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    FOR SALE
    Medical Office Space

    808 E Wakefield Ave, Sikeston, MO 63801

    9,398 SF 1.35 ac lot Built 1988
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US48-2010978
    Property summary
    AI-generated overview

    This exceptional 11,450 square foot commercial property located at 808 E Wakefield Avenue in Sikeston, Missouri presents a unique investment opportunity. Situated on a 1.35-acre lot, this 1988-built building boasts seven individual units, offering significant flexibility for a variety of commercial uses. Its prime location ensures high visibility from the main street, attracting substantial foot and vehicle traffic. The property includes a valuable drive-thru infrastructure, making it particularly well-suited for businesses such as restaurants, medical offices, pharmacies, or other enterprises that benefit from convenient customer access. The building's versatile layout and ample space provide significant potential for long-term growth and profitability. This property is ideally suited for investors seeking a strong return on investment in a thriving commercial area. The strategic location within Sikeston offers excellent access to local amenities and a robust customer base. Detailed floor plans are available for serious inquiries. This is a rare opportunity to acquire a well-maintained, high-visibility commercial property in a desirable location. Don't miss out on this chance to secure a valuable asset in a growing market. The asking price is $999,900.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1988
    Total area 9,398 SF
    Lot 1.35 ac (58,806 SF)
    APN 18-4.0-19.00-001-008-004.00
    UPID US48-2010978
    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
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Medical Arts Properties INC · 2 yrs held
    Medical Arts Properties INC
    since 2023
    1 recorded transaction
    2023
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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