Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    450 Siemers Drive Cape Girardeau, MO 63701

    View on Map
    For Lease
    $5,641 /Mo

    Unimproved Land - Cape Girardeau, MO

    Type:Unimproved Land
    Property size:
    6,770 SF
    Added:
    Nov 14, 2025
    Days on Market:
    139
    Last Refresh:
    Apr 2 at 10:06 pm

    Property Features for 450 Siemers Drive

    General Information

    Property type
    Commercial Lease
    Property subtype
    Unimproved Land
    Parking features
    Driveway
    Standard status
    Active
    APN
    20-300-00-01-00300-0000
    Size
    6,770 SF

    Taxes and HOA fees

    TaxYear
    2022
    TaxAnnualAmount
    20933

    Utilities

    Heating system
    Forced Air, Natural Gas, Solar (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1991
    Architectural style
    Other

    We can help!

    Listing Contact
    Jacob Fish

    Listing agent Jacob Fish License #2010013545

    Listing office Edge Realty 2511 Independence Suite 100, Cape Girardeau, MO

    Listing date Nov 14, 2025

    MLS# 23066863 Listing URL

    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.

    Overview

    Office Suite in Cape Girardeau

    This property offers an ideal office suite, benefiting from high visibility and substantial traffic flow. The space is turn-key ready and situated in a business park with frontage on a highway or interstate. The property is located in Cape Girardeau, Missouri, within Cape Girardeau County. The property has a size of 6770 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CARSTAR Russom's Cape ... Auto Repair Shop

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cape Girardeau
    County
    Cape Girardeau
    State
    Missouri
    Longitude
    -89.576846
    Latitude
    37.292747

    Nearby Similar for Lease

    • Contact for pricing

      Renovated Commercial Space For Lease

      Renovated commercial space with high visibility in a prime location.
      230 N Sprigg Street, Cape Girardeau, MO 63701
      View Details
    • Contact for pricing

      Mixed-Use Commercial Space Available

      Versatile storefront and warehouse space in downtown Cape Girardeau.
      2117 Broadway St. Suite B, Cape Girardeau, MO 63701
      View Details
    • Contact for pricing

      Historic Art Deco Landmark Space

      Restored historic building in downtown Cape Girardeau's commercial district.
      824 Broadway St, Cape Girardeau, MO 63701
      View Details
    • Contact for pricing

      Remodeled Office Space with Amenities

      Centrally located office space with modern finishes and included amenities.
      1427 Thomas Dr, Cape Girardeau, MO 63701
      View Details
    • Contact for pricing

      Remodeled Office Space with Amenities

      Centrally located office space with modern finishes and included amenities.
      1427 Thomas Dr, Cape Girardeau, MO 63701
      View Details
    • Contact for pricing

      Downtown Office Building For Lease

      13,694 SF office building in historic downtown Cape Girardeau.
      18 N. Main, Cape Girardeau, MO 63701
      View Details
    • Contact for pricing

      Professional Office Building For Rent

      1,218 SF professional office building in good location.
      720 Forest Ave, Cape Girardeau, MO 63701
      View Details
    • Contact for pricing

      Cape Girardeau Warehouse Space Available

      Versatile warehouse space with high ceilings and ample parking.
      45 N Broadview St - Middle, Cape Girardeau, MO 63701
      View Details
    • Contact for pricing

      Versatile Warehouse Space Available

      9600 sf warehouse with high ceilings, shared loading dock.
      45 N Broadview St - Front, Cape Girardeau, MO 63701
      View Details
    • Contact for pricing

      600 SF Commercial Storage Space

      Commercial space ideal for off-site storage with drive-in door.
      2222 Kingsway Dr, Suite C, Cape Girardeau, MO 63701
      View Details
    • Contact for pricing

      Spacious Office Space For Rent

      15,100 SF office space near dining and shopping.
      301 South Broadview Street, Cape Girardeau, MO 63703
      View Details
    • Contact for pricing

      New Development Retail Space Available

      Prime lease space with high visibility and build-out allowance.
      2510 Veterans Memorial Drive, Cape Girardeau, MO 63701
      View Details

    FAQs

    What type of property is this?
    Office units - Office suite with high visibility and traffic in Cape Girardeau.
    Where is this office units located?
    The property is located at 450 Siemers Drive Cape Girardeau, MO.
    What is the lease rate?
    The lease rate is $5,641 /Mo.
    What are key features of this property?
    This property features: Turn‑key ready office suite; High visibility and high traffic location; Highway/Interstate frontage
    (573) 450-3791
    We can help!
    Listing Contact
    Jacob Fish
    Real Estate License ID: 2010013545
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!