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Sikeston,MO 63801
Key Details
Property Type Vacant Land
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Cotton Ridge Development
MLS Listing ID 25014657
Lot Size 1.240 Acres
Property Sub-Type Business
Property Description
Prime 1.24-Acre Vacant Lot in Tax Increment Financing (TIF) District – Ready for Development
This exceptional 1.24-acre vacant lot, located in Cotton Ridge Development, presents a unique opportunity for developers and investors seeking a prime piece of real estate for retail, restaurant, entertainment, hotel, office or service use. Situated in a rapidly growing area, this property benefits from the financial incentives and support typically offered within a TIF zone, making it an even more compelling investment. Positioned in a high-demand area with easy access to major highways, public transportation, and nearby amenities including retail centers, restaurants, an eight-plex movie theater, hotels and parks. Eligible for 100% property and
50% sales tax rebates aimed at promoting redevelopment and community growth.
Utilities Available: All necessary utilities, including water, sewer, gas, and electricity, are available on-site or nearby. Location: City, Retail Center
Location
State MO
County New Madrid
Zoning Commercial
Interior
Cooling None
Exterior
Parking Features false
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Water Available,Sewer Available,Phone Available
Building
Sewer Public Sewer
Water Public
Structure Type Other
Others
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Special Listing Condition Standard