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$2,395,000 Just Listed
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Property Description
Positioned along one of Cape Girardeau's most heavily trafficked commercial corridors, 501 S Kingshighway presents a rare opportunity to acquire a large-format retail/warehouse building with significant redevelopment upside. Formerly occupied by Tractor Supply and currently home to the Habitat for Humanity ReStore, the property offers approximately 20,000 square feet of flexible space on nearly 3 acres of paved land. The building features a functional layout suitable for a variety of commercial or light industrial uses, including retail, showroom, distribution, or service-oriented concepts. With an existing loading dock, 800-amp electrical service, and fire sprinkler system already in place, the property provides a strong foundation for repositioning or adaptive reuse. While the improvements would benefit from renovation, this creates an attractive value-add opportunity for investors or owner-users seeking to customize a highly visible and accessible site. The expansive paved lot, along with a secure fenced and gated outdoor storage area, further enhances the property's versatility. This offering represents a compelling opportunity to redevelop or reposition a well-located asset in a growing regional trade hub.
Full Property Details
Full Property Details for 501 S Kingshighway
General
- Price: $2,395,000
- Taxes: $16,104 (2025)
- Status: Active
- Type: Commercial
- Source: MARIS
- MLS ID: 26024309
- Updated: 4/21/2026
- Added to Site: 5 day(s) ago
Location
- County: Cape Girardeau
- Subdivision: Randol
Structural Information
- Square Feet: 19,338
- Current Bldg. Use: Commercial
- Year Built: 1993
Lot Features
- Lot Size (Acres): 2.866
- Lot Size (Sq. Ft.): 124,842.96
Financial Considerations
- Tax Amount: $16,104
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Standard
- Disclosures/Reports: None
- Property ID: 20-312-00-14-00300-0000
Listed by Lorimont L.C.
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Schools
Schools serving 501 S Kingshighway
School District:Cape Girardeau 63 School District
| Name | Grades | Distance |
|---|---|---|
Jefferson Elementary School, Cape Girardeau, MO 520 Minnesota Avenue, Cape Girardeau, MO 63703 | PK-5 | 0.8 mi |
Central Jr. High School 1910 Whitener Street, Cape Girardeau, MO 63701 | 7-8 | 1 mi |
Central High School, Cape Girardeau, MO 1000 South Silver Springs Road, Cape Girardeau, MO 63703 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 S Kingshighway
Date
Details
Price
Change
Source
4/21/2026
Listed
$2,395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 501 S Kingshighway
Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,104
5%
$287,990
5%
2023
$15,282
—
$274,280
—
2023
$15,267
8%
$274,280
9%
2021
$14,076
—
$252,790
—
2022
$14,077
—
$252,790
—
2020
$14,115
—
$252,790
—
2019
$14,095
—
$252,790
—
2018
$14,069
—
$252,790
—
2017
$14,101
—
$252,790
—
2016
$14,048
—
$252,790
—
2015
$14,059
—
$252,790
—
2014
$14,124
—
$252,790
—
2013
$14,083
—
$252,790
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 501 S Kingshighway
501 S Kingshighway, Cape Girardeau, MO 63703 (MLS# 26024309) is a Commercial property. 501 S Kingshighway is currently listed for $2,395,000 and was received on April 21, 2026. Want to learn more about 501 S Kingshighway? Do you have questions about finding other Commercial real estate for sale in Cape Girardeau? You can browse all Cape Girardeau real estate or contact a Coldwell Banker agent to request more information.
