Land For Sale • 58.22 AC
We are pleased to offer to qualified investors an opportunity to purchase a unique development opportunity that includes ~58 acres of land directly adjacent to Walmart Supercenter, Lowe’s, Hampton Inn, McDonald’s and many other tier-1 national tenants with frontage on Highway 60 in Sikeston, MO – a regional hub in Southeast Missouri. Highway 60 is currently being transformed into Interstate 57 (already signed into federal law) allowing for greater exposure to traffic counts that will double once the “Future I-57” project is completed. The offering allows developers/investors the ability to acquire 1.5 acres to 9.5 acre lots in an opportunity zone. Additionally, this development is part of a Tax Increment Financing District (TIF) that reimburses a portion of the development costs back to the developer (inquire with broker for additional details). This is an excellent opportunity to acquire developable land in a well-located commercial-zoned area that provides developers with attractive tax incentives, a pro-development municipality and the ability to capitalize on new regulation transforming Highway 60 into Interstate 57 making this a true regional destination.
Opportunity Zone Commercial Development Opportunity – Sikeston, MO (Regional Hub) |
1.50 Acre – 9.5 Acre Lots Available - $5.50/SF - $6.50/SF – Total Land Available ~58 Acres |
Carlisle Construction Expansion Nearby - $62MM Production & Manufacturing Plant – 100+ New Jobs |
Adjacent to Walmart Supercenter – Regional Draw, 9th Store Sam Walton Ever Built in the Chain |
AT&T in Front of Walmart was the #6 Performing Store in the Country |