121 S Sprigg St | Cape Girardeau, MO 63703
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121 S Sprigg St
Cape Girardeau, MO 63703
Save-A-Lot · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The property has the potential to increase its income by leasing the vacant retail suite at market rent, presenting an opportunity to boost cash flow.
- Corner lots benefit from increased visibility and traffic, which will attract more customers and tenants.
- Having a successful grocer as an anchor tenant can draw additional foot traffic, benefitting future tenants and contributing to a vibrant center.
- Purchase the property well below replacement cost, providing a buffer against market fluctuations
- The large size of the lot may allow potential expansion or redevelopment opportunities for the buyer, increasing the property’s long term value.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Supermarket
Building Size
36,000 SF
Building Class
C
Year Built
1975
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
2.34 AC
Zoning
C - CBD and DCC
PROPERTY TAXES
| Parcel Number | 21-106-00-33-00100-0000 | Improvements Assessment | $155,800 |
| Land Assessment | $37,130 | Total Assessment | $192,930 |
PROPERTY TAXES
Parcel Number
21-106-00-33-00100-0000
Land Assessment
$37,130
Improvements Assessment
$155,800
Total Assessment
$192,930
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