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



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 | |
| No. Lots | 1 | Total Lot Size | 1.24 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | Commercial | ||
| Price | $159,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.24 AC |
| Opportunity Zone |
Yes |
| 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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