, Sikeston, MO 63801
      View Details
    • $290,000
      4,244 SF

      Sikeston Commercial Property with Income

      Commercial building, duplex, and storage on 1.22 acres.
      101-103 Donald Fulton Dr, Sikeston, MO 63801
      View Details
    • $550,000
      1,150 SF

      Sikeston Retail Property For Sale

      Established family-owned business with high visibility for over 30 years.
      1018 Linn St, Sikeston, MO 63801
      View Details
    • Contact for pricing
      40,946 SF

      Turnkey Carwash in Sikeston, MO

      Established carwash with high traffic, visibility, and membership program.
      900 S Main St, Sikeston, MO 63801
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,295 SF

      Retail Space in Sikeston, MO

      Retail space available in grocery store anchored shopping center.
      925-1077 Malone Ave, Sikeston, MO 63801
      View Details
    • $1,000 /Mo

      Professional Space Near Main Intersection

      Prime location, high visibility, and flexible floor plan.
      1226 Linn St, Sikeston, MO 63801
      View Details
    • Contact for pricing

      New Retail/Office Space Available

      Prime location with high traffic and ample parking.
      E-600 N Main St, Sikeston, MO 63801
      View Details
    • $2,000 /Mo

      Professional Space Near Main Intersection

      Prime location, high visibility, and flexible floor plan.
      1226 Linn St, Sikeston, MO 63801
      View Details
    • $1,950 /Mo

      New Office/Retail Center on Main

      Prime location with excellent traffic and visibility.
      600 N Main St, Sikeston, MO 63801
      View Details
    • $3,625 /Mo
      2,000 SF

      Sikeston Office Suite For Rent

      Recently-built office suite with four offices, bathroom, and kitchenette.
      912 S Main St, Sikeston, MO 63801
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    131 New Madrid St
    Sikeston, MO 63801-4140
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    131 New Madrid St, Sikeston, MO, 63801
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!