1304 Parkade BlvdColumbia, MO 65203

Property Details for 1304 Parkade Blvd

Lot size

0.41 AC

Zone code

C3

Property type

Retail space

APN

16-310-00-03-010.00 01

APU

1631000030100001

Description

This exceptional 4,800 square foot retail property, located at 1304 Parkade Blvd Unit 1304 in Columbia, Missouri, presents a fantastic opportunity for both end-users and investors. Situated on a 0.41-acre lot, this well-maintained building boasts an open floor plan, ideal for a variety of retail or office uses. Its prime location ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a strong presence in a thriving market. The property is currently vacant, allowing for immediate occupancy and customization to suit specific business needs. The asking price is $600,000, representing a compelling investment opportunity given the property's size, location, and condition. The building's excellent condition minimizes upfront capital expenditure, allowing businesses to focus on operations and growth. This versatile space offers significant potential for a range of commercial ventures, making it a highly desirable asset in the competitive Columbia market. Serious inquiries are encouraged to explore this exceptional opportunity further. The property is ready for immediate possession.

• CAP approach

  CAP return

  Valuation

  6%

  $6,284,566

  6.5%

  $5,801,138

  7%

  $5,386,772

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,536,266

  Geo Method

  $3,536,266

• Alternative Use

  Use

  Valuation

  Residential

  $4,893,477

  Hospitality

  $4,482,399

  Educational

  $3,729,303

  Medical

  $3,857,560

  Retail

  $5,801,138

Location Insight

City

Columbia

County

Boone

State

Missouri

Latitude

38.9665

Longitude

-92.3434

CBSA code

17860

CBSA name

COLUMBIA, MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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