27 Conley RdColumbia, MO 65201

Property Details for 27 Conley Rd

Year built

1991

Lot size

11.56 AC

Property size (Sq ft)

24,056 SF

Zone code

C1

Property type

Strip malls

Property subtype

Neighborhood centers

APN

17-119-00-07-001.00 01

APU

1711900070010001

Description

Broadway Marketplace offers exceptional retail opportunities in a thriving power center location. Three in-line spaces are currently available, ranging from a minimum of 1,550 square feet to a maximum contiguous space of 12,478 square feet. A total of 14,028 square feet is currently vacant within the larger 705,538 square foot shopping center. This property benefits from a highly desirable location situated between established tenants China Chef and Subway. The space is currently clear and available August 31st. The center enjoys a strong anchor tenant lineup including Hyvee, Sam's Club, and Lowe's, ensuring high foot traffic and visibility for your business. The property is zoned M-C, providing flexibility for a variety of retail uses. Rent is on a Net, Net, Net (NNN) basis, making budgeting and expense management straightforward. This is an unparalleled opportunity to establish or expand your retail presence in a high-performing, well-established shopping center with significant potential for growth and success. The minimum divisible space is 1,550 square feet, ideal for smaller businesses, while larger tenants can occupy up to 12,478 contiguous square feet. Don't miss this chance to secure your place in this vibrant retail environment.

• CAP approach

  CAP return

  Valuation

  6%

  $8,399,900

  6.5%

  $7,753,754

  7%

  $7,199,914

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,726,022

  Geo Method

  $4,726,022

• Alternative Use

  Use

  Valuation

  Residential

  $6,540,582

  Hospitality

  $5,991,138

  Educational

  $4,984,556

  Medical

  $5,155,982

  Retail

  $7,753,754

Location Insight

City

Columbia

County

Boone

State

Missouri

Latitude

38.9517

Longitude

-92.2987

CBSA code

17860

CBSA name

COLUMBIA, MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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