SIKESTON-With spring finally here, the Missouri Department of Transportation is doing a little spring cleaning of its own. From March 28 to April 1, MoDOT will "clean-up" its real estate inventory by marketing properties that are no longer needed to build, improve or maintain Missouri's highway system.
The Spring Event will be the Realty to Roads program's third sales blitz-an all-out attempt to sell multiple properties across the state in a short period of time. Thirty-nine parcels ranging in size from one-tenth of an acre to 199 acres will be available for purchase from March 28 to April 1.
Three of the Spring Event parcels are located in the Southeast District.
MoDOT's Bonne Terre maintenance facility in St. Francois County is included in the Spring Event. The 5.88-acre site contains several structures, including a garage, corrugated metal building, material shelter and storage building. MoDOT recently reduced the asking price on this parcel.
The two remaining parcels have great potential for commercial use. One of the parcels is located at the Route 60/Dudley interchange in Stoddard County. The 3-acre site has close access to Route 60, as well as good visibility from Route WW and eastbound Route 60. Additionally, a 0.98-acre property located on Route PP in Butler County is on the market. This parcel would be ideal for an innovative developer.
"While the Southeast District no longer needs this land, the parcels are valuable and we want to find the right buyers," said Senior Right of Way Technician Michael Smith.
Smith added that the money brought in through the Spring Event will be used to fund highway projects. Additionally, ridding of excess right of way saves maintenance costs, reduces liability and puts the property back on the tax rolls to the advantage of local communities.
For more information about the Southeast District properties, please contact Smith at (573) 472-5286 or visit http://www.modot.org/southeast/RealtytoRoads.htm