2357 Rust Avenue, Cape Girardeau, MO 63703
Business - Cape Girardeau, MO
- Added:
- Apr 16, 2026
- Days on Market:
- 54
- Last Refresh:
- Jun 8 at 8:06 pm
Property Features for 2357 Rust Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Business
- Standard status
- Active
- APN
- 20-316-00-05-00200-0000
- Size
- 1,800 SF
- Lot size
- 0.57 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 1811
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1967
- Flooring type
- Carpet
- Building materials
- Block, Brick
- Architectural style
- Other
Listing agent Sheila King License #2001016387 (573) 579-5509
Listing office Edge Realty 125 E. Main Street Suite A, Cape Girardeau, MO (573) 243-2555
Listing date Apr 16, 2026
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime commercial location in the heart of Cape Girardeau with excellent visibility and accessibility.
- Versatile 1800 sq ft of adaptable space suitable for various business types (retail, office, service).
- Ample parking for customers and employees.
- Well‑kept and clean building.
- Easy access for both customers and employees.
- Located in a thriving community with a strong economy and growing population.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.3k | $14.04 |
| − Vacancy | −$1.6k | −$0.87 |
| EGI | $23.7k | $13.17 |
| − OpEx | −$7.1k | −$3.95 |
| NOI | $16.6k | $9.22 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cape Girardeau
- County
- Cape Girardeau
- State
- Missouri
- Longitude
- -89.553542
- Latitude
- 37.288267
