201 Stadium BlvdColumbia, MO 65203

Property Details for 201 Stadium Blvd

Year built

2003

Lot size

6.90 AC

Property size (Sq ft)

139,967 SF

Zone code

C3

Property type

Retail properties

APN

16-204-00-03-001.01 01

APU

1620400030010101

Description

This exceptional commercial property, Shoppes at Stadium – Unit 1, offers a unique opportunity for businesses seeking flexible office space. Located on Stadium Blvd, this two-story building boasts a total of 20,900 square feet, with a minimum divisible space of 11,096 square feet. The property is zoned M-C and features a variety of options for tenants. The building previously housed a Macy's department store, offering significant potential for redevelopment and branding. Currently, there is one available space. The first floor is ideal for retail tenants, with the landlord offering build-out services including the creation of exclusive storefronts. The landlord will handle the demolition and construction of new storefronts for the four first-floor retail spaces. The second floor provides ample office space, complete with convenient rear parking and a dedicated entrance, allowing for independent access and privacy. This versatile property is perfect for businesses requiring a blend of retail and office space or those seeking a large, adaptable office environment. Rent is on a Net, Net, Net (NNN) basis. The property's strategic location and flexible layout make it an attractive investment opportunity. Inquire today to learn more about this exceptional property and its potential to meet your business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $48,864,684

  6.5%

  $45,105,864

  7%

  $41,884,016

• Comparable approach

  Method

  Valuation

  Relative Method

  $27,497,804

  Geo Method

  $27,497,804

• Alternative Use

  Use

  Valuation

  Residential

  $38,048,484

  Hospitality

  $34,852,208

  Educational

  $28,996,626

  Medical

  $29,993,866

  Retail

  $45,105,864

Location Insight

City

Columbia

County

Boone

State

Missouri

Latitude

38.9586

Longitude

-92.3732

CBSA code

17860

CBSA name

COLUMBIA, MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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