Cotton Ridge Development Land Opportunity

1303 S Main St, Sikeston, MO 63801
Price $6.00 PSF - $7.00 PSF
Total Land 58 Acres
Smaller Lot Sizes 1.5 AC to 9.5 AC

For More Information

Spencer O’Donnell
714-400-6267

Property Description

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.

Area Demographics

Radius
Population 2025
Median HH Income
Average HH Income
5 miles
18,920
$56,128
$78,609
10 miles
24,778
$57,001
$79,433
20 miles
54,425
$55,184
$73,476