1409 Malone Ave Sikeston, MO 63801-3411
This exceptional 0.74-acre commercial lot presents a unique redevelopment opportunity in the thriving city of Sikeston, Missouri. Located at 1409 E Malone Avenue, this property boasts an enviable position on the southwest corner of a signalized intersection along one of Sikeston's busiest thoroughfares, Highway 62. Previously occupied by a national quick-service restaurant, the site offers significant visibility and accessibility for a wide range of commercial ventures. The lot features approximately 200 feet of frontage along Highway 62, maximizing exposure to a high volume of daily traffic. Existing infrastructure is in place, including 37 designated parking spaces, ensuring ample customer parking. All essential utilities are readily available on-site: water, sewer, electric, and gas connections are already established, simplifying the development process and reducing upfront costs. This prime location, coupled with its existing infrastructure and high visibility, makes this property an ideal investment for entrepreneurs seeking a strategic foothold in a bustling commercial area. The asking price of $165,000 represents a compelling opportunity to acquire a well-situated commercial lot with significant potential for future growth and profitability. Don't miss this chance to secure a prominent location in a dynamic market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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.