Investment Opportunity: MoDOT Auctions Prime Commercial Land Near Jackson

The Missouri Department of Transportation's Southeast District is selling a 3.66-acre property located off Interstate 55 at Exit 99 on Route 61 in Jackson, Missouri. This sale is part of MoDOT's effort to raise funds for road and bridge projects. The property is near Cape Girardeau and has potential for commercial development due to its proximity to new hotels, a gas station, and the Cape Girardeau SportsPlex, which attracts many visitors.

The site includes a utility easement for an overhead powerline that occupies 0.80 acres and is accessible via a state-owned road. However, there is no direct access from Jackson Boulevard/Highway 61. The property is currently unzoned but is surrounded by areas zoned as C-2, General Commercial District.

Utilities like electricity, sewer, and water are available, making the site ready for development. The auction is hosted on GovDeals, starting at $625,000 with bid increments of $5,000. It will close on Friday, June 28, at 3:45 p.m.

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