211 Spring StCape Girardeau, MO 63701

  • Commercial land
  • 0.48 AC
For Lease
$12/SF/YR View listing

Property Details for 211 Spring St

Lot size
0.48 AC
Property type
Commercial land
APN
159200015012000000
APU
159200015012000000

Description

This exceptional 13,875 square foot retail showroom and warehouse space presents a unique investment opportunity in Cape Girardeau County. Located just one block from N. Kingshighway/Business Loop 55, this property benefits from high traffic volume due to its proximity to thriving neighboring businesses. The building, constructed in 1968 and extensively renovated in 2018, features two single-story buildings totaling 13,875 square feet. Currently configured as a flooring showroom with a rear warehouse, the space offers significant flexibility for various uses, including continued retail operation or conversion to office space. The 5,688 square feet of vacant space provides ample room for expansion or customization. The property is zoned M-1 and includes five parking spaces. The excellent tenant mix in the area and prominent signage opportunities further enhance its appeal. This property offers a blend of established infrastructure and modern updates, making it an ideal location for a discerning business seeking high visibility and convenient access. The cross street is Bessie St. The property is classified as Class B. Elevators are not available.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,493,284
    Hospitality
    $5,031,818
    Educational
    $4,186,414
    Medical
    $4,330,390
    Retail
    $6,512,198

Location Insight

City
Cape Girardeau
County
Cape Girardeau
State
Missouri
Latitude
37.3097
Longitude
-89.5497
CBSA code
16020
CBSA name
CAPE GIRARDEAU-JACKSON, MO-IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,237
$14,760
$25,420
$40,180
-
$46,113
$79,422
$125,535

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