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28706442
28706441

1303 S Main St, Sikeston, MO 63801

SO
CA 01954051, MT RRE-BRO-LIC-80052
Charter Realty
JE
MO 1999006126
NAI DESCO - St. Louis
CO
MT RRE-RBS-LIC-135541
Charter Realty
CT
MT RRE-RBS-LIC-135984
Charter Realty
Listed by Charter Realty, NAI DESCO - St. Louis
Unpriced
441 days on market
Updated 24 days ago

Cotton Ridge Development Commercial Land Opportunity

Details
Property Type Retail, Industrial (+2)
Sub Type Distribution, Commercial (+1)
Broker Co-Op Yes
Acreage 58.000
Zoning OZ (Opportunity Zone)

58 Total Acres | 1.5 AC to 9.5 AC Lots Available | TIF Funds Available | Opportunity Zone Location

Marketing description

We are pleased to present a prime development opportunity for qualified investors—approximately 58 acres of strategically located land in Sikeston, MO, a key regional hub in Southeast Missouri.

This exceptional property is directly adjacent to top-tier national retailers, including Walmart Supercenter, Lowe’s, Hampton Inn, McDonald’s, and more, with prominent frontage on Highway 60. Notably, Highway 60 is currently being upgraded to Interstate 57—a federally approved project that will significantly increase traffic volume and exposure upon completion.

Developers and investors have the flexibility to acquire parcels ranging from 1.5 to 9.5 acres, all within a designated Opportunity Zone. Additionally, this property is part of a Tax Increment Financing (TIF) District, offering reimbursement on a portion of development costs (details available upon request).

This is a rare chance to secure developable, commercially zoned land in a pro-business municipality with attractive tax incentives. With the upcoming transformation of Highway 60 into Interstate 57, this site is positioned to become a premier regional destination.

Investment highlights

  • Strategic Lot Availability: 1.5 to 9.5-acre parcels available at competitive pricing ($6.00/SF - $7.00/SF), with a total of ~58 acres of developable land.
  • Opportunity Zone & TIF Benefits: Located in a designated Opportunity Zone with Tax Increment Financing (TIF) incentives available.
  • Major Economic Growth Nearby: Carlisle Construction expanding with a $62 million production & manufacturing plant, creating 100+ new jobs.
  • High-Traffic Retail Corridor: Adjacent to Walmart Supercenter—a regional draw and the 9th store ever built by Sam Walton—with neighboring national retailers including Lowe’s, Harbor Freight, Aldi, Taco Bell, Arby’s, McDonald’s, and Sonic.
  • Proven Market Performance: AT&T (located in front of Walmart) ranked as the #6 performing store nationwide.
  • Unmatched Infrastructure Expansion: Highway 60 is set to become Interstate 57, connecting to Little Rock, AR—already signed into federal law—doubling current traffic counts of 15,169 CPD upon project completion.
  • Strong Hospitality & Entertainment Presence:
  • Hampton Inn purchased their own parcel and has demonstrated strong post-COVID revenue recovery.
  • Watami restaurant also purchased their own parcel, proving resilience and success despite economic challenges.
  • Malco Theaters, a nearby regional entertainment draw, is highly successful in its brand-new building.
  • Lambert’s Café, a local favorite, attracts approximately 700,000 visitors per year.
  • Fast-Growing Market: Strong housing demand and job growth indicate sustained economic expansion.
  • Future Community Development: Local landowners are exploring the creation of an Agricultural Museum within this development, adding cultural and tourism appeal.

Listing Contacts

SO
CA 01954051, MT RRE-BRO-LIC-80052
Charter Realty
JE
MO 1999006126
NAI DESCO - St. Louis
CO
MT RRE-RBS-LIC-135541
Charter Realty
CT
MT RRE-RBS-LIC-135984
Charter Realty
Listed by Charter Realty, NAI DESCO - St. Louis

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Additional Information

Name
Jeff Eisenberg
License
MO 1999006126
Brokerage
NAI DESCO
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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