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Cinema 1.24 Acres of Commercial Land Offered at $159,000 in Sikeston, MO 63801

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EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Price	$159,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Retail Office Mixed Use Hospitality Auto Dealership Bank Bar Community Center Convenience Store Daycare Center Department Store Drugstore Fast Food Food Processing Funeral Home General Freestanding Healthcare Health Club Medical Movie, Radio or Television Studio Rehabilitation Center Restaurant Storefront Storefront, Retail or Office Supermarket
No. Lots	1	Total Lot Size	1.24 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Commercial

Price	$159,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Mixed Use Hospitality Auto Dealership Bank Bar Community Center Convenience Store Daycare Center Department Store Drugstore Fast Food Food Processing Funeral Home General Freestanding Healthcare Health Club Medical Movie, Radio or Television Studio Rehabilitation Center Restaurant Storefront Storefront, Retail or Office Supermarket
Total Lot Size	1.24 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Commercial

1 LOT AVAILABLE

Lot

Price	$159,000	Lot Size	1.24 AC
Price Per AC	$128,225.81

Price	$159,000
Price Per AC	$128,225.81
Lot Size	1.24 AC

Prime 1.24-Acre Vacant Lot in Tax Increment Financing (TIF) District – Ready for Development. Eligible for 100% property and 50% sales tax rebates aimed at promoting redevelopment and community growth. Lot is located directly west of Malco Cinema.

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